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JPMorgan, Goldman Sachs, and Citigroup halt political donations

JPMorgan, Goldman Sachs, and Citigroup halt political donations

Recently, American banks have been reluctant to make any political contributions. Thus, the three largest US banks - JPMorgan Chase, Goldman Sachs, and Citigroup - announced their decision to pause all political donations to both Republicans and Democrats. The decision came after the pro-Trump mob violently stormed the US Capitol.
06:51 2021-01-20 UTC+00
Some small US businesses get $1 relief loans

Some small US businesses get $1 relief loans

The large-scale state program of financial aid to the US business was widely covered in the press. The sums of payments were really impressive. In fact, everything turned out to be a little different. A wage subsidy is the key point of the stimulus package. Local and federal authorities gave people big promises.
13:56 2021-01-19 UTC+00
Airbus cuts aircraft manufacturing in 2020

Airbus cuts aircraft manufacturing in 2020

In its latest corporate report released on January 8, 2021, Airbus SE announced that it delivered 566 aircraft in 2020. This is 34% down from the number of aircraft supplied in 2019. Last year, Airbus SE sold 566 commercial aircraft to 87 customers.
09:42 2021-01-19 UTC+00
Dr. Martens considers London IPO

Dr. Martens considers London IPO

Iconic footwear brand Dr. Martens is planning to launch its first IPO on the London Stock Exchange (LSE). Although this IPO is unlikely to become the biggest on the LSE, it will definitely attract investors’ attention.  However, in its official statement, the company did not give any details on the listing procedure and its exact date.
09:35 2021-01-19 UTC+00
Global economy to remain under pressure in 2021 as COVID-19 continues to spread

Global economy to remain under pressure in 2021 as COVID-19 continues to spread

Most of the world economic growth projections for 2021 are quite contradictory. Some experts are optimistic about the global economy in the current year, while others anticipate rather pessimistic scenarios. Nevertheless, they all agree that the situation in 2021 will remain dependent on the coronavirus pandemic.
08:17 2021-01-19 UTC+00
Germany to face unemployment and wave of bankruptcies due to pandemic

Germany to face unemployment and wave of bankruptcies due to pandemic

According to RT with reference to the Welt-TV channel, Germany's economy may suffer devastating consequences because of the government’s decision to extend the lockdown in the country. Experts underline that Germany may be swept away by a huge wave of bankruptcies. As a result, the level of unemployment will spike.
07:31 2021-01-19 UTC+00
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