Money Matters
Stock markets rebound after a price crash
The European stock markets picked up somewhat on Tuesday after the boom in recent trading days. Attention continued to be focused on the trade dispute between the United…
Continue ReadingBuffet profits fall sharply while reserves are ATH
Berkshire Hathaway, the investment company of the American billionaire Warren Buffett, has seen its profit fall sharply, but at the same time the cash reserves are rising to…
Continue ReadingMore profit for IAG despite more expensive kerosene
Aviation group IAG significantly boosted its operating result in its second quarter despite higher fuel costs. The owner of British Airways, Iberia, Aer Lingus and Vueling companies continue…
Continue ReadingBP’s growth exceeded expectations
The British oil and gas group BP made more profit in the second quarter, despite strong price pressure in the sector. The group mainly benefited from higher production,…
Continue ReadingALE Heavylift sold to Mammoet
Hoisting and transport company Mammoet takes over its British counterpart ALE Heavylift. According to Het Financieele Dagblad, the new Dutch-British combination is well above the turnover limit of…
Continue ReadingVodafone to put all eggs in one basket
Telecom company Vodafone is going merge all its European branches to one company. According to the telecom group, this step ensures that more value is created for shareholders.…
Continue ReadingTotal O&G profits quarterly fall Y/Y, cheap gasoline prices to blame
The French oil and gas group Total posted a considerably lower profit in the second quarter compared to the same period last year. This was mainly the result…
Continue Reading