Glencore’s profit hit by lower prices
Mining company and raw material trader Glencore closed the first half of 2019 with a considerably lower profit. Price decreases of copper and cobalt, among other things, and…
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In IT, Innovation and Startups
Softbank benefits from the Slack chat service
SoftBank telecom and investor company made a lower profit in the past quarter, but still achieved a much higher result than experts expected. The Japanese concern did good…
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Laser drama at Hong Kong: police station besieged after arrest
Hundreds of people have besieged a police station in Hong Kong. Police fired tear gas in the Sham Shui Po district to disperse the crowd, reports the local…
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In IT, Innovation and Startups
Amazon CEO Jeff Bezos sells $ 2.8 billion in shares
Jeff Bezos from Amazon has sold $ 2.8 billion worth of shares of his company last week. This is the total amount after he sold $ 990 million…
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Eurozone PMI is steady, but some negative effects are mounting
Activity in the services sector in the eurozone fell slightly in July. That emerges from definitive figures from market researcher Markit. The purchasing managers’ index, which reflects the…
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Buffet profits fall sharply while reserves are ATH
Berkshire Hathaway, the investment company of the American billionaire Warren Buffett, has seen its profit fall sharply, but at the same time the cash reserves are rising to…
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China resorts to countermeasures, however specifics are unknown
China takes counter-measures if the United States introduce import taxes on 300 billion dollars worth of Chinese products. The Chinese Ministry of Foreign Affairs reported this on Friday…
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