Money Matters
AZMOL British Petrochemical tries to capitalize on BP name, hides a pretty dark ownership scheme
AZMOL is locally-known trademark of budget oils and lubricants made at the Berdyansk plant in Ukraine. When AZMOL suddenly became AZMOL BP many heads were turned. What has…
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It seems that the economies are just fine without people
The industrial activity of the euro area increased at a faster pace in March. This was shown on Thursday by definitive figures from Markit Economics. The industry index…
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Moody’s fined over the undeclared conflict of interest
The European Securities and Markets Authority (ESMA) has imposed a fine of € 3.7 million on credit rating agency Moody’s for conflicts of interest. According to the European…
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Bytedance is expecting 250 billion USD from Hong Kong IPO
The Chinese technology company Bytedance, best known for the popular film app TikTok, is currently valued at more than 250 billion dollars by stockbrokers. That’s what sources around…
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TUI closes 48 travel bureaus, business comes to standstill
TUI closes a further 48 travel agencies in the UK, on top of the 166 that are already closed due to the coronavirus crisis. With this, the German…
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WeWork plans a scaled-down IPO
The WeWork office space provider suffered a $ 3.2 billion loss last year as it had to close its coworkings around the world due to the coronavirus pandemic.…
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Blackstone bids billions on Crown Resorts company
American investment company Blackstone has bid billions on Australian casino company Crown Resorts, which is currently caught up in several scandals. With the acquisition, Blackstone wants to further…
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