London Stock Exchange in talks to sell Borsa Italiana and MTS bond trading platform
London Stock Exchange (LSE) is looking to sell the Italian Stock Exchange Company Borsa Italiana. LSE is also considering a sale of the Italian bond trading platform MTS,…
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Shell made a profit where Total have failed
In the second quarter, Shell unexpectedly made an adjusted profit, benefiting from strong business performance and lower operational expenditure. Shell put in the books an adjusted profit based…
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Lloyds suffers losses, accumulates funds for bad loans portfolio
The Lloyds bank suffered losses in the second quarter. The Financial Group was left with money before a provision of GBP 2.4 billion went into the books of…
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In IT, Innovation and Startups
Recorded Future uncovers Chinese hackers operation targeted Vatican
Chinese hackers have penetrated the Vatican’s computer network for three months, US internet security company Recorded Future reports. It’s probably the first time hackers linked to the Chinese…
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Aston Martin expects crisis to extend into 2021
The British manufacturer of luxury cars Aston Martin has plunged deeper into losses in the last six months. The company was faced, among other things, with a disappointing…
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Barclays expects a wave of bad loans mounting
Barclays, like other banks, continues to replenish its emergency fund. The financial group expects that more loans will not be repaid as the economic impact of the corona…
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IMF provides emergency funding for South African Republic
The International Monetary Fund (IMF) provides USD 4.3 billion of emergency loans to South Africa to help the country combat the corona crisis. It is the IMF’s biggest…
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