Moody’s fined over the undeclared conflict of interest
The European Securities and Markets Authority (ESMA) has imposed a fine of € 3.7 million on credit rating agency Moody’s for conflicts of interest. According to the European…
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Bytedance is expecting 250 billion USD from Hong Kong IPO
The Chinese technology company Bytedance, best known for the popular film app TikTok, is currently valued at more than 250 billion dollars by stockbrokers. That’s what sources around…
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In IT, Innovation and Startups
Deliveroo considers it’s not enough: 8.8 billion pound for a meal delivery company
Meal delivery Deliveroo is worth less at the IPO in London than the company had originally hoped for. The fact that several investors object to the way the…
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Small exporters met difficulties with new set of rules
Many small British exporters no longer sell items to the European Union due to the red tape caused by Brexit. According to a survey published on Monday by…
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Complete trade agreement between UK and US hardly reachable until 2023
The United States and the United Kingdom are unlikely to reach a trade agreement before 2023. American president Joe Biden believes that investment in his own economy and…
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UK and EU seek common ground on financial rules and regulations
For the first time since Brexit, the European Union and the United Kingdom have taken a first step towards agreeing rules for banks, insurers and other financial services.…
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TUI closes 48 travel bureaus, business comes to standstill
TUI closes a further 48 travel agencies in the UK, on top of the 166 that are already closed due to the coronavirus crisis. With this, the German…
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