Amazon hits new heights

Amazon hits new heights

Amazon.com Inc’s shares have hit new highs, but most companies are losing. More than half of workers are employed by small- and medium-sized enterprises, which will struggle to get all the financial assistance on offer. On the other side, Amazon’s outlook to restore the business is very unpredictable. According it’s words they do not know...
US retail sales plummeted 8.7% in March; Wall Street opened lower

US retail sales plummeted 8.7% in March; Wall Street opened lower

U.S. retail sales fell 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home. This was worse than the 0.4 per cent gain in February. It’s the biggest monthly decline since the Commerce Department started keeping records in 1992. The core retail sales dropped by 4.5%...
New pumping money policy from BOJ

New pumping money policy from BOJ

"The focus for the BOJ is still crisis response, not what measures it can take to reflate the economy." Said anonym source close to BOJ representatives. BOJ on the planned meeting will discuss taking further steps to ease corporate funding strains at this month's rate review to pump more money to small firms grappling with...
Apple and Google team up for new software to track the corona virus

Apple and Google team up for new software to track the corona virus

Apple and Google said that they would work together to create contact tracing technology that aims to slow the spread of the coronavirus by allowing users to opt into logging other phones they have been near. This tool will help public health authorities to track the spread of the disease and inform the potentially exposed...