• DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
  • DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
No Result
View All Result

Friday, December 18, 2020 Headlines

December 18, 2020
in DAILY UPDATES, Home
Reading Time: 5min read
A A
Trump's Defense Veto; Ant Group; UK's free trade deal with Turkey
0
SHARES
6
VIEWS
tweetpostshare
  1. Mayor of Los Angeles refuses to work in Biden’s administration
  2. French President Macron tested positive for Covid-19
  3. Coca-Cola will lay off more than 2,000 people

Embed from Getty Images

Mayor of Los Angeles Refuses to Work in Biden’s Administration

Los Angeles Mayor Eric Garcetti turned down an offer to work in the administration of newly elected President Joe Biden in order to continue in office and focus on the fight against the coronavirus pandemic.

Garcetti stated during a Thursday news conference that he talked to Biden earlier this week, saying that he feels he needs to stay in Los Angeles.

“As the administration reached out to me about serving, I let them know early this week that my city needs me now, and then I want to be here and that I need to be here,” Garcetti said.

“At this point, when so many lives are on the line, there is nothing more important to me, no task more urgent, than being here as your mayor during the worst emergency that our city has ever faced,” he said.

“As the administration reached out to me about serving,” he continued, “I let them know early this week that my city needs me now, and that I want to be here, and that I need to be here.”

He also announced that his 9-year-old daughter, Maya, has tested positive for Covid-19, meanwhile both he and his wife have tested negative. He said her symptoms are “mild,” and that she “is doing fine.”

Garcetti did not specify what role was offered to him in the administration. According to media reports, Biden wanted to appoint Garcetti as Minister of Transport. However, the mayor believes that he needs to focus on the fight against coronavirus and stay in office.

Embed from Getty Images

French President Macron Tested Positive for Covid-19

Among the world leaders, the last name to catch the coronavirus was French President Macron.

According to the statement made by the Presidency in France, Macron’s coronavirus test was positive, and it was stated that Macron will self-isolate for 7 days and will continue to work during this period.

While it was announced that the French leader showed mild symptoms, no statement was made regarding the level of his illness and where he would isolate himself.

French Health Minister Olivier Veran stated that President Emmanuel Macron did not caught the virus at the dinner held at the Elysee Palace.

Pointing out that Macron may have caught COVID-19 at the European Union Leaders Summit held in Brussels on December 10-11, Veran said that the leaders came together at a dinner in a large hall during the summit.

Macron attended the EU Leaders Summit last week and hosted Egyptian President Abdulfettah Sisi in France last week, and had lunch with the Prime Ministers of Spain and Portugal with the President of the European Council, Charles Michel and Ursula von der Leyen.

President of the French Senate Gerard Larcher announced that Prime Minister Castex had also isolated him.

Embed from Getty Images

Coca-Cola Will Lay off More Than 2,000 People

As revenues at locations such as stadiums and movie theaters dried up due to lockdowns, the coronavirus pandemic has hammered Coke’s company. In the duration from July to September, its revenue dropped 9 percent to $8.7 billion.

The company announced that it is planned to lay off 2,200 people around the world, 1200 of which are in the USA.

A well-informed employee said in a statement that layoffs, which make up 2.5 percent of the company’s total workforce, are voluntary leavers and forced layoffs.

Company officials said that the replacement of the workforce would result in expenses of $ 350 million to $ 550 million, with a similar annual savings.

It is known that about 500 of these layoffs will take place at Coca-Cola’s headquarters in Atlanta. At the beginning of 2020, Coca-Cola had approximately 86,200 employees worldwide, 10,400 of which were in the USA.

“We’ve been challenging legacy ways of doing business and the pandemic helped us realize we could be bolder in our efforts,” Coke Chairman and CEO James Quincey said.

The company stated that it will use the savings to invest in rising brands, such as Minute Maid and Simply juices and fund the launch of new products like Topo Chico Hard Seltzer, Coca-Cola Energy and Aha sparkling water.

Learn more about us

Tags: coca colaDAILY NEWSEmmanuel Macroneric garcettiJoe Biden
TweetShareShareSend
Previous Post

Key Levels for USDJPY

Next Post

EURJPY is Over the 126.50 Resistance Level

Related Posts

USDTRY is Pricing Above the Bullish Wedge Formation
MARKETS

USDTRY Outlook After the CBRT Decisions

Tuesday, November 3, 2020 Headlines
DAILY UPDATES

Thursday, April 16, 2021 Headlines

USDJPY is Testing The 106.00 Resistance
MARKETS

USDJPY May be Getting Ready for a Bullish Turn

Tuesday, November 3, 2020 Headlines
DAILY UPDATES

Thursday, April 15, 2021 Headlines

GBPUSD's technical analysis
MARKETS

GBPUSD Found Support from the 100-Day Moving Average

Tuesday, November 3, 2020 Headlines
DAILY UPDATES

Wednesday, April 14, 2021 Headlines

Next Post
technical analysis article on eurjpy

EURJPY is Over the 126.50 Resistance Level

You might also like

USDTRY is Pricing Above the Bullish Wedge Formation

USDTRY Outlook After the CBRT Decisions

Tuesday, November 3, 2020 Headlines

Thursday, April 16, 2021 Headlines

USDJPY is Testing The 106.00 Resistance

USDJPY May be Getting Ready for a Bullish Turn

Tuesday, November 3, 2020 Headlines

Thursday, April 15, 2021 Headlines

GBPUSD's technical analysis

GBPUSD Found Support from the 100-Day Moving Average

Tuesday, November 3, 2020 Headlines

Wednesday, April 14, 2021 Headlines

Recent Posts

  • USDTRY Outlook After the CBRT Decisions
  • Thursday, April 16, 2021 Headlines
  • USDJPY May be Getting Ready for a Bullish Turn
  • Thursday, April 15, 2021 Headlines
  • GBPUSD Found Support from the 100-Day Moving Average
FTD Limited

The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.

MENU

  • DAILY UPDATES
  • MARKETS
  • ANALYSIS
  • ARTICLES

Latest Articles

  • USDTRY Outlook After the CBRT Decisions
  • Thursday, April 16, 2021 Headlines
  • USDJPY May be Getting Ready for a Bullish Turn

Subscribe to our newsletter and get notified about the next update.

    © 2020 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    No Result
    View All Result
    • DAILY UPDATES
    • MARKETS
      • Forex
      • CFDs
      • Spot Metals
      • Indices
    • ANALYSIS
      • Fundamental Analysis
      • Technical Analysis
    • ARTICLES

    © 2020 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.