by EFSD | Jul 13, 2021 | Economic News
Virgin Galactic has said it may sell up to $500m of shares after completing a successful space trip on Sunday. In a filing, the company says it plans to use cash raised to develop its spaceship fleet and infrastructure. On Sunday, Sir Richard Branson, Virgin...
by EFSD | Jul 12, 2021 | Economic News
G20 finance ministers have backed an “historic” plan which will see multinational companies pay their “fair share” of tax around the world. The plan to battle tax avoidance puts in place a minimum global corporate tax rate of 15%. It is likely...
by EFSD | Jul 6, 2021 | Economic News
Egypt will release the container ship that blocked the Suez Canal in March, after it agreed a compensation deal with the vessel’s owners and insurers. The two sides said the Ever Given would be allowed on Wednesday to leave the Great Bitter Lake, the...
by EFSD | Jul 5, 2021 | Economic News
June jobs growth is expected to outpace May and more Americans rejoined the workforce, even as companies continued to struggle to find employees to hire. Economists expect nonfarm payrolls grew by 706,000 jobs in June and the unemployment rate fell to 5.6% from 5.8%,...
by EFSD | Jun 30, 2021 | Economic News
Consumers are flocking online to shop as people seek to avoid crowds due to the pandemic, but getting the goods into the hands of the buyer can be challenging. To seize future opportunities, companies that are selling online need to build on infrastructure that...
by EFSD | Jun 26, 2021 | Economic News
A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May from a year ago, the fastest increase since the early 1990s, the Commerce Department reported Friday. Though the gain was the biggest since April 1992, it met the Dow Jones estimate...
