Restoring Consumer Confidence Will Be Key to Global Economic Recovery

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Restoring Consumer Confidence Will Be Key to Global Economic Recovery

In the “miss a little, miss a lot” category, while most investors were watching the counter-trend and counter-intuitive rally in global equity markets last week, the International Monetary Fund (IMF) issued a dire warning about the global economy. The rapid-rise …
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World Shares Skid After Oil Prices Plunge Below Zero

BANGKOK (AP) — World share prices skidded Tuesday after the price of U.S. crude oil plunged below zero, with demand collapsing as the pandemic leaves factories, automobiles and airplanes idled. Germany’s DAX lost 2.2% to 10,443.42 in early trading …
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UK unemployment rose before coronavirus crisis, ONS figures show

Britain’s jobs market weakened in the three months to February before the coronavirus outbreak, despite a record number of people in employment. Figures covering the months leading up to the Covid-19 outbreak showed the economy struggling to …
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Fintech firm Adyen posts 34% surge in first-quarter revenue as coronavirus bolsters online payments

Dutch financial technology firm Adyen reported rising revenue and core profits in its first-quarter results Tuesday, as the coronavirus pandemic boosted online payments but impacted on margins. The company posted total first-quarter revenue of 135.5 million …
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Starbucks is adding plant-based meat and oat milk lattes to its menu in China

Hong Kong (CNN Business) Fans of Starbucks in China are about to get a whole lot more oat milk lattes and meatless pastas. Starbucks (SBUX) is teaming up with oat milk maker Oatly and plant-based protein companies Beyond Meat (BYND) and Omnipork …
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