Money Matters
Thomas Cook confirms talks with the Chinese
Thomas Cook is in conversation with the Chinese conglomerate Fosun International about the acquisition of parts of the travel organization. The British company confirmed that talks are in…
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European 5G network will be 55 billion euros more expensive without Huawei
The construction of the 5G network in Europe will cost an estimated 55 billion euros more if Huawei equipment will be banned, reports Reuters on the basis of…
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Shell and BP consultation on gas project failed
The talks between Shell and BP about the acquisition of the British interest in a joint gas project in the North Sea have failed. Initiates reported this to…
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Oil below $60 again
Oil prices fell sharply on Wednesday, following new figures on US oil stocks. For a barrel of Brent, the benchmark for oil from Europe, Africa and the Middle…
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HSBC is considering scrapping hundreds of jobs
HSBC bank is considering cutting down at least five hundred jobs from its investment banking activities. Insiders reported this to the Bloomberg news agency. The intervention must result…
Continue ReadingExxon and Chevron climate proposals rejected
Shareholders of major US oil and gas companies ExxonMobil and Chevron have rejected proposals to do more against climate change. The proposals were rejected by a large majority…
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Nasdaq withdrawal is good for Euronext
It is good news for Euronext shareholders that Nasdaq competitor has stopped fight for the takeover of Oslo Børs. That is the conclusion of an ING analyst. Euronext…
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