Business

ING Will Bring Apple Pay Soon To The Netherlands
4May By Eunice MontjoyNo Comments
Netherland, Business, News

ING Will Bring Apple Pay Soon To The Netherlands

ING Will bring Apple Pay soon to the Netherlands. ING will offer Apple Pay soon in the Netherlands, and the bank announced on in a press release. On a web page, ING promises to tell you more about the arrival of the service. When the payment service is offered in the Netherlands and which customers are eligible has not yet been declared. The website only states that it will take "a little longer" until the bank offers Apple Pay. "This is all I can tell about it right now," an ING spokesperson said. "Furthermore, I cannot reveal anything about it." It is not yet evident whether other banks have plans to support Apple Pay in the Netherlands. A Rabobank spokesperson did not want to comment on whether the bank has plans for Apple Pay. ABN AMRO has announced that it is discussing Appl...
Read More
The US President Donald Trump again Proposes an Interest Rate Cut
30Apr By Alan LorenzNo Comments
Business, News, US

The US President Donald Trump again Proposes an Interest Rate Cut

The US President Donald Trump again Proposes an Interest Rate Cut. If the umbrella of central banks in the United States lowered interest rates by 1 percentage point, the economy would go up like a rocket.   That is at least the prediction of President Donald Trump. The American also advocates an extension of a bond-buying program. Trump threw his message into the world via Twitter. He added that the US economy is doing very well with 3.2 percent growth, but with the current low inflation, there would be new records in the making if the Fed let its ears hangover to the president. He also referred to the national debt, which would then be much lower in proportion. Trump has repeatedly criticised the Fed and believes that the umbrella of central banks should do more for the economy...
Read More
Uber Is Allowed To Leave The Road Again With Self-Driving Cars
18Dec By Eunice MontjoyNo Comments
US, Business, News

Uber Is Allowed To Leave The Road Again With Self-Driving Cars

Uber is Allowed to leave the Road again with Self-driving Cars. The American city of Pittsburgh has given Uber permission to test self-driving cars on public roads again.   The tests were stopped in March after an accident fell in a crash. Uber received approval from the Department of Transportation in the state of Pennsylvania, according to the reports. An Uber spokesperson affirms the approval but states that the tests have not yet begun. "We have not yet put self-driving cars back on the road." Nine months ago, a self-driving car from Uber got involved in a deadly accident. Then the company immediately halted its tests. Research later showed that the human driver, who must intervene when essential, was misled. It was then too late to intervene to avoid the victim. Uber di...
Read More
Rabobank Investigates The Sale Of Activities In The United States
13Nov By Eunice MontjoyNo Comments
US, Business, News

Rabobank Investigates The Sale Of Activities In The United States

Rabobank Investigates the sale of Activities in the United States. Rabobank is investigating the sale of activities in the United States, according to the reports by insiders.   The deal could result in more than 1 billion dollars. These were parts of the American branch of Rabobank that are engaged in asset management and services to retailers. Rabobank N.A., as that American branch is called,  according to data from the Federal Reserve, total assets worth $ 13.5 billion. In 2014, we also observed at a sale of the same parts, but that was not followed up. It later became known that justice in the US investigated Rabobank because of the processing of different payments. The bank eventually had to pay $ 368 million for that matter.
Read More
Transavia Examines Tax On Rolling Suitcases In Hand Baggage
4Nov By Eunice MontjoyNo Comments
Europe, Business, News

Transavia Examines Tax On Rolling Suitcases In Hand Baggage

Transavia examines Tax on rolling Suitcases in Hand Baggage. Airline Transavia will investigate a tax on larger pieces of hand luggage. That verifies a representative on Friday.   Price fighters Ryanair and Wizzair have already started a similar charge on Thursday. Reason for the research is the increasing difficulties with the amount of hand luggage in the aircraft of Transavia. According to the reports, there is insufficient space in the plane, which leads to overcrowding and delays. "We notice an increase in the use of trolleys as hand luggage. It leads to congestion in the cabin and delays,  "said Norbert Cappetti, a representative for the Dutch airline. "We are investigating some options to identify this, following our colleagues." Examples of possible options are overco...
Read More
Tesla Drops On German Stock Exchange
27Aug By Eunice MontjoyNo Comments
Business, Germany, News

