Moody’s lowered Saudi Arabia outlook
Credit rating agency Moody’s gets gloomier about the prospects for Saudi Arabia. The credit rating agency fears that plummeted oil prices will lead to a significantly higher government…
Continue Reading
FTSE 100 falls 2.2 percent in minutes after trading start
The British stock exchange was clearly lower on Friday. Concerns about the effects of the corona pandemic on the global economy and operating results weighed on sentiment. Trading…
Continue Reading
Daniyar Abulgazin and his role in establishing Ingma Holding as a kickback tunnel
Daniyar Abulgazin, a ‘perfect lieutenant’, according to the Public Eye, of Timur Kulibayev, began his career as a Felix Derzhinsky Higher School of the KGB of the U.S.S.R.…
Continue Reading
The blame game could be more disastrous than COVID-19 and oil crisis combined
It is in the air, just like the infamous virus: if the COVID-19 manifested itself in China maybe the country may be held responsible for the collaterals? This…
Continue Reading
Carlsberg’s Q1 report shows strong decline in beer consumption
Danish beer brewer Carlsberg has experienced declining sales volumes for the first time in two years. Especially in China, where measures to prevent the spread of the virus…
Continue Reading
AstraZeneca turnover boosted by COVID panic
AstraZeneca saw its profit and turnover thicken in the first quarter. The pharmaceutical company, as well as industry peers, benefited from building up customer stocks amid the corona…
Continue Reading
Barclays and Standard Chartered reserved billions to mitigate the risk of NPL
British banks Barclays and Standard Chartered set aside funds to cover the risk of non-repayable loans. This was evident from the quarterly figures of the financial institutions. At…
Continue Reading