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Category: Business

Air freight rates head back to earth as virus-driven boom cools
June 28, 2020June 22, 2020 tretesviewhotelcom

Air freight rates head back to earth as virus-driven boom cools

Business

An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal levels, are falling

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Wirecard says it cannot rule out ‘fraud of considerable proportions’
June 27, 2020June 22, 2020 tretesviewhotelcom

Wirecard says it cannot rule out ‘fraud of considerable proportions’

Business

German payments company Wirecard AG (WDIG.DE) said on Friday it may be the victim of “fraud of considerable proportions”, after its auditor refused to sign

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South Korea’s wealthy, passed over by pandemic pain, splurge on Porsches and BMWs
June 26, 2020June 22, 2020 tretesviewhotelcom

South Korea’s wealthy, passed over by pandemic pain, splurge on Porsches and BMWs

Business

Hwang Min-yong, a 37-year-old South Korean businessman, recently received his black Porsche Cayenne coupe with red leather seats after a seven-month wait and took it

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Blackstone, Taisho Pharma among final bidders for Takeda’s Japan OTC unit
June 25, 2020June 22, 2020 tretesviewhotelcom

Blackstone, Taisho Pharma among final bidders for Takeda’s Japan OTC unit

Business

Blackstone, Bain Capital and Taisho Pharmaceutical are among the final bidders for Takeda Pharmaceutical’s (4502.T) consumer drug business in Japan, a deal that could be

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Discount grocers look to jump on home delivery bandwagon
June 24, 2020June 22, 2020 tretesviewhotelcom

Discount grocers look to jump on home delivery bandwagon

Business

Discount supermarket chains Aldi and Lidl look poised to accelerate their push into home delivery to satisfy burgeoning demand for online grocery shopping in a

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U.S. shares retreat on renewed pandemic fears, safe-havens rise
June 23, 2020June 22, 2020 tretesviewhotelcom

U.S. shares retreat on renewed pandemic fears, safe-havens rise

Business

Demand for safe havens rose and global equity markets turned south on Friday after Apple Inc said it would temporarily shut 11 U.S. stores as

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Nissan cuts more shifts at Japan car plants due to low demand
June 22, 2020 tretesviewhotelcom

Nissan cuts more shifts at Japan car plants due to low demand

Business

Nissan Motor Co (7201.T) on Friday said it will cut more shifts at its three assembly plants in Japan due to falling demand, as the

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