Shell is ahead of schedule in Mexican Gulf
Oil and gas giant Shell has started oil production much earlier than estimated on its new platform in the Gulf of Mexico off the coast of the United…
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Eurozone industry activity declining
Business activity in the euro zone ‘fell unexpectedly’ in May. This is reported by preliminary figures from market researcher Markit. The purchasing managers’ index for the industry was…
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Eurozone inflation is “still too low”
Inflation in the euro zone is not yet at the level desired by the European Central Bank. That says Klaas Knot, the highest boss of De Nederlandsche Bank.…
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HSBC is on solid growth lane
The British HSBC bank posted more profit in the first quarter, while revenues were also on the rise. Profit before tax rose 31 percent to $ 6.2 billion…
Continue ReadingLess bilateral investments between Britain and EU
The United Kingdom and the European Union have made fewer direct investments back and forth since the Brexit referendum. Last year, investors on both sides of the Channel…
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Chinese data gives Wall Street a boost
The stock markets in New York are expected to face a higher opening on Wednesday. Better-than-expected figures on China’s economic growth seem to be pushing up markets. Investors…
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Founder of the illegal online trade market Silk Road 2 sentenced for five year in prison
A court in Liverpool has sentenced for five-year and four-month prison term Thomas White, the founder of the illegal online trading place Silk Road 2. White is guilty…
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KLM carried fewer passengers in March
KLM carried fewer passengers in March compared to the same month a year earlier. Corporation blames the decline on operational disruptions and bad weather. The number of passenger…
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German car makers cheated with emission technology
The European Commission is bombarding BMW, Daimler and Volkswagen. The German automakers have been guilty of making mutual agreements about emissions technology, concludes Brussels after research. BMW, Daimler…
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Concessions offered to Brussels on Thyssen-Krupp and Tata Steel merge
Thyssen-Krupp and Tata Steel have offered concessions to the European Commission for approval of the intended merger of their European steel activities. A spokesperson for the committee announced…
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