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Business

EasyJet secures new five-year $1.87 billion loan with UK guarantee

By hiztoriacom January 21, 2021January 15, 2021

British airline easyJet EZJ.L boosted its liquidity through a new five-year loan facility of $1.87 billion, backed by a partial guarantee from Britain, helping to ease concerns about its finances…

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Business

Chipotle to hire 15,000 workers in the United States

By hiztoriacom January 20, 2021January 15, 2021

Chipotle Mexican Grill Inc said on Monday it would hire 15,000 workers in the United States, as the fast-casual burrito chain benefits from strong demand during the COVID-19 pandemic. The…

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Business

Money markets ramp up bets on U.S. interest rate hikes by 2023

By hiztoriacom January 19, 2021January 15, 2021

Judging by trading in U.S. money markets, investors are starting to ramp up expectations for a rise in U.S. interest rates by the second half of 2023 on the prospects…

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Business

Tesla hunts for design chief to create cars for China

By hiztoriacom January 18, 2021January 15, 2021

Tesla Inc is searching for a design director in China, part of efforts to open a “full-function” studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer…

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Business

Cancel your weekends! Bitcoin doesn’t rest, and neither can you

By hiztoriacom January 17, 2021January 15, 2021

Bitcoin doesn’t sleep. On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing New Year hangovers. But there was no breather for bitcoin, which powered past…

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Business

Gilead raises 2020 profit forecast on remdesivir strength

By hiztoriacom January 16, 2021January 15, 2021

Gilead Sciences Inc raised its full-year profit forecast on Monday, as a recent resurgence in COVID-19 cases boosted demand for its COVID-19 treatment, remdesivir. The level of new COVID-19 cases…

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Business

TD Bank faces Stanford Ponzi scheme liquidators seeking $5.5 billion in trial

By hiztoriacom January 15, 2021

Toronto-Dominion Bank will defend itself in a trial starting in a Canadian court on Monday in which liquidators of the collapsed Antigua bank of former Texas financier Robert Allen Stanford…

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