Philips attempt to sell an overpriced batch of ventilators failed miserably
A serious setback for Philips: the technology group has lost an American order for the supply of 30 000 respirators halfway through the journey. The commission issued by…
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TUI flight 6215 quarantined due to seven cases of COVID infections
All passengers who flew to Cardiff on TUI Airways flight 6215 from Zakynthos on Tuesday were informed by the British authorities that they must be quarantined. It turns…
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Indian economy in an unprecedented downturn
India’s economy showed a historic decline of 23.9 percent in the second quarter compared to a year earlier. The Indian economy, one of the largest in Asia, was…
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Will Brexit revive the British horticulture?
For the British ornamental horticulture sector, the Brexit can have major implications. There is a real chance that ornamental products from the EU will become more expensive as…
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Rolls-Royce loss climbed to £5.4 billion, company to offload some assets
Rolls-Royce, a manufacturer of aircraft engines, has suffered a billion-dollar loss as a result of the corona crisis. Due to the virus outbreak, airlines cancelled their orders for…
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Barclays lowers investment advice for Shell
The British bank Barclays lowers its investment advice for oil and gas group Shell from stable to underweight. Barclays points to the relatively high rating of Shell and…
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In IT, Innovation and Startups
Ant Group submitted IPO application in Hong Kong and Shanghai
Ant Group, the financial service provider of the Chinese internet transit Alibaba, submitted an application for an IPO in Hong Kong and Shanghai. This would be aimed at…
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