slump

China shares slump as investors dump over-valued sectors; SMIC tumbles

This post was originally published on this site… * SSEC -1.87%, CSI300 -2.11%, steepest drops since July. * Consumer, health care firms lead losses following large gains this year. * Tech

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National Netflix binge not enough to stop spending slump

This post was originally published on this siteHouseholds hitting the couch during the coronavirus pandemic for a Netflix and alcohol binge wasn’t enough to offset a record collapse in

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Australia records worst economic slump as pandemic ends golden run

This post was originally published on this siteSYDNEY (Reuters) – Australia fell into its deepest economic slump on record last quarter as coronavirus curbs paralysed business activity,

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Sub-Saharan Africa's COVID-induced slump may last 3 years -Ghana FinMin

This post was originally published on this siteClick here to read full article

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Indian economy likely to see record quarterly slump as pandemic hits

This post was originally published on this site… * Likely contracted 18.3% in June qtr vs March qtr’s 3.1% growth. * Coronavirus poses risk of worst recession on record: economists. *

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Lufthansa Weighs Cutting More Jobs as Travel Slump Endures

This post was originally published on this siteSign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter. Deutsche Lufthansa AG, Europe’s biggest airline, is working on

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Coty Sales Slump 60% as a New CEO Prepares to Take Over

This post was originally published on this siteCoty (NYSE:COTY) took a huge hit from to the COVID-19 pandemic in its most recent quarter, but management says it is ready to move on. The makeup

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Britain’s Pret A Manger cuts 2800 jobs due to slump in trade

This post was originally published on this siteAug 27 (Reuters) – British coffee and sandwich chain Pret A Manger said on Thursday it has cut 2,800 jobs in its UK business following its

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US economy’s historic slump in the second quarter lowered to a 31.7% annual decline, GDP shows

This post was originally published on this siteThe numbers: The historic plunge in gross domestic product in the second quarter was lowered slightly to show a 31.7% annual decline, revised

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UK’s Gatwick Airport to cut up to 600 jobs amid travel slump

This post was originally published on this siteThe travel industry has been hit hard by the pandemic. Lockdowns which prevented flying from March to June have been replaced in the UK

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