Service sector PMIs are better than expected in UK, Germany and the euro zone
Activity in the British service sector increased substantially in March, but was slightly below forecast. This was shown on Wednesday by figures from Markit. The Purchasing Managers Index…
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Shell comes with provisional quarterly results
The harsh winter in Texas has a negative impact on the quarterly results of Royal Dutch Shell of up to $ 200 million. For the upstream branch, Shell…
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Ryanair’s passenger transfer fell 91 percent in March y/y
Ryanair carried significantly fewer passengers in March. This was shown on Tuesday by Transport figures from the Irish prize fighter. Ryanair carried 0.5 million passengers last month, a…
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BP is managing debt better than expected
BP managed to reduce the debt to $ 35 billion earlier than anticipated. This was announced by the energy company on Tuesday. The debt already amounted to USD…
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Credit Suisse is considering replacing Chief Risk Officer Lara Warner
Credit Suisse is expected to provide an update on the bank’s exposure to the collapse of Archegos Capital next week. This will also indicate the consequences of this…
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AZMOL British Petrochemical tries to capitalize on BP name, hides a pretty dark ownership scheme
AZMOL is locally-known trademark of budget oils and lubricants made at the Berdyansk plant in Ukraine. When AZMOL suddenly became AZMOL BP many heads were turned. What has…
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In IT, Innovation and Startups
Foxconn reports chip shortage, expects ten percent less output of goods
Foxconn said that during the first two months of this year it was not affected by the chip deficits, but saw the first effects in March. The company…
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