Adidas has sold 85 percent less goods compared to last year in the period since Chinese New Year. It was announced by the company on last Wednesday. Sales have been fallen as a result of the NCOV-19 outbreak. German company sold less because many stores were closed due to the virus outbreak.
KLM made much more profit last year than its sister company Air France. Where the French ended 2019 with an operational result of 280 million euros, this was 853 million euros at KLM. The profit margins declined for both Air France and KLM.
Kenes Rakishev’s mainstream business is built around the Central Asian metallurgical giant Sat&Company. His efforts to reclaim scattered assets of the BTA bank around the world are also part of his growth strategy. Kenes Rakishev is also a well-known venture investor. He invested in Fastline Ventures, Telegram’s ICO, blockchain-based Finney smartphone project and Net Element, an American...
Qatar Airways increases its interest share in the British aviation group IAG, the parent company of British Airways and Iberia, among others. The interest goes from 21.4 to 25.1 percent. According to Qatar Airways, the investment has been very successful so far and the company’s strategy is supported.
The development of a new, crucial information system at Defense has reached a dead end. The “weapon of the future” is in danger of becoming a fiasco – also for taxpayers. Technology company IBM has threatened to recover hundreds of millions of euros in costs incurred from the ministry.
Almost 10 percent of the people on the ship are now infected with the virus. 73 of the infected persons show no symptoms according to the Japanese Health Minister Katsunobu Kato.
The major Chinese investment fund Fosun steps down from the competition for one of the few gold mining companies available for sale. It has been reported that Fosun no longer pursuits the acquisition of Russian GV Gold mining company. RBK, a reputable source in business information, said that only Kenes Rakishev from Kazakhstan and Roman Trotsenko from Russia left competing for the Yakutia and...
Chief executive James Staley of the British bank Barclays is being investigated by regulators in the United Kingdom for his links with the American billionaire and sex offender Jeffrey Epstein. Financial Conduct Authority (FCA), among others, a financial watchdog, looks at what exactly Staley’s relationship with Epstein was and whether he was sufficiently open about this to his employer.