Money Matters
The Worst Economic Crash in 300 Years? But why?
The Bank of England has predicted that the current economic crisis will be the cruellest in the last three hundred years. That says more about us, as a…
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European stock exchanges gone red
European stock exchanges returned previous gains on Monday and slumped into the red. Investors continued to focus on further easing corona measures. As of Monday, many European countries…
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ArcellorMittal downgraded to junk
Moody’s has downgraded the credit rating for steel giant ArcelorMittal, which is listed in Amsterdam. The group now has so-called junk status now, with a stable outlook. According…
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Biggest telecom merger in Britain in progress
Cable and telecom giants Liberty Global and Telefónica are merging their UK operations into the UK’s largest telephone and internet company. The merger of Virgin Media and 02…
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Berkshire Hathaway sold all his airline shares, lost $50B in three months
Berkshire Hathaway, the investment fund of American investor Warren Buffett, has sold its shares in the four largest airlines in the US. Buffett announced this at the company’s…
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British American Tobacco benefited from quarantine
British American Tobacco (BAT) finds it difficult to estimate the impact of the corona crisis. For the time being, the company is sticking to the previously issued forecast…
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Carlsberg’s Q1 report shows strong decline in beer consumption
Danish beer brewer Carlsberg has experienced declining sales volumes for the first time in two years. Especially in China, where measures to prevent the spread of the virus…
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