Primark lost £650 million in monthly turnover
The closure of all stores of the British Primark clothing chain due to the quarantine measures resulted in a monthly loss of turnover of £ 650 million, or…
Continue ReadingDavid Stevenson
S&P sets negative outlook for Shell oil company
Credit rating agency S&P is more negative about the outlook at gas and oil group Shell. The British-Dutch company, like the entire oil industry, is experiencing sharply declining…
Continue Reading
Saudi Aramco yearly profits down 20.6 percent
The net profit of Saudi Aramco, the state oil company of Saudi Arabia, decreased by 20.6 percent last year. The company reports on Sunday that it is a…
Continue Reading
Erdogan continues to blackmail Europe, predicts new waves of migrants
“Until the EU meets all our requirements for the free movement of goods and people and offers better financial aid, we will keep the borders open,” said Supreme…
Continue Reading
The Bank of England lowers the key rate to mitigate economic slowdown
The Bank of England (BoE) has lowered its main interest rate to mitigate the damaging economic impact of the spread of the new corona virus. The British central…
Continue Reading
TESCO sells Thai and Malaysian chain stores
The British supermarket chain Tesco has sold its Thai and Malaysian activities for an amount of $ 10.6 billion (€ 9.2 billion). With that, the company has taken…
Continue Reading
Gold price has at the highest point since 2013
As a result of the new corona virus, the gold price is currently at the highest level since 2013. Investors are looking for safe havens to invest in…
Continue Reading
Amazon will soon be the largest fashion retailer in the UK
Amazon is one of the largest online fashion retailers in the UK. But only when it comes to men’s clothing. According to figures from GlobalData, Amazon has a…
Continue Reading
UK threatens to pull the plug out of negotiations with the EU
The United Kingdom may end its negotiations in June with the European Union (EU) on a trade agreement. This appears on Thursday from the negotiating mandate of the…
Continue Reading
EU makes a move to prevent Britain from importing US chicken
The European Union demands that the UK enforce a ban on ‘chlorine chickens’ as part of a trade agreement between the two parties, The Guardian writes Tuesday on…
Continue Reading