Thomas Cook needs even more money to stay afloat
Thomas Cook travel agency needs more money. The company wants to raise another £ 150 million in addition to the earlier announcement of £ 750 million in funding…
Continue ReadingCathay Pacific hit hard by Hong Kong protests
Airline company Cathay Pacific has been hit hard by new demonstrations at Hong Kong airport Chek Lap Kok. Almost all flights to and from the airport were canceled…
Continue ReadingBlackRock bought a majority of Authentic Brands Group
The American asset manager BlackRock takes an interest in the company behind Sports Illustrated, the sports magazine that is best known for its bikini edition and the election…
Continue ReadingHeerema wins a lucrative Taiwan contract
The Dutch maritime service provider Heerema has won a job for the construction of offshore wind farms off the coast of Taiwan. The company transports and installs, among…
Continue ReadingChinese producer prices fell further than expected
The prices charged by Chinese producers for their products fell by 0.3 percent in July compared to a year earlier. This became apparent on Friday from data from…
Continue ReadingDemand for oil is weak and it spells nothing good for the World economy
The global demand for oil will be lower than previously expected this year and next. The International Energy Agency (IEA) points out the escalation of the trade war…
Continue ReadingTrump will squeeze every opportunity in trade talks with Britain – Larry Summers
The United Kingdom will have great difficulty in concluding a trade agreement with the US. That’s what Larry Summers thinks, the renowned economist who was finance minister under…
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