ECB buyback meets resistance
In contrast to what President Mario Draghi of the European Central Bank (ECB) said, there was a lot of resistance to resuming the buy-back program. Several countries did…
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Kuaishou to try an IPO in USA
The Chinese start-up Kuaishou is considering an IPO in the United States. The company has an app on which short videos can be placed and wants to grow…
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Rovio, a Colossus born of a silly game, lowers profit forecast
The Finnish company Rovio Entertainment, the maker of the ten-year-old mobile game Angry Birds, has lowered its expectations for the whole year. This is partly due to the…
Continue ReadingTokio exchange climbs on Apple demand and bond yields
The stock exchange in Japan closed again with a profit on Wednesday. The Japanese banks continued to benefit from the rising yields on the bond markets. Apple’s Japanese…
Continue ReadingDelivery Hero sells Takeaway shares
Meal delivery company Delivery Hero is going to sell 3 million Takeaway shares. It becomes apparent from a document submitted by the German company to the British stock…
Continue ReadingThe Insulin Fraud unfolds in Moldova, Ukrainian Farmak Company has been involved
The pharmaceutical scandal in Moldova associated with procurement of the insulin product in neighbouring Ukraine continues. In July 2019, the National Anti-corruption Centre in Moldova instituted criminal proceedings…
Continue ReadingTSMC profits propelled by high demand
Taiwan Semiconductor Manufacturing Company (TSMC) chip manufacturer increased its turnover by a quarter in August compared to a month earlier, to more than 106 billion Taiwanese dollars, equivalent…
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