Money Matters
Oil entered the worst week since June
Oil prices went down hard on Friday, with the price of American oil diving below USD 40 per barrel for the first time in a month. The decline…
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Tax reduction pushed house prices to new highs
In August, UK housing prices showed the largest increase in 16 years, fuelled by increasing demand due to a tax reduction. That’s what we found on Wednesday from…
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Philips attempt to sell an overpriced batch of ventilators failed miserably
A serious setback for Philips: the technology group has lost an American order for the supply of 30 000 respirators halfway through the journey. The commission issued by…
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WPP claims to have come to the bottom of the crisis
British advertising leader WPP claims to have come to the bottom of the crisis. The company that operates worldwide saw a further increase in activity in July, which…
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Barclays lowers investment advice for Shell
The British bank Barclays lowers its investment advice for oil and gas group Shell from stable to underweight. Barclays points to the relatively high rating of Shell and…
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EU crisis plan to please tech and telecom sectors, green energy projects
The EUR 750 billion crisis package of the European Union is particularly good news for lenders in the tech and telecom sectors. Furthermore, sustainable initiatives in energy and…
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WTO warns that recovery is fragile
Global trade is slowly picking up after the historic contraction in the second quarter, when World Trade was hit hard by the COVID crisis. It was announced by…
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