news

Goldman Sachs cuts euro/dollar forecasts, citing Italian instability

30.05.2018, 13:15

U.S. investment bank Goldman Sachs (NYSE:GS) said on Wednesday it had cut its euro/dollar forecast for the next 3, 6 and 12-months because of uncertainty stemming from Italy's political crisis.

Naftogaz asks Swiss courts to force Gazprom to pay $2.6 billion settlement

30.05.2018, 13:06

Ukraine's state energy group Naftogaz said it has asked Swiss courts to enforce a ruling that it receive $2.6 billion (2 billion pounds) from Russian giant Gazprom (MM:GAZP) after a long-running legal battle.

Deutsche Bank looking to sell stake in Dubai-based Abraaj - sources

30.05.2018, 11:53

Deutsche Bank (DE:DBKGn) is looking to sell its small stake in Dubai-based Abraaj, the embattled private equity firm involved in a row over alleged misuse of investor money, two sources familiar with the matter said.

China's Wanda Group, Tencent team up for 'smart retail'

30.05.2018, 11:23

Chinese real estate conglomerate Dalian Wanda Group will form a joint venture with technology giant Tencent Holdings (HK:0700) and Groupon Inc's (O:GRPN) former local unit to integrate online and offline businesses, as the companies move towards "smart retail".

Cryptos Rally as Ethereum Set to Fork

29.05.2018, 16:43

Cryptocurrencies rallied on Tuesday, as Ethereum was set to “fork” in an attempt to solve a mining issue.