Money Matters
ArcelorMittal refinances a loan
ArcelorMittal steel company has taken out a $ 5.1 billion loan for its partnership with Nippon Steel. With this, AMNS, as the collaboration is called, finances the amount…
Continue Reading
S&P sets negative outlook for Shell oil company
Credit rating agency S&P is more negative about the outlook at gas and oil group Shell. The British-Dutch company, like the entire oil industry, is experiencing sharply declining…
Continue Reading
EasyJet is highly sceptical on the industry perspectives
EasyJet low cost airline expects that the majority of the aircraft will remain on the ground in the short term. Due to the new corona virus, the demand…
Continue Reading
Saudi Aramco yearly profits down 20.6 percent
The net profit of Saudi Aramco, the state oil company of Saudi Arabia, decreased by 20.6 percent last year. The company reports on Sunday that it is a…
Continue Reading
TESCO sells Thai and Malaysian chain stores
The British supermarket chain Tesco has sold its Thai and Malaysian activities for an amount of $ 10.6 billion (€ 9.2 billion). With that, the company has taken…
Continue Reading
Gold price has at the highest point since 2013
As a result of the new corona virus, the gold price is currently at the highest level since 2013. Investors are looking for safe havens to invest in…
Continue Reading
ExxonMobil will not participate in ‘beauty contest’, focusing on solving real world problems
The American oil and gas giant ExxonMobil does not venture to set its own climate targets to reduce CO2 emissions, as many of its competitors do. According to…
Continue Reading