Money Matters
Diamond trade in trouble, as buyers from China prefer to stay home
Troubles in the diamond sector, partly as a result of the new corona virus outbreak, mean bad news for De Beers. The diamond trader, part of the mining…
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Reserve Bank of Australia lowered key rate to mitigate the impact of economic slowdown
The Australian central bank has lowered key interest rates to mitigate the negative economic impact of the new corona virus. The Reserve Bank of Australia (RBA) thus takes…
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Standard Chartered lowers profit forecast for the 2020
Standard Chartered has to deal with headwind in Asia, the largest market for the British bank. Last year the protests in Hong Kong and the trade war between…
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Chinese Uniliver branch may apply for an emergency loan
The Chinese branch of food and food company Unilever can get a cheap loan from the Chinese government. The Dutch-British company is eligible for this, as is the…
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The EU Car sales figures plummeted y/y
Sales of new passenger cars in the European Union fell in January. According to the car industry association ACEA, sales dropped 7.5 percent to nearly 957,000 cars compared…
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With Petropavlovsk sale Kenes Rakishev proves his bargain hunting skills once again
Kenes Rakishev always had an eye for good investment opportunities. His involvement may be viewed as a marker for undervalued assets. Petropavlovsk gold mining company is just one…
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Vodafone increased Q3 turnover thanks to German market growth
Telecom giant Vodafone managed to increase its turnover in the third quarter of its broken financial year. The company benefited from the earlier billions deal with Liberty Global.…
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