Dozens of bidders gathered to buy Wirecard
There is a lot of interest in taking over Wirecard, the bankrupt German fintech company. As much as 77 potential investors came forward to the liquidator and signed…
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TUI withdraws from routes to Spain
In a strange decision the government reintroduced quarantine rules on the hottest summer destination. From now travellers returning from Spain, including Canary islands, are subject to voluntary two…
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Rush for safe havens drove gold to 2011 heights
The gold price rose to over $ 1900 per troy ounce (31.1 grams) on Friday, bringing the record level of September 2011 closer. The gold price has been…
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British retail fully rebound to pre-COVID level
Retail shopping is fully restored to February levels, but the consumer confidence is still negative. Does it means that depressed shoppers buy stuff out of the misery? Sales…
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No US trade deal before the president election in sight
British trade agreements were regulated at the EU level. With the Brexit done Britain needs to re-establish the bilateral agreements. The most important are those with EU and…
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Beefeaters are taking damage: layoffs are imminent
Tourist attractions in London lost the significant portion of the visitors. For many people it means the shrinking salaries. The most iconic honorary guard is among them. For…
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In IT, Innovation and Startups
GlaxoSmithKline invests £130 million in CureVac
British pharmaceutical company GlaxoSmithKline (GSK) is investing £ 130 million, or € 142 million, for a 10 percent stake in German biotechnologist CureVac, who is developing a vaccine…
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