British inflation is one percent annually in July
Inflation in Britain reached 1% on an annual basis in July. Rising prices of clothing, furniture and household items pushed the average price level upwards. It is reported…
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M&S to fire 7000 workers
Marks & Spencer (M&S), the UK department chain store is going to intervene heavily in the workforce due to the crisis. The company announced that 7000 jobs will…
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Public Policy Institute advises the government to extend stimulus
The British government is putting millions of jobs at risk by putting an early stop to emergency programme, which helps companies keep people employed. This is what the…
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Politicians try to build fences around corporations that want to leave Netherlands
The law legislation proposed by local political party GroenLinks puts an obligation at multinational companies that wish to leave the Netherlands to ‘make a departure payment’. It may…
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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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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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In IT, Innovation and Startups
Kenes Rakishev to sell Effective Space startup to Astroscale
The problem of space debris is getting worse each year. There are some established aerospace companies and startups that try to offer solution for the trouble. However there…
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UK allocates hundreds of millions for border posts and infrastructure
United Kingdom has to re-establish the borders to take control on its own territory, the movement of people and goods. The funds are allocated. The government is allocating…
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Kenes Rakishev expects to buy three gold mining companies, talks are underway
The former major shareholder of Petropavlovsk gold mine, Kazakhstani tycoon Kenes Rakishev is looking to acquire another three gold mining companies at Russia’s Far East. A reputable source…
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The countrywide diet: government weights ban on promotion of ‘unhealthy’ foods
The government has a bold plan for this country. We all will go a diet to meet ‘the next health crisis’ in hunky shape. It’s kind of worrying…
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