Imperial Brands lowered forecast, shares lost 8 percent
The British tobacco manufacturer Imperial Brands has lowered its profit forecast for this year. The company does that because the sales of vaping items are increasing less rapidly…
Continue Reading
Pearson is cautious on profit forecast
The British publishing group Pearson has become more cautious about the profit forecast this year. The group is struggling with weaker performance in the United States than was…
Continue Reading
S&P acknowledges the mistake in assigning the lower rating of BTA Bank
BTA Bank and Novacom corporation of Kazakhstan had received lower ratings due to error in methodology, S&P acknowledged in a press release. S&P has revised the national credit…
Continue Reading
Thomas Cook had reserves for one month more
The iconic travel and aviation Thomas Cook company had enough money in the cash at the time of the bankruptcy to last until the beginning of October. Peter…
Continue Reading
Asian stock exchanges closed higher
In Japan, where investors returned after a long weekend, the stock market closed slightly higher on Tuesday. Investors adhered to the statements of US Finance Minister Steven Mnuchin…
Continue Reading
Asian markets unsatisfied with trade talks perspectives
The Chinese stock markets went down on Monday. Investors mainly kept an eye on developments regarding the trade dispute between the United States and China. The Chinese trade…
Continue Reading
Fear not, fellow Thomas Cook traveller
Britons who travel with the financially troubled tour operator Thomas Cook need not fear that they will end up in vacation countries should the company fall over unexpectedly.…
Continue Reading