Germany to spend 1.5% of GDP on defence by 2025

Source: Dukascopy Bank SA
On Monday, the Defence Minister of Germany Ursula von der Leyen claimed that Germany is planning to increase spending on military and defence from 1.2% to 1.5% by 2025.
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Mon, 14 May 2018 17:16:40 GMT

Vekselberg's Renova group gets credit line from Promsvyazbank

On Monday, the finance ministry of Russia claimed that Viktor Vekgelberg's Renova Group will get a credit line from Promsvyazbank to support business after the company was hit by the US sanctions.

Mon, 14 May 2018 16:10:35 GMT

Securities chiefs of Goldman Sachs to leave company

Pablo Salame and Isabelle Ealet, two co-heads of securities division of Goldman Sachs, are set to retire in June after 20-year-long stints at the Bank, the internal memo showed.

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