Tesla Drops On German Stock Exchange

Tesla Drops on German stock exchange after 180 Degrees turn over Stock exchange Exit. Tesla went down considerably on Monday morning at the German trade fair Tradegate.   The share stood at around 4 percent value loss around eleven o'clock after the stock exchange of the electric car manufacturer was cancelled this weekend. Topman Elon Musk declared that Tesla will still be listed on the stock exchange. Earlier, he announced via Twitter that he wanted to get his company off the stock for 420 dollars per share. He claimed in that tweet that the financing was already around, on which Tesla shares raised significantly in a short time. Musk came after a dialogue with shareholders about his conclusion to keep Tesla on the stock market. They were gravely concerned about the exit plan...
Read More
Share Facebook Down By More Than 19 Percent
28Jul By Alan LorenzNo Comments
Technology, Business, News

Share Facebook Down By More Than 19 Percent

Share Facebook down by More than 19 percent After Disappointing Figures. The Facebook share fell by 19 percent on Thursday after the company presented disappointing quarterly earnings on Wednesday.   For more than 76 billion pounds in market value evaporated due to the sharp fall of one of the most arguably essential stocks in the world. Investors seemed to fear a link between the privacy scandal surrounding the social media company and the disappointing figures. Topman Mark Zuckerberg saw his paper assets drop by 11 billion pounds. Also means that all growth of its assets for this year has disappeared. Zuckerberg now accounts for about 54 billion pounds and lost its place in the top of the wealthiest business people. Worldwide the number of Facebook users increased, but less qu...
Read More
Opel Has To Explain How Three New Types Of Diesel Engines Work
14Jul By Alan LorenzNo Comments
Germany, Business, News

Opel Has To Explain How Three New Types Of Diesel Engines Work

Opel has to Explain how Three New types of Diesel engines Work. Opel must account for the operation of three new types of diesel engines. The German Transport Ministry confirmed this after reporting.   The questions from the German officials are about the system that cleans the exhaust gases from the diesel engines that meet the Euro-6 directive. A spokesperson for the ministry does not want to speculate whether the system complies with the rules. It is also unknown in how many car models the diesel engines are and how many cars have been delivered with the relevant engines. Opel has two weeks to answer the questions from the Kraftfahrt-Bundesamt, the German counterpart of the Rijksdienst voor Wegverkeer. Opel, unlike other German car companies, has not yet been involved in scan...
Read More
Angela Merkel Warns Against The Outbreak Of Real Trade War
4Jul By Alan LorenzNo Comments
Germany, Business, China, International, News, US

Angela Merkel Warns Against The Outbreak Of Real Trade War

Angela Merkel warns Against the Outbreak of real Trade War. German Chancellor Angela Merkel warns that a "real trade war" will arise if the US introduces additional import tariffs on European cars, reports The Greater.   The German Chancellor does not yet want to speak of a "trade war", but calls it a "trade conflict", German media write Wednesday. "It is worth every effort to ensure that this dispute does not turn into a real war," said Merkel on Wednesday in the German Bundestag. The import tariffs on European cars are, according to her, "much more serious" than the previously added tax on imports of European steel and aluminium. According to the German Chancellor, the financial crisis shows that cooperation works better than unilateral measures. "The international financial c...
Read More
Business Activity in the British Services Sector is Increasing
4Jul By Alan LorenzNo Comments
Business, Local, News, US

Business Activity in the British Services Sector is Increasing

Business Activity in the British Services Sector is Increasing. The activity in the British services sector grew at a faster pace in June, reports Press Cube.   This appeared Wednesday from the purchasing managers index of IHS Markit and CIPS. The index rose from 54.0 in May to 55.1 in June, the most substantial increase since October 2017. A decrease was expected to 53.5. Previously, the purchasing managers' index for British industry remained stable in June compared to May. An index of more than 50 indicates that there is growth, while a figure below 50 means that the industry is shrinking.
Read More