Business
World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.
Oil market braces for OPEC decisions as crude prices climb
28.05.2024
Oil market braces for OPEC decisions as crude prices climb
Crude oil prices have remained volatile this year due to geopolitical tensions and an uncertain outlook for global supply and…
Sweet deal as Haribo plans multi-million investment in German factory
28.05.2024
Sweet deal as Haribo plans multi-million investment in German factory
Haribo is in talks with officials in the German city of Neuss regarding the purchase of a 14-hectare site where…
Deutsche Bank shuts the door on Numis US operations after last year’s takeover
28.05.2024
Deutsche Bank shuts the door on Numis US operations after last year’s takeover
Deutsche Bank has announced it is to close down its Numis US operations, after its takeover of Numis in April…
Benetton set to remodel its brand as it looks to cut down on fashion losses
28.05.2024
Benetton set to remodel its brand as it looks to cut down on fashion losses
The United Colours of Benetton, one of the most well-known and loved brands of the 1980s and 1990s, is facing…
ABN Amro buys German bank Hauck Aufhäuser Lampe for almost €700 million
28.05.2024
ABN Amro buys German bank Hauck Aufhäuser Lampe for almost €700 million
The sale, worth €672 million, will make ABN Amro the third-largest wealth manager in Germany. «This is a rare opportunity…
Can Europe put itself on the right footing for a war economy?
28.05.2024
Can Europe put itself on the right footing for a war economy?
A war economy involves the reorientation of national economic structures to prioritise military needs over civilian consumption. This often entails…
Cartier-owner Richemont names new CEO amid luxury slowdown
18.05.2024
Cartier-owner Richemont names new CEO amid luxury slowdown
Richemont is set to redefine its CEO position and move Nicolas Bos into the role, effective from 1 June. Bos,…
Wake up and smell the coffee but where’s the best value espresso?
18.05.2024
Wake up and smell the coffee but where’s the best value espresso?
Coffee prices hardly increased in the EU in March, they inched up by 1% on average, hitting a 32-month-low inflation…
British supermarket Sainsbury’s plans to cut costs by harnessing AI
18.05.2024
British supermarket Sainsbury’s plans to cut costs by harnessing AI
British supermarket giant, Sainsbury’s could be the latest retailer to harness AI to gain better insights into customer shopping behaviours…
Chevron calls a halt to North Sea drilling as energy tax burden climbs
17.05.2024
Chevron calls a halt to North Sea drilling as energy tax burden climbs
US energy giant Chevron has become the latest oil and gas company to pull out of North Sea operations following…
