Money Matters
Primark reports a stable 4 percent growth
Primark Clothing retailer is growing by 4 percent this year. This is mainly due to new stores in Europe and the United States. Turnover fell slightly in stores…
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Steel plant in Taranto will not be shut down
The ArcelorMittal steel plant in Taranto, southern Italy, will continue to run. ArcelorMittal was more likely to shut down the Ilva plant because a new law would abolish…
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Slightly more activity of European service industry reported
Business in the European services sector grew slightly faster in August than in the previous month. That emerges from definitive figures from market researcher Markit. The purchasing managers’…
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Pound has fallen below $1.20 mark
Pound fell further Tuesday against the dollar. The decline follows Prime Minister Boris Johnson’s promise to hold elections soon if he loses an important vote in parliament later…
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KLM ground staff will go to preliminary strike on Monday
KLM’s ground staff will leave work on Monday from 8:00 AM to 10:00 AM because they want a higher salary. FNV announced this on Saturday evening. The trade…
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Martell producer had a spectacular year
The French beverage and spirit producer Pernod Ricard will reward its shareholders, after the largest profit jump in seven years. The company announced that it would buy back…
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Alibaba strikes the deal with Adyen, broadens its presence on the European markets
The Adyen payment service provider is entering into a partnership with Alipay. As a result, Adyen will offer support to the Chinese web store giant Alibaba. The company…
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