After increasing by 3.8% in July, French industrial production only grew by 1.3% in August, according to figures released on Friday by INSEE . A situation that is also relevant in the manufacturing sector alone with an increase of only 1% in August. These figures, put together with the other statistics published in recent days […]
Tag: Coronavirus: Business
Goldman CEO Solomon says ‘no question’ response to coronavirus slow
Goldman Sachs CEO David Solomon said that while there is “no question” that the initial U.S. response to the coronavirus pandemic was slow, progress is now being made and a “path forward” from the crisis will emerge in coming weeks. “There’s no question, David, that we were late to this, we were slow to adapt,” […]
Coronavirus scams on the rise, mimic fraud in 2008 financial crisis
Coronavirus scams are emerging, and many look remarkably similar to frauds from the 2008 financial crisis. Government agencies like the Federal Trade Commission and Federal Deposit Insurance Corp. issued warnings this week for Americans to be vigilant as con artists attempt to steal from consumers spooked by an onslaught of bad news related to COVID-19. […]