Steel building

Thyssenkrupp is ready for consolidation. It’s indebted and fights for its existence

The German company Thyssenkrup announced on Monday it would seek for possibilities to consolidate its positions in two key sectors. The managements aims to...

Experts recommend to purchase 3M and Honeywell shares

New coronavirus type epidemic shifted to Europe While Covid-19 wanes in China, the situation in European countries worsens. Demand for antiviral respirators is expected to...

Audi to dismiss 9,500 employees to fund electric car push

The German premier brand from Volkswagen Group will be cutting jobs in next 5 years Almost 10 % jobs should be cut due to electric...

Google Wants to Get into Banking

The tech giant from Alphabet group intends to offer personal banking accounts in cooperation with Citibank. If Google manages the launch the project, it will...

Saudi Aramco: Giant Company Facing Uncertainty

Saudi Aramco is the most profitable company worldwide. It earned $111 million dollars last year, which is more than net profit of five biggest...

China launched one of the world’s largest 5G network

Connection to the ultra-fast mobile network is offered by three Chinese state companies: China Mobile, China Telecom and China Unicom Hong Kong The operators offer...

WTO reduces its trade growth forecast

The World Trade Organization has announced that it is reducing its trade growth forecast to just 1,2 % The organization’s previous estimate, published in April,...

A mixed day for European commission at EU general court on taxation of large...

On Tuesday 24th the European general court has handed down both defeat and victory to the European commission. Verdicts were delivered in two cases where...

Another crisis on the horizon for Argentina?

Shares of Argentinian companies and relevant indexes have fallen dramatically after last week’s primary election Mauricio Macri, the current president has been helming a radical...

Trump’s offer of U.S. tech lifeline for Huawei prompts fierce political backlash

While the end of the trade war between the United States and China has come to a halt, leading political figures in the United...

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