Steel is in the biggest dip in ten years
The European steel sector is in the biggest malaise since the financial crisis in 2008. Get well soon is not for next year. The European branch of the…
Continue ReadingMatthew P.
LVMH re-approaches Tiffany with the new takeover bid
The French luxury group Louis Vuitton Moët Hennessy (LVMH) has increased its offer to the American jewelery chain Tiffany to around 16 billion dollars. This will give the…
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Plans to nationalize BT lowered the share price
The British telecom company BT was under pressure on the London stock exchange on Friday due to Labor’s plans to nationalize part of the company in the event…
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Osram Licht agrees on the AMS terms
Osram Licht advises its shareholders to agree with the takeover bid of 41 euros per share from the Austrian sensor maker AMS. The German lighting company has already…
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Aramco’s IPO set to December 4
Interested parties can register from 17 November for the purchase of shares of the Saudi state oil company Saudi Aramco. That registration runs up to and including Wednesday…
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Chinese exports fell less then expected
China’s exports fell less sharply in October than economists had expected. In addition, the decline in imports was less marked than feared, according to figures from the Chinese…
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Moody’s set outlook to negative for ArcelorMittal group
Moody’s Credit rating agency lowers the prospects of the creditworthiness of ArcelorMittal steel group from stable to negative. The agency points out the sharp drop in profitability of…
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In IT, Innovation and Startups
Voyager 2 Space Probe leaves the solar system and is on its way to the Big Unknown
While the average smartphone gives up after three years, the Voyager 2 space probe – which has now reached 40 – is still working. The probe has now…
Continue ReadingThe House of Commons elects Lindsay Hoyle to succeed John Bercow
On Monday, the British House of Commons elected Lindsay Hoyle as successor to departing President John Bercow, who held the important parliamentary function for more than a decade.…
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IAG takes Air Europa over, one billion euro price confirmed
The Spanish aviation company Iberia, which is part of the British IAG, takes over the Spanish counterpart Air Europa. The deal involves an amount of 1 billion euros.…
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