Commerzbank: no firm acquisition offers from ING
Commerzbank has not received a concrete offer from ING to start discussions about a possible takeover of the German bank. That is what Commerzbank CEO Martin Zielke said…
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Providers are banning Huawei
British telecom providers Vodafone and EE are currently not offering any Huawei telephones for their new 5G networks. They do so because the Chinese tech company may no…
Continue ReadingStagnating OECD economy nicknamed as “stronger growth”
Economic growth in the area of the Organization for Economic Cooperation and Development (OECD) increased in the first quarter to 0.6 percent on a quarterly basis, from 0.3…
Continue ReadingAnbang receives offers for luxury hotel chain in US
The Chinese investor Anbang has received several bids on its portfolio of American luxury hotels. A total of seventeen investors went through to the last bidding round, Financial…
Continue ReadingBritish pound recovered after political-motivated drop
The British pound showed a clear recovery on Tuesday afternoon during British Prime Minister May’s speech on the progress of her Brexit deal, but the recovery was short-lived.…
Continue ReadingGreen shots sighted at US stock exchange
The stock exchanges in New York started the new session on Tuesday with gains, after the substantial losses a day earlier. The developments surrounding the Chinese telecom giant…
Continue ReadingThomas Cook investors got their moments of fear
The Thomas Cook travel company has fallen considerably at the London Stock Exchange. This happened because analysts have openly expressed their doubts about the financial health of the…
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