German businessmen assessed the consequences of refusing to continue construction of the Russian gas pipeline “Nord stream-2”. Their words are reported by Tagesschau. According to estimates of the head of the German gas Association Zukunft Erdgas Timm Koehler, the amount…
Denmark’s largest Bank, Danske Bank, will pay customers for their deceived trust after their investments in investment products and strategies, positioned as low-risk, turned into losses, writes Bloomberg. Bente Nielsen, head of the private client service Department, said that about…
Russia has significantly increased its foreign exchange reserves during the crisis caused by the coronavirus pandemic. They make the country invulnerable to Western sanctions, writes the German newspaper Die Welt. The Russian budget is filled with money, and the volume…
The most expensive company in the world in terms of market capitalization has again become Saudi Aramco, according to trading data on the Saudi Tadawul exchange and the new York stock exchange (NYSE). During the September 4 trading session, Apple’s…
Asian rich people have started hoarding cash to make deals when the coronavirus pandemic goes down. This is reported by Bloomberg. According to the head of DBS Group Holdings, Joseph POON, in recent months, customers have increased their money supply…
Chinese banks, including the world’s largest credit institution Industrial & Commercial Bank of China (ICBC), are facing a shortage of money and are going to borrow a record amount. Banks plan to issue $ 29 billion in bonds in September…