Money Matters
Trade Union is preparing a legal battle against Tata
Trade union FNV is preparing for legal action against Tata Steel. Measures taken by the steel company for the merger of its European activities with the European steel…
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Exact timing remains the main point of disagreement on the way of German banks merger
Deutsche Bank and Commerzbank disagree about the time at which they can talk to shareholders about their merger talks. The Bloomberg news agency reports this based on insiders.…
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Shell pulls out of Russian LNG project
Shell has pulled out of a Russian liquefied natural gas (LNG) project near the city of St Petersburg, partly due to the sudden addition of a new partner…
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Standard Chartered settled the case of Iran transfers
The Standard Chartered bank has reached a settlement with US and UK authorities for violating trade sanctions. The bank pays a fine of 947 million dollars in the…
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Stocks higher on US jobs report
The European stock exchanges showed small pluses on Friday afternoon. Investors processed the important US job report that turned out better than expected. In addition, the focus remained…
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German car makers cheated with emission technology
The European Commission is bombarding BMW, Daimler and Volkswagen. The German automakers have been guilty of making mutual agreements about emissions technology, concludes Brussels after research. BMW, Daimler…
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Air travel approaching peak levels
The global demand for air travel increased less sharply in February than in January. This is reported by UN-based IATA association. The growth in passenger transport amounted to…
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