AuthorPeretz M.

Wall Street week started cautiously

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The stock exchanges in New York started the new trading week with small results on Monday. The leading Dow-Jones index lost ground due to a new fall in heavyweight Boeing. Investors are also awaiting the monetary meeting of the US central bank later this week and will be monitoring developments regarding trade negotiations. Shortly after the opening bell, the Dow recorded 0.2 percent lower at...

Nikkei closes almost flat

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The stock exchange in Japan closed almost flat on Thursday. A disappointing industrial figure from China curbed the stock market. A substantial price gain from heavyweight SoftBank also offered some support to the trade. The risk of a no-deal brexit also decreased after the British parliament voted against a departure from the European Union without a deal. The Nikkei index in Tokyo eventually...

Bad year for the air freight sector in sight

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The airfreight sector has got off to a bad start this year. The global demand for freight transport by air fell 1.8 percent in January compared to a year earlier. According to branch organization IATA, that is the worst result for that month of the past three years. Aviation companies faced less demand for freight transport services in Europe, Asia and the Middle East. There was growth in North...

Fewer people with credit payment problems

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Of the 10.8 million people in Netherlands who have a loan, including mortgages and many mobile subscriptions, 670,000 had a payment arrears last year. That is 20,000 fewer than in 2017. As a result, the share of people with payment arrears decreased from 6.6% to 6.2%, reports credit registration agency BKR. The increase in the number of credits is mainly due to the fact that mobile subscriptions...

Business chat service Slack to go public

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The Slack business chat service has filed an application for an IPO with the US Securities and Exchange Commission (SEC) stock market watchdog. The company did not publish further details. Reportedly, the step is supervised by, among others, investment banks Goldman Sachs and Morgan Stanley. It would not be a traditional IPO but a so-called direct listing. No new shares are issued, but the stock...

Israeli prospects to become a major gas supplier dimmed

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gas supplier

Israel has had many energy suppliers, especially since the political situation of the country has changed all the time. Now the country imports its energy mainly from Russia, Kazakhstan and Azerbaijan, but that will soon change. Israel has since 2009 discovered a number of large gas fields off its coast in the Mediterranean. By far the largest field was discovered in 2010 and is named after a...

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