Money Matters
ReAssure worth £ 3.3 billion on the stock market
The Swiss reinsurer Swiss Re is bringing its British division ReAssure Group for a price of 280 to 330 pence per share on the stock exchange in London.…
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Investments funds underperform, while ETFs are on the rise
Troubles come to managers of traditional investment funds: their costs increase with rapidly declining profits and push their performance in the red. These traditional fund managers compete with…
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Global steel production continues to rise
Worldwide steel production increased by 5.4 percent on an annual basis in May to 162.7 million tons. The World Steel Association announced this. China accounted for more than…
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Allianz sells share in Allianz Popular
The Allianz Popular partnership between the German insurer Allianz and the Spanish bank Banco Santander is coming to an end. Allianz announced that it would transfer its 60…
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Oil prices up on Iran tensions and Fed policy
Oil prices went up on Thursday, following the shooting of an American drone by Iran and the possibility of an interest rate cut by the Federal Reserve. The…
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Gold price at highest level in 5 years
The gold price has risen to the highest level in more than five years, after the US Federal Reserve has indicated its willingness to lower interest rates. For…
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AMG EBITDA affected by Vanadium prices fall
AMG has written down its inventories by 40 million dollars in the second quarter. The metal specialist did that because of the falling prices of many of the…
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