U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
Read More »Venezuela’s food chain is breaking, and Million Go Hungry
Anna Noise, a retired municipal worker in western Venezuela, says her diet often consists of just a few corn-flour pancakes, known as airspace. Even when she has the money to buy groceries at Maracaibo’s teaming flea market, she said that “instead of quality food they sell waste like animal hide …
Read More »Spotify CEO Tesla backs rival Northworth in a 600 600 million round of funding
Draw Anger / Getty Images LONDON – Spotify founder and chief executive Daniel AK has invested in Swedish battery firm Northwolt, which is building a giga factory in the Lapland region of Sweden. Stockholm-headquartered Northwelt announced on Tuesday that it has raised equity funds from institutional investors such as Swedish …
Read More »Global coronavirus deaths exceed one million
The death toll from the coronavirus epidemic reached one million on Saturday, as many countries continue to struggle to eradicate the virus that has overwhelmed health care systems, weighted economies and daily life around the world. Covid-19, a virus-causing disease, kills an average of more than 70,000 people every day …
Read More »Junk bond jitters could signal the start of stock market capitalization
Glenn Kirk / Agency France-Press / Getty Images Investors worried about the recent turmoil in the stock market may want to keep an eye on the high-yielding corporate bond market of about $ 1.5 trillion to help gauge when more significant sell-offs could begin on Wall Street. Analysts are often …
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