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…
At the Tesla plant in Germany, the Model Y will be redesigned for Europeans. The redesign was announced by the company’s founder Elon Musk during a visit to the only European plant, Bloomberg reports. He clarified that the Model Y,…
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 Chinese yuan may become the third global reserve currency after the dollar and Euro in the next ten years. This is the conclusion reached by analysts at Morgan Stanley, writes CNBC. The growth of investment in the Chinese economy…
Ten of the richest American businessmen in the IT industry lost $ 44 billion due to the fall of stock exchanges, writes Bloomberg. Europe is looking for a way out of the worst crisis in recent history. The price of…