Money Matters
Credit Suisse is going to invest heavily
Credit Suisse is going to invest heavily in digitization and new staff at its Swiss branch Swiss Universal Bank. According to a statement from the group, the investment…
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Small gains at the Nikkei exchange
The Japanese stock exchange ended on Friday with a small profit. Investors took it easy and looked forward to the speech that President Jerome Powell of the Federal…
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Shell buys ERM Power, the Australian power broker
Oil and gas group Shell has made an offer for the Australian electricity salesman ERM Power. The deal has a value of more than 377 million euros. Shell…
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BHP shows highest profit in five years
Mining giant BHP achieved the highest profit in five years in its broken financial year. The Australian group mainly benefited from an increase in iron ore prices. Shareholders…
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Turkish retirement fund is interested in British Steel
The Turkish military pension fund Oyak is in exclusive talks to take over the bankrupt steel maker British Steel. The fund, which has more than 19 billion dollars…
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Inflation rose 2.1 percent in July
Inflation in Great Britain rose to 2.1 percent in July, from 2 percent a month earlier. The British National Statistical Office reported this. Economists generally expected an inflation…
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Reliance Industries fell in the hands of Saudi Aramco
Saudi Arabian state oil company Saudi Aramco has purchased the refining and petrochemical branch of Reliance Industries in India. The Saudis take a 20 percent stake in that…
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