Tata Steel is in the process of major management shuffle
The top of steel producer Tata Steel Europe is being redesigned. Tata Steel Europe CEO Hans Fischer will retire at the end of this week. NK Misra, financial…
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ReAssure worth £ 3.3 billion on the stock market
The Swiss reinsurer Swiss Re is bringing its British division ReAssure Group for a price of 280 to 330 pence per share on the stock exchange in London.…
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BAM getting started with Leeds flood protection
BAM construction company has received a second contract from the British municipality of Leeds for a flood protection project. The British branch BAM Nuttall, in cooperation with with…
Continue ReadingCommerzbank request a pause before further talks
The German Commerzbank is not yet ready for discussions with the Italian counterpart UniCredit about a merger of the two large banks. The insiders reported this to Reuters…
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Global steel production continues to rise
Worldwide steel production increased by 5.4 percent on an annual basis in May to 162.7 million tons. The World Steel Association announced this. China accounted for more than…
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Allianz sells share in Allianz Popular
The Allianz Popular partnership between the German insurer Allianz and the Spanish bank Banco Santander is coming to an end. Allianz announced that it would transfer its 60…
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EU congratulates Istanbul, sees strong signal for democracy in the mayor election outcome
The European Union congratulated the people of Istanbul on “the strong signal for democracy” that they gave in yesterday’s mayoral elections. The opposition candidate, Ekrem Imamoglu, defeated the…
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