British Prime Minister Boris Johnson surprised friends and foes on Wednesday by suspending the British parliament for over a month, leaving hardly any time to debate about Brexit. Can…
Monthly Archives
August 2019
Strong optimism at European exchanges as US-China trade talks confirmed
30th August 2019 David Stevenson
The European stock markets showed strong gains on Thursday. Reports that China and the United States are in consultation to resume trade talks in September created investor optimism. In…
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UK and EU to meet several times in September for new Brexit discussions
30th August 2019 Matthew Patridge
Brexit negotiators from the EU and the UK will meet twice a week in September to take steps towards a new deal, said British Prime Minister Boris Johnson on…
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The French beverage and spirit producer Pernod Ricard will reward its shareholders, after the largest profit jump in seven years. The company announced that it would buy back its…
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The British travel and airline company Thomas Cook has reached an agreement on new capital injections to save the company from bankruptcy. The Chinese conglomerate Fosun and a group…
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In IT, Innovation and Startups
TeamViewer to be listed at Frankfurt Exchange
28th August 2019 Chris Kimble
The German software company TeamViewer is planning to go to the Frankfurt trade fair this year. The British owner Permira wants to start selling TeamViewer shares. Reportedly, Permira is…
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Alibaba strikes the deal with Adyen, broadens its presence on the European markets
28th August 2019 David Stevenson
The Adyen payment service provider is entering into a partnership with Alipay. As a result, Adyen will offer support to the Chinese web store giant Alibaba. The company takes…
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In IT, Innovation and Startups
European Union to create 100B fund to finance foreign tech giants competitors
28th August 2019 Matthew Patridge
The five-year program of the new president of the European Commission, Ursula von der Leyen, could contain a 100 billion euro sovereign fund to promote the industrial “champions” of…
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American tobacco market is on the verge of a great merge
27th August 2019 Matthew Weller
The American tobacco companies Altria Group and Philip Morris International are discussing a merger. Altria sells Marlboro cigarettes in the United States, among others, while Philip Morris sells the…
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Asian Stocks recovered on some optimistic forecasts
27th August 2019 Matthew Weller
The Japanese stock market shows some recovery on Tuesday after the substantial loss the day before. Investors raised the hope that China and the United States might resume trade…