Pearson is cautious on profit forecast
The British publishing group Pearson has become more cautious about the profit forecast this year. The group is struggling with weaker performance in the United States than was…
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Asian markets unsatisfied with trade talks perspectives
The Chinese stock markets went down on Monday. Investors mainly kept an eye on developments regarding the trade dispute between the United States and China. The Chinese trade…
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Christine Lagarde demands predictability of central banks
The future president of the European Central Bank (ECB) Christine Lagarde believes that central bankers should be predictable. Central bank policies must also be based on “facts and…
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Lloyd’s made a huge leap in 2019 H1
Lloyd’s of London made considerably more profit in the first half of the year than in the same period last year. The more than 300-year-old insurance marketplace cut…
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Viva la Inflation: ECB will ‘do anything’ to punish euro savers
The European Central Bank (ECB) is prepared to “do everything necessary” to meet the inflation target. If necessary, deposit rates and marginal lending rates can be further reduced,…
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Saudi oil production halved after attack
Saudi state oil company Saudi Aramco halved its oil production on Saturday, after drones had attacked two of the company’s major oil installations. Sources around Saudi Aramco said…
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Pacific Gas and Electric Company reached damage settlement agreement
The American electricity company PG&E has reached an agreement on the payment of 11 billion dollars to settle damage caused by forest fires. The fires in the US…
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European Union is asking yet another tax for airlines
The EU must tackle the environmental costs of air traffic. One of the options is the introduction of a European air passenger tax, said French minister Bruno Le…
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Tata Steel is going to implement ‘a more humane approach’ to asbestos cases
Tata Steel is going to be more socially responsible in the cases of asbestos victims who were employed by the company, de Volkskrant writes Friday. Recently rejected claims…
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ECB buyback meets resistance
In contrast to what President Mario Draghi of the European Central Bank (ECB) said, there was a lot of resistance to resuming the buy-back program. Several countries did…
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