Iranian oil tanker now heads to Greece after a month and a half in Gibraltar
The Iranian oil tanker Grace 1 has set course for Greece, despite pressure from the Americans to keep the ship on the chain at Gibraltar. Ship data show…
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AirBnb shows explosive growth
In the first quarter of this year, people booked $ 9.4 billion in accommodations with Airbnb. That’s 31 percent more than the same period last year, insiders say…
Continue ReadingLSE is back online after technical issues with FTSE evaluation
The technical problems at the London Stock Exchange (LSE) have been resolved. The operator of the London stock exchange reports that trading for the FTSE 100 index has…
Continue ReadingTurkish retirement fund is interested in British Steel
The Turkish military pension fund Oyak is in exclusive talks to take over the bankrupt steel maker British Steel. The fund, which has more than 19 billion dollars…
Continue ReadingEurozone economy shows 0.2 percent growth but Germany is in risk of recession
The eurozone economy grew by 0.2 percent in the second quarter compared to the previous quarter, the Eurostat statistics agency reports on the basis of a new estimate.…
Continue ReadingInflation rose 2.1 percent in July
Inflation in Great Britain rose to 2.1 percent in July, from 2 percent a month earlier. The British National Statistical Office reported this. Economists generally expected an inflation…
Continue ReadingWith no-deal Brexit, pound can sink to parity with the dollar
In the case of a no-deal Brexit, the British pound continues to fall in value and the currency can be worth 1 dollar for the first time in…
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