Benoît Cœuré to head Innovation Hub in the Bank for International Settlements
Benoît Cœuré board member of the European Central Bank (ECB) will fulfil a position at the Bank for International Settlements (BIS). He will be the head of the…
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Aramco’s IPO set to December 4
Interested parties can register from 17 November for the purchase of shares of the Saudi state oil company Saudi Aramco. That registration runs up to and including Wednesday…
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Chinese exports fell less then expected
China’s exports fell less sharply in October than economists had expected. In addition, the decline in imports was less marked than feared, according to figures from the Chinese…
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Moody’s set outlook to negative for ArcelorMittal group
Moody’s Credit rating agency lowers the prospects of the creditworthiness of ArcelorMittal steel group from stable to negative. The agency points out the sharp drop in profitability of…
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IAGroup gone pessimistic on growth outlook
Airline company IAG, the parent company of British Airways, Iberia and Vueling, among others, has become more gloomy about its growth prospects. The group expects its capacity growth…
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Rolls-Royce reserves another 1.4 billion to fix the troubled Trent
Rolls-Royce, the British manufacturer of aircraft engines is setting aside another 1.4 billion pounds this year due to problems with its Trent 1000 engines. This provision is at…
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The Aston Martin will not sell expected 6300 vehicles this year
The Aston Martin luxury car maker warned in its quarterly update that the demand for cars remains weak. This is especially the case in Europe and the United…
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