Alison Rose to manage Royal Bank of Scotland
Royal Bank of Scotland gets Alison Rose as the new manager. It is the first time that a woman has taken the helm at a large British bank.…
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OECD lowered the world economy forecast
The growth of the world economy this year is at the lowest level since the financial crisis. The Organization for Economic Cooperation and Development (OECD) lowered its growth…
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Trade tensions projected to affect Diageo profit outlook
The British beverage company Diageo, known from Johnnie Walker, Captain Morgan, Guinness and Smirnoff, warns that rising trade tensions may undermine the company’s positive outlook. Diageo announced this…
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Retail sales fell 0.2 percent
Retail sales fell by 0.2 percent on a monthly basis in August, the British National Statistical Office reports. In July, UK store sales went up by a revised…
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Lloyd’s made a huge leap in 2019 H1
Lloyd’s of London made considerably more profit in the first half of the year than in the same period last year. The more than 300-year-old insurance marketplace cut…
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USA: satellite images show that Iran was involved in an oil attack
The US security forces have satellite images and other intelligence that would show that Iran was involved in the attack with drones and possibly cruise missiles on oil…
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Elevator division seems to be the hot topic for investors
Advent, Cinven and the state fund Abu Dhabi Investment Authority are working together on a bid for the elevator branch of industry giant ThyssenKrupp. Financial Times reported based…
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