Money Matters
Oil Market awaits the new Iranian deal, expects OPEC+ to ramp up production
The price of oil dropped on Friday. On a median contract of $ 66.32, a barrel of WTI became 0.8 percent cheaper. On a weekly basis and throughout…
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Bank of America got bigger stake at JET
Bank of America has a bigger stake in Just Eat Takeaway.com reported. This was shown by a notification under the Dutch Financial Supervision Act, dated 26 May 2021.…
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British shoppers go back to the supermarket now that vaccination campaign is in full swing
Across the UK, consumers are more likely to shop as the country’s Covid-19 vaccination programme accelerates, according to data from Kantar. For the 12 weeks to 16 May,…
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JET shares fall on over-reaction
The price pressure at Just Eat Takeaway is excessive. This was stated by Credit Suisse analysts on Tuesday, who reduced the price target from £ 124.00 to £…
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Shell gets rid of Philippine subsidiary
Royal Dutch Shell sells its Philippine subsidiary Shell Philippines Exploration to Malampaya Energy for $380 million. The British-Dutch energy group announced this on Thursday. SPEX has an operational…
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ArcelorMittal’s credit rating upgraded by Moody’s
Moody’s has increased the outlook for ArcelorMittal’s creditworthiness from stable to positive, based on the strong first quarter of the steel giant and the favourable market environment. “The…
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Annual inflation target still not met
Inflation in the United Kingdom increased on a monthly basis in April. This was shown on Wednesday by statistics bureau. Prices rose by 0.7 percent on a monthly…
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