Money Matters
Saudi Aramco went positive in regard of oil demand forecast
The more positive forecast for the demand for oil from the world’s largest oil company Saudi Aramco will do the oil prices well on Monday. According to publicly…
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BP cuts the yearly dividend payment
The British oil and gas company BP suffered a major loss due to the COVID-19 crisis in the second quarter. The company therefore cut the dividend and that…
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EasyJet performs better than expected
The British budget easyJet airline is restoring faster than expected. The airline sees more demand for air travel than previously forecasted since the borders opened in Europe and…
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HSBC profits fall 65 y/y, COVID and international tensions are to blame
The British bank HSBC has seen a sharp fall in profits over the past six months. It came as the consequences of, among other things, corona crisis, lower…
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London Stock Exchange in talks to sell Borsa Italiana and MTS bond trading platform
London Stock Exchange (LSE) is looking to sell the Italian Stock Exchange Company Borsa Italiana. LSE is also considering a sale of the Italian bond trading platform MTS,…
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Shell made a profit where Total have failed
In the second quarter, Shell unexpectedly made an adjusted profit, benefiting from strong business performance and lower operational expenditure. Shell put in the books an adjusted profit based…
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Lloyds suffers losses, accumulates funds for bad loans portfolio
The Lloyds bank suffered losses in the second quarter. The Financial Group was left with money before a provision of GBP 2.4 billion went into the books of…
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