Nokia waits for the easing of quarantine measures

The Finnish maker of telecom equipment Nokia has lowered its expectations for this year. The company is having trouble getting its products to customers due to the corona pandemic. Some customers have also postponed investments. First…

Diamond Offshore Drilling gone bankrupt

The American oil company Diamond Offshore Drilling has filed for Chapter 11 bankruptcy because of the unprecedentedly low oil prices. For the first time in history, parties had to make additional payments last week to supply US oil. The oil…