Tag: Bloomberg
Wall Street closes again with significant losses – investors remain unsettled
Frankfort, New York Fear of a recession as a result of the Ukraine war and rapidly rising interest rates continue to plague investors on Wall Street. The US indices were…
Sanctions against China’s surveillance group Hikvision are being considered
Hikvision headquarters The company’s cameras and surveillance software are used around the world, for example to fight crime or for “smart city” applications. (Photo: imago images / VCG) Beijing The…
This Altcoin Will Beat Its Rivals: Bloomberg Analyst Announces!
Senior Bloomberg Intelligence analyst Mike McGlone says that a prominent Ethereum (ETH) rival altcoin is on its way to gain an edge over other ETH competitors. McGlone, smart contract platform,…
Airbus raises A320neo production to record level
Paris Airbus is responding to post-pandemic air traffic growth by strengthening its A320 family. The European aircraft manufacturer announced on Wednesday that it would increase the monthly production of short-…
Equities face major challenges
Laboratory of Novavax The US company’s corona vaccine has already been approved in the EU. (Photo: AFP/Getty Images) Frankfurt Covid vaccines have brought huge commercial success to Pfizer, Biontech and…
BASF is exploring spin-off of Wintershall Russia business
Wintershall in Emlichheim The company is one of Gazprom’s closest partners in the West. In addition, Wintershall produces oil in Russia. (Photo: AP) Dusseldorf, Frankfurt The Ludwigshafen chemical group BASF…
Hannover Re confirms profit target
Hannover Re Reinsurers are currently confronted with the consequences of the war and the pandemic, but also with losses from natural catastrophes. (Photo: dpa) Frankfurt Despite higher losses from natural…
Citigroup admits mistakes made by a trader
Citigroup logo A transaction error probably led to a price slide. (Photo: dpa) London It is now clear who is responsible for the flash crash on the European stock market…
After the fall in prices, bonds offer higher yields again
New York Wall Street US bonds have become more interesting again after the price drop. (Photo: Bloomberg) Frankfurt “No place to hide.” This is how the private bank MM Warburg…
Citigroup admits mistakes made by a trader
Citigroup logo A transaction error probably led to a price slide. (Photo: dpa) Dusseldorf It is now clear who is responsible for the flash crash on the European stock market…
How Russia is fighting the decline of its oil industry
Oil refinery of the Yukos concern in Tomsk So far, Russia is the third largest crude oil producer after the USA and Saudi Arabia. But there could be a drop…
How Russia uses energy as a weapon
Gazprom pipeline Russia uses the raw material as leverage. (Photo: Bloomberg) Berlin, Brussels, Dusseldorf The halt to Russian gas supplies to Poland and Bulgaria fuels fears that the Kremlin could…
Credit Suisse: Major Swiss bank is reorganizing its board of directors
CreditSuisse 2022 should be a “transition year”. (Photo: Bloomberg) Zurich Persistent problems in the operational business have forced Credit Suisse boss Thomas Gottstein to restructure the board: CFO David Mathers,…
Major Swiss bank restructures board
CreditSuisse 2022 should be a “transition year”. (Photo: Bloomberg) Zurich Persistent problems in the operational business have forced Credit Suisse boss Thomas Gottstein to restructure the board: CFO David Mathers,…
Donald Trump’s Twitter dilemma: to return or not?
Donald Trump’s 2017 Twitter account The end of Twitter came for Trump after his supporters stormed the US Capitol. (Photo: Reuters) new York Is Donald Trump Coming Back To Twitter…
Indonesia’s palm oil export ban is causing prices to rise rapidly – and making traders nervous
Palm harvest in Indonesia The high food prices ensure an export stop: The oil is used in Asia in the kitchen for many dishes. (Photo: LightRocket/Getty Images) Bangkok, Dusseldorf The…
Credit Suisse changes several top managers
CreditSuisse The major Swiss bank does not make it out of the crisis. (Photo: Bloomberg) Zurich According to media reports, Credit Suisse is planning a large-scale restructuring of the board:…
Credit Suisse changes several top managers
CreditSuisse The major Swiss bank does not make it out of the crisis. (Photo: Bloomberg) Zurich According to media reports, Credit Suisse is planning a large-scale restructuring of the board:…
Bill Ackman Loses $430 Million
Bill Ackman The hedge fund manager is one of the most prominent figures in the financial world. (Photo: Reuters) Dusseldorf The Netflix stock crash also hit star investor Bill Ackman.…
Germany is apparently training Ukrainians to use Panzerhaubitze 2000
Howitzer 2000 The heavy howitzer is used by the Bundeswehr. (Photo: dpa) Berlin Germany will train Ukrainian soldiers to use heavy artillery from Western stocks and provide them with ammunition…