OPEC loses market share

Source: Dukascopy Bank SA
On Thursday, it was announced that the global oil market share held by OPEC has decreased to 30%. The decline has occurred due to increase of production in Iran and Venezuela.
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Thu, 22 Aug 2019 11:49:01 GMT

Audi plans to join BMW, Mercedes develpment alliance

Audi is planning to join the alliance of its competitors Daimler and BMW to develop an upgraded driving assistance systems, according to the German weekly newspaper Wirtschaftswoche's post seen on Thursday.

Thu, 22 Aug 2019 09:29:39 GMT

German businesses keep struggling in August

The German private sector has continued to underperform this month as the manufacturing recession hampered, while the services sector's activity eased slightly, marking a possibility that the EU biggest economy is moving towards recession.

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