Shell made a profit where Total have failed
In the second quarter, Shell unexpectedly made an adjusted profit, benefiting from strong business performance and lower operational expenditure. Shell put in the books an adjusted profit based…
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Lloyds suffers losses, accumulates funds for bad loans portfolio
The Lloyds bank suffered losses in the second quarter. The Financial Group was left with money before a provision of GBP 2.4 billion went into the books of…
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In IT, Innovation and Startups
Recorded Future uncovers Chinese hackers operation targeted Vatican
Chinese hackers have penetrated the Vatican’s computer network for three months, US internet security company Recorded Future reports. It’s probably the first time hackers linked to the Chinese…
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In IT, Innovation and Startups
A mobile app created by Ukrainian developers hit AppStore and GooglePlay TOP charts
In six months, Doublicat, an app for replacing faces on GIFs created by the Ukrainian startup RefaceAI, has been downloaded more than 5 million times, says the company’s…
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Barclays expects a wave of bad loans mounting
Barclays, like other banks, continues to replenish its emergency fund. The financial group expects that more loans will not be repaid as the economic impact of the corona…
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IMF provides emergency funding for South African Republic
The International Monetary Fund (IMF) provides USD 4.3 billion of emergency loans to South Africa to help the country combat the corona crisis. It is the IMF’s biggest…
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The second wave may ruin the airlines, Ryanair suggests
A second wave of the coronavirus could delay the recovery for airlines into next year. That’s what Ryanair says, who’s expecting a loss all summer anyway. However, the…
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