Home / Tag Archives: sector

Tag Archives: sector

Amazon signals entry into India’s huge alcohol sector: Reuters

In this photo, taken on September 18, 2018, Amazon employees are scanning and forwarding packaged products at Amazon’s newly opened fulfillment center on the outskirts of Bangalore. Manjunath Kiran | AFP | Getty Images According to a document published by Reuters, Amazon.com has received approval to supply alcohol in the eastern state of West Bengal in India. This is the …

Read More »

Dow Jones Futures: Corona virus stock market rally remains cool, Salesforce and Paylocity break out in the hot software sector

The Dow Jones futures fell higher along with the S&P 500 futures and the Nasdaq futures late Thursday. The corona virus stock market rally was calm and mixed and closed strongly. The software area remained strong: Salesforce.com (CRM), Paylocity (PCTY) and Alteryx (AYX) broke out Zscaler (ZS) and Shopify (SHOP) blew up over the short consolidations during the IPOs in …

Read More »

GM’s self-driving unit Cruise cuts jobs as the pandemic hits the sector

(Reuters) – General Motors Co’s (GM.N) Self-driving car unit Cruise announced on Thursday that it had decided to lay off workers, the youngest start-up in the emerging industry to cut jobs during the coronavirus pandemic. FILE PHOTO: A self-driving cruise car owned by General Motors Corp. is located on September 26, 2018 in California, USA, in front of the company’s …

Read More »

The energy sector is facing difficult times in the coming months

The energy sector, already hit by a slump in demand and prices, is facing larger losses as the full impact of company closings and social distancing can be felt in the coming months, the country’s largest oil companies said on Friday. Even as Texas, along with 15 other states, started to reopen its economy on Friday, oil and gas companies …

Read More »

The US aviation sector is cutting more jobs as the trip collapses

WASHINGTON (Reuters) – The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector is waiting for passengers to return to heaven, but faces the years of lower demand due to the coronavirus pandemic. FILE PHOTO: Flight attendants photograph an aircraft landing at Reagan National Airport during the coronavirus crisis during a layover in Washington, USA, …

Read More »

Piglet broken off, chickens gasified as pandemic, meat sector gasified

CHICAGO (Reuters) – With the pandemic in the meat packaging industry, Iowa farmer Al Van Beek was unable to send his adult pigs anywhere to make room for the 7,500 piglets he expected from his farm. The crisis forced a decision that still worries him: he ordered his co-workers to give the pregnant sows successive injections that would cause them …

Read More »

According to ADP, 125,000 jobs were created in the private sector in October

Figures: Companies in the country created 125,000 jobs in the private sector in October, according to ADP. Economists interviewed by Econoday had predicted an increase of 125,000. The September total for additional jobs has been reduced from originally 135,000 to 93,000, ADP said. What happened: Large companies, ie companies with at least 500 employees, built 44,000 jobs. Medium-sized companies (50-499 …

Read More »

The other ASX sector benefited from the oil price increase

Not only ASX energy stocks, which saw a rise in the price of oil after the attack on Saudi Arabia over the weekend, posted the largest increase within one day. Although it is not surprising that Oil Search Limited (ASX: OSH) stock price and Beach Energy Ltd (ASX: BPT) stock price among the top five performers of the S & …

Read More »