Ireland’s economy grew in the coronavirus year 2020, while most of the world’s economies were shrinking due to the crisis. According to Irish Finance minister Paschal Donohue, the economy improved 3.4% despite strict lockdowns against the pandemic in the country.
The technology companies are expected to be under further pressure on the European stock exchanges on Thursday, following the fall of the Nasdaq US tech index. Rapidly rising interest rates on bond markets fuel concerns about the high valuations of the major tech groups, which have risen sharply during the coronavirus crisis. However, investors are trading their tech shares for companies that are...
Kenes Rakishev, as the only shareholder of Fincraft Group, voiced a number of decisions concerning the organizational structure of the company. It becomes evident from the data published by KASE, the national public company register.
Industrial companies seem to be the bright spot in the current coronavirus crisis. According to the UK market researcher Markit, activity in the sector increased further last month to its highest level in the last three years. The growth spurt did lead to supply chain problems.
Geely from China is not going to merge his car branch with the Swedish Volvo Cars. Earlier proposals to this effect have been reversed because the Chinese think that they are doing more wisely to continue as independent manufacturers. However, Geely and subsidiary Volvo will work more closely together in the areas of electric driving, software and the technology behind self-driving cars.
Belgian fishermen are welcome back to British waters for the first time since the new trade agreements with the United Kingdom, according to Belgian Minister Hilde Crevits on Twitter on Saturday. The minister for Agriculture and Fisheries writes that the necessary licences have been granted to 17 of the 18 fishermen who catch their fish off the British coast.
Tesla will accept bitcoin soon as payment. Electric automaker has invested USD 1.5 billion (almost EUR 1.3 billion) in the crypto and has pumped the market.
The United Kingdom is adding GBP 23 million (almost EUR 26 million) to compensate British fishermen for declining earnings from the Brexit. The money, which has to cover losses incurred since 1 January, is intended for SMEs which can demonstrate a substantial loss in exports to the European Union.