Shell gets rid of Philippine subsidiary
Royal Dutch Shell sells its Philippine subsidiary Shell Philippines Exploration to Malampaya Energy for $380 million. The British-Dutch energy group announced this on Thursday. SPEX has an operational…
Continue ReadingArcelorMittal’s credit rating upgraded by Moody’s
Moody’s has increased the outlook for ArcelorMittal’s creditworthiness from stable to positive, based on the strong first quarter of the steel giant and the favourable market environment. “The…
Continue ReadingAnnual inflation target still not met
Inflation in the United Kingdom increased on a monthly basis in April. This was shown on Wednesday by statistics bureau. Prices rose by 0.7 percent on a monthly…
Continue ReadingUK wants to introduce new Irish border controls on food
In a new Brexit proposal, the UK proposes to introduce new Irish maritime border controls on food in four stages from October. All details can be found in…
Continue ReadingHighest oil prices since April 2019 registered
The oil price has risen to its highest level since April 2019 on Monday. On a settlement of $ 66.27, a barrel of West Texas Intermediate became 1.4…
Continue ReadingGermany plans to declare the United Kingdom unsafe because of Indian COVID strain
Germany plans to declare the United Kingdom at risk because of the additional infectious Indian variant of the coronavirus circulating there. The decision can already be taken this…
Continue ReadingBoris Baum: a reform’s Locomotive or ‘Mafia’ fixer in the office of Ukrainian President?
The gambling business was prohibited for a long time in Ukraine. In fact it never fully ceased to exist, however chose to go into shadows. President Volodymyr Zelensky…
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