CategoryCorporate

ConocoPhillips has sold its share in Australian factory

C

Oil and gas company ConocoPhillips has sold its share in a gas factory in Darwin, Australia. Collaboration partner Santos takes over that interest and the interests of the Americans in some North Australian gas fields for 1.4 billion dollars. ConocoPhillips has for a long time been focusing more on its American production of shale oil and gas. The company does retain an interest in another...

Intertoys to go more traditional way

I

Intertoys abandons many innovative plans that the previous owner Green Swan had in store for the toy stores. Now that the chain is back at the Blokker group, it is all about one thing and that is selling “fun and cool” toys. “We are not an amusement park”, says the new director Eddy Assies in conversation with the ANP. Intertoys has had a difficult period. After a...

Bill McDermott resigns from SAP

B

Bill McDermott resigns from software giant SAP. He has been at the helm of the German company for more than nine years. The 58-year-old director will continue to advise the company until the end of the year. SAP immediately appointed Jennifer Morgan and Christian Klein as the highest bosses. Morgan has been working at SAP since 2004 and in 2017 became the first American woman on the group’s...

Fidelity Investment no longer charge commission for entering the stock market

F

The American securities trader Fidelity Investments has canceled its commissions for a large number of services in the United States. With that step, the major player follows the example of a number of other parties in the struggle for the investor’s favor. Fidelity no longer charges a commission for investing in stock market trackers and buying and selling US shares and options. The...

TSMC sees monthly sales continue to rise

T

Chip manufacturer Taiwan Semiconductor Manufacturing Company (TSMC) saw its turnover rise by 7.6 percent in the last month. The total revenue in the third quarter thus came out according to calculations by the Bloomberg news agency at 293 billion Taiwanese dollars, higher than what analysts expected on average. TSMC is one of the world’s largest producers of smartphone chips for companies...

Nikkei closed 0.6 percent lower

N

The stock market in Japan ended on a loss on Wednesday. The hope for a breakthrough in the trade dispute between the United States and China has declined due to increasing tensions between the two superpowers. Trade negotiations between the two countries will resume in Washington on Thursday. The Nikkei in Tokyo closed 0.6 percent lower at 21,456.38 points. Companies that are sensitive to the...

Takeaway is a leader in AEX

T

The Amsterdam stock exchange is slightly lower on Wednesday. The other European stock markets also started with small losses. Investors remained cautious due to the declining hope for a breakthrough in trade talks between the United States and China, which will resume on Thursday. Takeaway was popular on the Damrak after a trade report. The AEX index on Beursplein 5 recorded 0.1 percent in the...

AMG partners with Shell to improve catalyst recycling

A

AMG enters into a partnership with Shell division Catalysts & Technologies, to offer sustainable solutions in the field of catalyst recovery and recycling. That contributes positively to investor sentiment around the AMG share, experts at ING judge. According to the analysts, the partnership offers growth opportunities for AMG outside of North America. They also conclude that the recycling...

Wirecard has raised its expectations for the longer term

W

Fintech company Wirecard has raised its expectations for the longer term. The German payment processor is expecting a turnover of around 12 billion euros by 2025. Previously the company assumed at least 10 billion euros in revenue that year. Wirecard revealed the prognosis during his investor day in New York. The operating result should amount to 3.8 billion euros in 2025, compared to 3.3 billion...

New CEO for Bang & Olufsen

N

The Danish seller of luxury TVs and sound equipment Bang & Olufsen has appointed a new top man. Kristian Tear immediately takes over from Henrik Clausen. Tear has to pull out the ailing company after a series of profit warnings. Bang & Olufsen is struggling with increased competition and a weaker demand for its televisions and audio speakers. Tear was previously a director at hardware...

Recent Posts

Categories