Tag: Dow Jones & Co
Klarna is cutting jobs, there is a risk of a valuation discount
“When we made our business plans for 2022 last fall, the world looked very different than it does today,” explained Klarna boss and co-founder Sebastian Siemiatkowski at the beginning of…
Plane may have been intentionally crashed in China
Wreckage of China Eastern Flight MU5735 It is still not finally clear how the plane crashed in March. (Photo: AP) Frankfurt Memories of the crash of Germanwings flight 9525 in…
Jerome Powell does not rule out more aggressive action to curb inflation
Jerome Powell The Fed chair is more determined than ever to get inflation under control. (Photo: AP) new York According to Fed Chair Jerome Powell, the US Federal Reserve intends…
Musk is in trouble with Twitter lawyers
Dusseldorf With a tweet last Friday, Elon Musk sent the shares of the short message service plummeting: In it he questioned the planned takeover of Twitter for $ 44 billion.…
Musk is in trouble with Twitter lawyers over tweets
austin Tech billionaire Elon Musk got into trouble with the online service’s lawyers with his tweets about the planned Twitter takeover. They accused him of breaching a confidentiality agreement Musk…
Investor interest rate concerns push Wall Street back into the red
Street sign on Wall Street The nervousness on the markets is high despite signs of recovery in the meantime. (Photo: Reuters) new York Fearing more drastic rate hikes by the…
Investor interest rate concerns push Wall Street back into the red
Street sign on Wall Street The nervousness on the markets is high despite signs of recovery in the meantime. (Photo: Reuters) new York Fearing more drastic rate hikes by the…
US exchanges extend their losses at the close – Coinbase loses 26 percent
new York The latest US inflation data weighed on Wall Street on Wednesday. The US standard value index Dow Jones closed one percent lower at 31,834 points. The broad S&P…
Philip Morris considers acquisition of Swedish Match
New York, Stockholm The US tobacco company Philip Morris International is interested in taking over the smaller European competitor Swedish Match. Both sides confirmed negotiations in separate press releases on…
Warsaw demands more help from the EU
Vienna Three million Ukrainians have arrived in Poland in the last nine weeks. Even if some move on and most hope to return quickly, the Polish population has briefly grown…
Slump in growth and lockdown frustration: Party leader Xi under pressure
Xi Jinping China’s head of state and party leader wants to secure another term in office in the fall. (Photo: Reuters, Getty, AP, Imago) Beijing A sports stadium in Beijing’s…
Three reasons why Twitter is now negotiating with Elon Musk
Dusseldorf A takeover of Twitter by Tesla boss Elon Musk is within reach. According to US media reports, an agreement could be reached on Monday. The short message service is…
Three reasons why Twitter is now negotiating with Elon Musk
Dusseldorf The management of Twitter is now apparently negotiating with Tesla boss Elon Musk about a takeover of the short message service. The billionaire met with Twitter officials on Sunday…
Tesla: Quarterly figures – The three most important questions from analysts
Elon Musk at the opening of the Tesla Gigafactory in Grünheide How quickly will the US group be able to ramp up production? (Photo: IMAGO/Political Moments) Dusseldorf The billion-dollar takeover…
Hopes for another strong reporting season drive US stocks
Frankfurt Hopes for further strong quarterly figures from US companies gave Wall Street a boost on Tuesday. The US standard value index Dow Jones closed 1.5 percent firmer at 34,911…
Economists call for strict Fed response
James Bullard The next Fed meeting is on May 3rd and 4th. The central bank may raise the key interest rate by half a percentage point. (Photo: Reuters) Dusseldorf In…
Security deal with Solomon Islands to expand military presence
Manasseh Sogavare (left), Li Keqiang The prime minister of the Solomon Islands and his Chinese counterpart in Beijing in October 2019: China is planning to expand strategic bases. (Photo: AP)…
Oligarch Roman Abramovich is negotiating for Russia
Roman Abramovich The billionaire represents the Russian side in the peace talks between Ukraine and Russia. (Photo: IMAGO/ITAR-TASS) Istanbul Russian billionaire Roman Abramovich is taking part in talks between Ukraine…
Deutsche Telekom sells its customers’ private data in the USA
Hamburg, San Francisco The sun is shining, the employees are grinning, Timotheus Höttges is willing to take selfies: At the end of last week, the head of Deutsche Telekom traveled…
Oligarch Abramovich apparently poisoned in the course of a mediation attempt in Ukraine
Dusseldorf According to a report by the Wall Street Journal (WSJ), the Russian billionaire Roman Abramovich started an attempt to mediate between Russia and Ukraine and was apparently poisoned in…