Acronis operates in the field of cybersecurity. Goldman Sachs and the bank's partners invested $147 million in the company and received a 10% stake. Acronis was valued at $1 billion. The company has indicated how it intends to use the proceeds. T... Read more
The Bank of Turkey reported a cut in the key rate to 16.5 percent, or 3.25 percentage points. The previous decision to cut the rate was made in July. At that time, the decrease in size was more significant - by 4.25 percentage points. Prior to this d... Read more
Christian Sewing, who is the head of Deutsche Bank, said that low interest rates could cause the european financial system to collapse in the long term. For banks, they are a very heavy burden. Credit organizations suffer serious losses. This year th... Read more
The start of this week will be an opportunity for British Prime Minister Boris Johnson to get a chance to strike a Brexit deal. He said he still expects the country to leave the European Union within an agreed deadline of October 31, despite a law pa... Read more
The London Stock Exchange has rejected a merger offer from the Hong Kong Stock Exchange. The latter expressed disappointment. A statement from the Hong Kong Stock Exchange said it planned to have a constructive dialogue with the London Stock Exchange... Read more
