Alison Rose to manage Royal Bank of Scotland
Royal Bank of Scotland gets Alison Rose as the new manager. It is the first time that a woman has taken the helm at a large British bank.…
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OECD lowered the world economy forecast
The growth of the world economy this year is at the lowest level since the financial crisis. The Organization for Economic Cooperation and Development (OECD) lowered its growth…
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USA: satellite images show that Iran was involved in an oil attack
The US security forces have satellite images and other intelligence that would show that Iran was involved in the attack with drones and possibly cruise missiles on oil…
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LSE board unanimously voted against the sale to Hong Kong
London Stock Exchange (LSE) has rejected a takeover bid from its Honkong counterpart. The board of the British stock exchange operator voted unanimously against the rapprochement of Hong…
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Trump accuses ECB of currency manipulation
The European Central Bank (ECB) is damaging US exports by reducing the value of the euro against the dollar. That said US President Donald Trump in response to…
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In IT, Innovation and Startups
Rovio, a Colossus born of a silly game, lowers profit forecast
The Finnish company Rovio Entertainment, the maker of the ten-year-old mobile game Angry Birds, has lowered its expectations for the whole year. This is partly due to the…
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The Insulin Fraud unfolds in Moldova, Ukrainian Farmak Company has been involved
The pharmaceutical scandal in Moldova associated with procurement of the insulin product in neighbouring Ukraine continues. In July 2019, the National Anti-corruption Centre in Moldova instituted criminal proceedings…
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Boris Johnson is trapped in the Brexit swamp
Is British Prime Minister Boris Johnson submitting a motion of no confidence against himself and instructing his party members to vote against him and the conservative government? Nothing…
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EU will not agree to a new Brexit postponement
The European Union will not agree to a new extension of Brexit. That is what French Foreign Minister Jean-Yves Le Drian said on the French radio channel Europe…
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Parliament drama has left Boris Johnson in limbo
Prime Minister Boris Johnson wants new elections to be held on 15 October. He made that call shortly after a majority of the Lower House had agreed to…
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