Strong quarter Tata Steel thanks to home market
Steel concern Tata Steel recorded almost twice as much profit in the quarter compared to a year earlier. Revenue also increased compared to a year earlier, partly because…
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L’Oréal profits supported by strong Chinese demand
Asia was an important region for L’Oréal last year. In the Far East, the cosmetic maker is now, as a result of the demand for beauty products in…
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Interest rates stay unchanged
The British central bank leaves the main interest rate unchanged at 0.75 percent, as generally expected in the financial markets. In August last year, the Bank of England…
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GSK warns that 2019 profits may be lower
GlaxoSmithKline (GSK) warns that the profit in 2019 is probably not as high as last year. According to British pharmaceutical, adjusted earnings per share are expected to fall…
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Pandora wants a bargain image
Pandora, known for its charm bracelets, is setting a new course. The Danish company wants to put an end to continuous large-scale discount campaigns, which are so characteristic…
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Quiet opening on Wall Street
The stock exchanges in New York started with small volumes for the new trading week. Wall Street is looking forward to the State Of The Union speech that…
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In IT, Innovation and Startups
Apple testing iPhones with three cameras and USB-C connector
Apple is not exactly the champion of the industry standards. The company is known for rather peculiar practice of inventing their own short-lived standards than following industry rules.…
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BP supports climate resolution
Oil and gas company BP will provide more clarity about its greenhouse gas emissions. The British company has announced that it will support a resolution on this during…
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Eight banks suspected in price fixing
The European Commission suspects eight banks of violation of competition rules in the trade in government bonds. Between 2007 and 2012, merchants of the non-listed financial groups in…
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American Stock Exchange is in a good mood
The American stock exchanges closed the marvellous first trading month in 2019 predominantly in style, supported by enthusiastically received results from Facebook and General Electric. In particular, the…
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