Business

[ad_1] Stores never pay buyers to obtain their products, but in extreme circumstances, some companies do, although generally in a very limited way. However, what happened in the oil market is a massive and unprecedented turnaround, as the price of some futures contracts for US WTI crude fell to -37.63 …

[ad_1] Volkswagen has agreed to a settlement in a class action lawsuit filed by the Federal Consumer Protection Union (VZBV) on behalf of the company’s 260,000 customers, Reuters reported. The German company will pay them 620 million euros in damages. The VZBV class action lawsuit has become the largest in …

[ad_1] The two companies will launch fuel cells for trucks and buses. Daimler and Volvo Trucks will join forces to develop fuel cell technology for trucks and buses, Reuters reports. According to the agency’s comment, the crisis across the coronavirus will encourage the creation of more alliances. “The general objective …

[ad_1] British billionaire Richard Branson is betting on his Necker Island in the Caribbean to rescue his Virgin Atlantic and Virgin Australia airlines. The two carriers are in danger of bankruptcy due to the collapse of the passengers and Branson is seeking financial help from the British and Australian governments …

[ad_1] Coca-Cola Co. sales have decreased by 25% since early April due to the pandemic. The company warned that users will not open their portfolios as soon as the restrictive measures are removed, The Wall Street Journal writes. “We may be nearing the end of a major global economic shutdown, …

[ad_1] Photo: Reuters The key indicators of the New York Stock Exchange ended today’s session in red, amid continuing turbulence in oil prices, reflecting a drop in global demand driven by increased measures taken by countries to curb COVID-19 infection, reports CNBC. The blue chip benchmark Dow Jones Industrial Average, …

[ad_1] After Apple’s stock price fell to $ 233 last week, or 20% less than at the end of last week, negative forecasts have intensified. Several experts, including analysts at Goldman Sachs, have repeatedly forecast a collapse in the company’s shares due to various factors. According to his estimates, Cupertino’s …

[ad_1] Facebook has invested $ 5.7 billion in mobile internet company Reliance Jio, owned by the richest man in India, Mukesh Ambani, reports the BBC. The deal makes the social network the largest minority shareholder in Reliance Industries’ telecommunications division with a 9.99% stake. The deal increases Facebook’s presence in …