ING annual profit halved to 2.5 billion
Due to the pandemic-related crisis, intentional ING bank made lost half of its profits in 2020. Net profits amounted to almost EUR 2.5 billion, which is 48% less…
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ArcelorMittal sees the growth returning
ArcelorMittal, the world’s largest steel producer, expects global demand for steel to pick up again this year, as the economy is recovering from the pandemic. This is reported…
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In IT, Innovation and Startups
Shell and Eneco will supply European Amazon with green energy
Shell and Eneco are going to deliver wind power to the American Web Store Amazon. The energy will come from the wind farm CrossWind which is being built…
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In IT, Innovation and Startups
EC and CMA to start investigation in ARM acquisition
The European Commission and the British market watchdog CMA will investigate further the acquisition of chip designer ARM by chipmaker NVidia. Other chip companies have questioned the takeover…
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Moonpig has seen a 20 percent share price surge in a day, but it isn’t Reddit traders to thank for
The British parent company of the Dutch Greetz.nl, an online platform to make and send greeting cards and surprises, raised GBP 491 million (EUR 557 million) at London…
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Chevron and ExxonMobil reportedly held talks about a merger
The CEOs of the American oil and gas companies Chevron and ExxonMobil reportedly held talks about a merger last year. After the pandemic decimated the demand for oil…
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Ryanair expects a loss of €950 million this financial year
Irish Ryanair airline suffered a loss of EUR 321 million in the last quarter of last year. In addition to a loss of EUR 306 million, a direct…
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