Notizie dall'azienda

Metro Bank founder quits amid fallout from accounting error

Metro Bank founder quits amid fallout from an accounting error Metro Bank shares jumped more than a quarter on Wednesday after its founder and chairman, Vernon Hill, quit following the wake of a significant accounting error that misclassified ...
07.10.2019

Saudi private sector employment growth at 18-month high

Saudi private sector employment growth at 18-month high Growth in Saudi Arabia’s non-oil private sector increased in September at the fastest rate for three months. According to a survey showed on Thursday, an increase in output and employment ...
07.10.2019

Crypto trading spikes in Hong Kong amid protests

Crypto trading spikes in Hong Kong amid protests Bitcoin, as well as other significant cryptocurrencies, traded slightly higher on Thursday in Asia. According to data, trading in digital coins spiked mostly in Hong Kong. Economists suggest ...
07.10.2019

Kroger to lay off store employees amid improvement attempts

Kroger to lay off store employees amid improvement attempts Kroger Co. (KR.N) is considering to cut jobs of several store employees holding middle management roles amidst the supermarket chain’s push to improve delivery and in-store technology. “As ...
07.10.2019

The U.S. to apply 25% tariffs on Scotch whiskey, Italian cheese, and French wine

The U.S. to apply 25% tariffs on Scotch whiskey, Italian cheese, and French wine The Trump administration had slapped 25% tariffs on French wine, Italian cheese, and single-malt Scotch whiskey exports in retaliation for EU subsidies on large ...
07.10.2019

Visa and Mastercard Inc to reconsider backing Facebook’s Libra

Visa and Mastercard Inc to reconsider backing Facebook’s Libra Visa (V.N), Mastercard Inc (MA.N), and other key financial partners may reconsider their involvement in Facebook Inc’s (FB.O) Libra. Initially, the financial backers ...
02.10.2019

Exxon’s third-quarter earnings hurt by weak oil prices

Exxon’s third-quarter earnings hurt by weak oil prices Exxon Mobil Corp’s operating profits fell last quarter for the fourth consecutive period. According to a regulatory filing on Tuesday, it showed all three businesses slumping ...
02.10.2019

Sholz claims Germany can counter an economic crisis

Sholz claims Germany can counter an economic crisis German Finance Minister Olaf Scholz said on Wednesday that Europe’s largest economy would be able to counter an economic crisis if there one. “We are all prepared because we have ...
02.10.2019

Chip stocks propel gains in Europe

Chip stocks propel gains in Europe European shares gained on Tuesday as Apple suppliers held the lead following reports of strong iPhone sales. Semiconductor makers jumped into the spotlight with AMS, Dialog, and STMicro posting gains in early ...
02.10.2019

Thomas Cook owes $381 million to Turkey’s Tourism Sector

Thomas Cook owes $381 million to Turkey’s Tourism Sector Turkey’s Tourism Advisory Council said that it estimates that the travel agency, Thomas Cook owes the local sector around €350 million ($381.8 million). They added that ...
01.10.2019

WeWork to withdraw ill-fated IPO

WeWork to withdraw ill-fated IPO WeWork’s parent company, The We Company, filed to withdraw its initial public offering a week after the SoftBank-backed startup ousted its founder Adam Neumann as its chief executive officer. The withdrawal ...
01.10.2019

Brexit could commence without a deal, Sajid Javid says

Brexit could commence without a deal, Sajid Javid says The United Kingdom would be able to leave the European Union on October 31st without a deal despite laws demanding a Brexit delay from the Prime Minister if there was no agreement. This ...
30.09.2019

Dollar holds its own as investors seek shelter

Dollar holds its own as investors seek shelter The U.S. Dollar found broad support on Monday as global political uncertainty and fears over a widening of the Sino-U.S. trade war kept investors in safe havens. The Dollar was backed ahead of ...
30.09.2019

Japanese Govt. Bonds slips as investors wager on steepening yield curve

Japanese Govt. Bonds slips as investors wager on steepening yield curve Japanese government bond prices slipped on Monday as investors wagered that the Bank of Japan could adjust its policy to steepen the yield curve next month to address the ...
30.09.2019

Turkish unemployment expected to rise 12.9% in 2019

Turkish unemployment expected to rise 12.9% in 2019 Turkey’s unemployment rate is expected to rise from last year’s 11.0% to 12.9% in 2019. However, Finance Minister Berat Albayrak said that they expect it to fall 11.8% in 2020. On ...
30.09.2019

Monzo closes premium accounts to new customers

Monzo closes premium accounts to new customers Monzo, the digital bank, has closed its fee-charging premium subscription to new customers after five months of launch and is also offering refunds to those who signed up. Following criticism by ...
26.09.2019

China’s manufacturing may contract for its fifth month straight

China’s manufacturing may contract for its fifth month straight China’s factory activity is expected to have contracted for a fifth straight month in September, further adding to the country’s economic woes as the U.S.-China ...
26.09.2019

Best Buy targets $50 Billion in Revenue by 2025

Best Buy targets $50 Billion in Revenue by 2025 Best Buy Co. Inc. announced on Wednesday that it aims to rake in revenue of $50 billion and cut about $1 billion in costs by 2025 by ramping up its healthcare technology business. The biggest ...
26.09.2019

China-made smartphone now worth $4 Billion

China-made smartphone now worth $4 Billion Chinese smartphone maker Transsion has raised nearly $400 million in an IPO on China’s new, tech-focused stock market. On Wednesday the Shenzhen-based company said in a stock market filing that ...
26.09.2019

Metro Bank shares fall after investors turn away £200m bond sale

Metro Bank shares fall after investors turn away £200m bond sale Metro Bank shares plunged more than 35%, a record low on Tuesday after wary investors refused to purchase bonds, another blow to the bank since it revealed an accounting ...
25.09.2019
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