Starbucks profits fallen 99 percent yet dividends were paid in full
The European coffee chain Starbucks paid USD 175 million in dividends to the parent company last year, despite a 99% fall in profits. The latter was again the…
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Lowest inflation since August 2015 reported
Inflation in the United Kingdom reached its lowest level in August 2015. Among other things, a plan to assist the British catering industry during the coronacrisis contributed to…
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The parliament supported Boris Johnson’s law
The British parliament has contributed to a majority vote in favour of Prime Minister Boris Johnson’s ‘Brexit law’. The further discussion on the subject and the work of…
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United Kingdom lost 695,000 jobs
Unemployment in the United Kingdom has risen for the first time since the introduction of quarantine measures against the coronavirus. Figures from the National Statistical Office show that…
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Eurozone GDP on the rise, lags behind 2019 though
Production in the euro area industry continued to increase in July, after an upturn in May and June. Further relaxation of quarantine measures against the COVID-19 gave industry…
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Growing risks for European business in China, but no exit in sight
European companies in China are concerned about the growing political risks of doing business in the country. They fear that they are more likely to suffer arbitrary punishments…
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Bram Schot has been appointed Non-Executive Director of Shell
Bram Schot has been appointed Non-Executive Director of oil and gas giant Shell. The Dutchman, who was previously at the helm of Audi automaker, will take office on…
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ECB pushes Brexit agenda
The European Central Bank (ECB) is putting more pressure on major international banks to come up with plans to ensure that their activities in the European Union can…
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Easy Jet reports that traffic revival is weaker than expected
EasyJet operated fewer flights in the fourth quarter than it initially expected. The budget airline notes that the demand for tickets remains behind due to the constantly changing…
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Three bills will make trade agreement with EU harder to reach
The UK Government intends to come up with a new bill that will nullify important parts of the withdrawal agreement with the EU. That’s what the Financial Times…
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