BAM getting started with Leeds flood protection
BAM construction company has received a second contract from the British municipality of Leeds for a flood protection project. The British branch BAM Nuttall, in cooperation with with…
Continue ReadingChris Kimble
Commerzbank request a pause before further talks
The German Commerzbank is not yet ready for discussions with the Italian counterpart UniCredit about a merger of the two large banks. The insiders reported this to Reuters…
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Allianz sells share in Allianz Popular
The Allianz Popular partnership between the German insurer Allianz and the Spanish bank Banco Santander is coming to an end. Allianz announced that it would transfer its 60…
Continue ReadingNikkei ends the week with a loss
The Japanese stock market ended on Friday with a loss. Investors took some gas back after the strong gains earlier this week and were particularly looking forward to…
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Eurozone industrial activity remains weak
Activity in the euro zone industry remained at a weak level in June. Market researcher Markit reported this on the basis of a preliminary estimate. The purchasing managers’…
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OPEC stops brawling, meeting scheduled
The members of the oil cartel OPEC and the allies have made the decision to meet after a month of fighting. The insiders report this to Bloomberg news…
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Draghi: possibly, more ECB stimulation needed
The European Central Bank (ECB) may take additional stimulus measures if economic expectations do not improve. ECB President Mario Draghi said that at the forum of the central…
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Nouryon salt business may became a separate entity
The salt and chlorine activities of Nouryon, the former specialty chemical branch of AkzoNobel, may be marketed independently. CEO Charlie Shaver said so in an interview with Bloomberg…
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In IT, Innovation and Startups
Bux is offering free stocks trade with an app
Within two months, investors can trade in shares for free for the first time with a Dutch broker. This is Bux, which raised € 11.1 million from existing…
Continue ReadingArcelorMittal to lay off thousands of jobs
Steel giant ArcelorMittal is struggling with overcapacity in Europe and therefore seems to want to say goodbye to 19,500 employees with a temporary appointment. The company is in…
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