Allianz's American asset management unit pleads guilty to criminal securities fraud and agrees to pay $5.8 billion to those who have been misled about the risk of investing in some hedge funds that collapsed with the beginning of the COVID-19 pandemic, in addition to more than $1 billion to the Securities and Exchange Commission. 2022-05-17
Disneyland, the second most visited amusement park in the world, reopens with a limited capacity and guidelines for social distancing face masks in effect after more than one year of closure due to the pandemic. 2021-04-30
The Eurostat reports that consumer prices in the Eurozone have deflated from 0.4% in July to -0.2% in August, the bloc's first deflation since May 2016. 2020-09-1
The Office for National Statistics reports the worst quarterly job losses in the United Kingdom since the financial crisis in 2009. 2020-08-11
American car rental company Hertz files for Chapter 11 bankruptcy due to accumulating nearly $19 billion in debt. 2020-05-22
The U.S. unemployment rate hits 14.7%, the highest since the Great Depression, mainly due to job losses from the COVID-19 pandemic. 2020-05-8
OPEC+ holds an emergency meeting to try to agree on output cuts due to decreased demand for oil due to the coronavirus pandemic. Russia says it has "no plans to discuss oil markets with the leadership of Saudi Arabia or the U.S. on Thursday". 2020-04-9
Following a collapse in print sales amid the COVID-19 pandemic in the United Kingdom, "The Jewish Chronicle" and "Jewish News" newspapers enter voluntary liquidation and are to close. 2020-04-8
USA Rugby files for chapter 11 bankruptcy citing "insurmountable financial constraints" amid the coronavirus pandemic. 2020-03-30
The Badaling section of the Great Wall of China reopens to visitors. 2020-03-24