Moody’s stops monitoring Aperam stainless steel producer
Credit rating agency Moody’s stops following the Amsterdam-based stainless steel company Aperam for “business reasons”. Moody’s had a rating of Baa3 with a stable outlook on Aperam. Moody’s…
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Tata Steel is in the process of major management shuffle
The top of steel producer Tata Steel Europe is being redesigned. Tata Steel Europe CEO Hans Fischer will retire at the end of this week. NK Misra, financial…
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ReAssure worth £ 3.3 billion on the stock market
The Swiss reinsurer Swiss Re is bringing its British division ReAssure Group for a price of 280 to 330 pence per share on the stock exchange in London.…
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BAM getting started with Leeds flood protection
BAM construction company has received a second contract from the British municipality of Leeds for a flood protection project. The British branch BAM Nuttall, in cooperation with with…
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Investments funds underperform, while ETFs are on the rise
Troubles come to managers of traditional investment funds: their costs increase with rapidly declining profits and push their performance in the red. These traditional fund managers compete with…
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Global steel production continues to rise
Worldwide steel production increased by 5.4 percent on an annual basis in May to 162.7 million tons. The World Steel Association announced this. China accounted for more than…
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Allianz sells share in Allianz Popular
The Allianz Popular partnership between the German insurer Allianz and the Spanish bank Banco Santander is coming to an end. Allianz announced that it would transfer its 60…
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