ECB Cautions Of Losses As It Suffers From Decade Of Money Printing
The European Central Bank warned on Tuesday that it might suffer a loss as rising inflation forces it to hike interest rates and pays the price of a decade of ...
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Tag: Germany
Deutsche Bank Warns Of Dangers In Borrowing From U.S. Lenders
Germany’s Deutsche Bank (DBKGn.DE) has a stern warning to European firms borrowing from U.S. lenders: They will abandon you when times get hard. The warning, explained in an interview with ...
China Insists US Has No Right To Interfere In Hamburg Port Deal
The United States has ‘no right’ to interfere in Chinese cooperation and partnership with Germany, according to China's foreign ministry. The ministry spoke on November 3 after Washington cautioned against ...
EU Wants To Cap ‘Excessive And Volatile’ Gas Prices This Winter
Policymakers seek to protect households from the worst of the impact of the Russia-Ukraine war The European Union has proposed a cap on “excessive and volatile” gas prices this winter ...
Gazprom Said Nord Stream 1 Reopening Hinges On Siemens Energy
Summary Gazprom says the ball is in Siemens Energy's court Siemens Energy: we do not comprehend Gazprom Siemens Energy: not contracted to do maintenance Germany considering energy rationing Russia: We'll ...
Lufthansa To Delay 800 Flights On Friday Owing To Pilots’ Strike
Summary 130,000 passengers were possibly affected by the strike on Friday Talks necessary now - airline spokesperson Stocks drop after strike announced Germany’s Lufthansa (LHAG.DE) said it will be forced ...
Puma Raises Revenue Projection After A Strong Q2 Report
Summary Q2 EBIT grows 34.4% y/y to 146 million euros Surpasses 2 bln euros in quarterly sales for the first time Raises full-year 2022 revenue outlook CEO says the company ...
Russia’s Gazprom Tightens Provisions On Gas Streams To Europe
Summary This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Russia tightened its gas squeeze on Europe on July 25 as Gazprom ...
HSBC Ready To Fend Off Ping An Breakup Proposal
Summary HSBC speeding up disposal of non-core markets, assets Bank to renew commitment to deploy more capital to Asia Lender due to report results and strategy on Aug. 1 HSBC ...
Europe’s Risk Of Recession Grows Amid Fears Russia May Turn Off Gas Supplies
Energy prices had already risen in the second half of last year but Russia’s invasion of Ukraine has aggravated this scenario. Europe faces an increasing risk of recession owing to ...