Business

The global oil market is handling the production increases by the Organization of the Oil Exporting Countries (OPEC) and its allies like Russia, as demand for oil picks up due to the economic recovery from the corona crisis. That…
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In Frankfurt, where investors returned after a long Whitsun weekend, the stock market reached a new record level. The vote was bolstered by a significant takeover deal in the German real estate sector. The other European stock…
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The strict rules that Apple applies for the App Store are necessary because of the risk profile of a mobile phone and all personal information that such a device contains. Apple CEO Tim Cook said this on Friday on the last day of the…
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Oil and gas company Shell wants to start looking for oil off the coast of Suriname next year. This was announced by the Surinamese state company Staatsolie Annand Jagesar on Tuesday during a press conference in Paramaribo. Shell's…
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Apple is being sued in Great Britain because the tech company would have overcharged consumers for purchased apps. The plaintiffs, led by a professor from King's College in London, argue that the 30 percent commission that app…
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Aviation company IAG, the parent company of British Airways and Iberia, among others, closed the first quarter of the year with an operational deficit of more than 1 billion pounds. Just like its peers, IAG is struggling with the…
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Online store Zalando is one of the companies that is clearly benefiting from the corona crisis and the popularity of online shopping. The originally German online clothing store adjusted its expectations for this year upwards after…
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Video streaming service Netflix fell sharply on the stock exchanges in New York on Wednesday due to severely disappointing growth in the number of new subscribers in the first quarter. The Netflix share plummeted 6.5 percent. The…
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Polestar, the electric subsidiary brand of Swedish automaker Volvo, has raised money from outside investors for the first time. It concerns an amount of 550 million dollars. This was obtained with the private placement of newly…
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The Chinese government has instructed the primary payment service provider Ant Group to become a financial holding company (holding company). As a result, Ant Group is more regulated like a bank, with much stricter government…
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