Friday brings peace to EUR/USD rate
The euro was stable against the dollar on Friday and is expected to remain so for the next few days. The American producer prices on Thursday did not…
Continue ReadingRapid spread of vaccine-proof Delta strain makes oil look bleak
The rapid spread of the coronavirus Delta variant and its impact on the global economy is leading to lower oil consumption this year than previously estimated. This was…
Continue ReadingQ2 GDP continues the growth, but hasn’t yet reached pre-virus era
The UK economy continued to grow in the second quarter of this year. This was shown on Thursday by an initial estimate by the Office for National Statistics.…
Continue ReadingPound growth potential not yet fully developed
The pound sterling is at its highest point this year against the euro. What’s going on in the background? This morning, data from Barclaycard, a major British credit…
Continue ReadingHunter Douglas profits rose in H1 2021, ownership structure ideas are around
Hunter Douglas saw results rise sharply in the first half of 2021, with the second quarter even better than the first three months, compared to the same period…
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Alibaba investigates a possible sexual harassment case
Chinese web store giant Alibaba has suspended a number of employees following allegations by a female employee against her supervisor. He allegedly assaulted her in her hotel room…
Continue ReadingIn IT, Innovation and Startups
Xiaomi suddenly becomes the number one selling smartphone brand
According to research firm Counterpoint, Xiaomi has for the first time secured the leading position in the global smartphone market. The company would have delivered more phones worldwide…
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