The German chipmaker Infineon has cut his expectations for this year. The company attributes the adjustment, among other things, to the weak performance in the Chinese car market.…
Continue ReadingSteel companies continue to invest in new factories, but the demand for steel does not keep pace. This threatens large overcapacity in the sector, warns the Organization for…
Continue ReadingThe British pound managed to curb the sharp decline on Thursday evening after news that the European Union would be prepared to postpone the Brexit until 22 May.…
Continue ReadingThe British Parliament is holding an emergency debate on Wednesday about Prime Minister Theresa May’s request to the EU to postpone the Brexit until 30 June. Under current…
Continue ReadingAsos, one of the fastest growing online clothing stores, suffered a loss of sales in the United States in the last quarter. The British company was unable to…
Continue ReadingThe Russian airline Aeroflot wants to cancel its order of twenty Boeing 737 MAX aircraft, unless the American aircraft maker guarantees the safety of the aircraft. That is…
Continue ReadingThe German pharmaceutical and speciality chemicals group Merck maintains its takeover bid for the American supplier of electronic materials Versum Materials. The Germans write this in a letter…
Continue ReadingBritish wine merchants face explosive growth in paperwork when Britain leaves the European Union without a deal. Wine entering the European Union from, for example, Chile or Australia…
Continue ReadingThe American department store chain Macy’s is going to cut down the upper management in order to save costs. Macy’s reported this when announcing results, without revealing concrete…
Continue ReadingIKEA opens a large store in London for the first time in fourteen years. The new Greenwich branch forms part of the new strategy, with the furniture giant…
Continue Reading
