Russian President Vladimir Putin and Chinese President Xi Jinping held a series of meetings in Moscow this week, discussing their countries’ close cooperation, among other issues. Notably, Putin expressed his openness to China’s peace plan to end the conflict in…
“The short answer is no,” say this expert. Academic evidence shows that sustainable investing often does not detract from financial returns. But that doesn’t eliminate customer concerns. And the most nuanced answer is: it depends. Yes, sustainable investment approaches can…
Most listed companies dedicated to the food sector in Spain have made profits in 2022, despite inflationary pressure. Next, a review of the results of the companies in the sector listed on the Madrid Stock Exchange, according to the latest…
French President Emmanuel Macron faced the biggest challenge to his authority since the so-called “yellow vest” protests on Friday after his government’s decision to push by decree for a questionable pension overhaul without a parliamentary vote sparked violent riots overnight.…
The Vidrala group, a company that produces glass containers for food and beverages, will invest nearly 100 million euros in creating its largest glass furnace on the peninsula, which will be located at its Gallo Vidrio plant located in the…
Chinese President Xi Jinping will travel to Russia next week for talks with President Vladimir Putin, the two countries announced on Friday, as Beijing touts a plan to end Ukraine’s bloody war that has been warmly welcomed by both sides.…
A total of 583 flights were canceled today in Germany as a result of warning strikes called on Friday at four airports in the country, which according to the Federation of German Airports (ADV) affected about 76,000 passengers. The partial…
The shares of the ‘Google Chinese’ Baidu on the Hong Kong Stock Exchange rose today almost 14% before the positive valuations of its artificial intelligence (AI) chatbot, ERNIE Bot, presented yesterday as an alternative to the ChatGPT developed by the…
Repsol has decided not to develop a liquefied natural gas terminal on Canada’s east coast because it would cost too much to ship the gas to the terminal, the company said on Thursday. The Spanish company had been studying the…
SAIC Volkswagen Automotive Co is offering 3.700 billion yuan ($537 million) in cash grants for car purchases in China, joining more than 40 brands in cutting prices ahead of a change in emissions standards in the world’s biggest car market.…
Spain’s main stock index rose at the opening on Friday, at a time of relief in world markets due to intervention measures at several struggling banks, although the Ibex-35 It was headed for its worst week in six months after…
Deutsche Bank paid Chief Executive Christian Sewing 8.9 million euros ($9.49 million) in 2022, up slightly from 8.8 million euros a year earlier, the bank revealed on Friday, rewarding him for a third straight year of profit and for reaching…
The European Central Bank needs to keep raising interest rates because core price inflation remains resilient and risks to the price outlook are skewed towards higher readings, ECB Governing Council member Peter Kazimir said on Friday. The ECB raised interest…
Today we will be waiting for the confirmation of the CPI data in the Eurozone. Business results season continues. The petroleum It is trading upwards. Cryptocurrencies are also moving higher this morning. Here are the five factors that investors should…
Bank of Japan Governor Haruhiko Kuroda said on Friday there was room to cut interest rates further into negative territory, but could not comment on what extent. As part of yield curve control, the Bank of Japan applies an interest…
The $30 billion injection into First Republic Bank allayed market fears about an impending bank collapse on Friday, but a subsequent slump in shares of the troubled U.S. bank showed investors remained worried about cracks in the sector. Big U.S.…
The U.S. dollar lost ground at the start of trading in Europe on Friday and riskier currencies rose as concerns about a global banking crisis eased. At 10:25 am (CET), the Dollar Index, which tracks the currency’s performance against a…
“Inflation will remain too high for too long. The Governing Council therefore decided today to increase the ECB’s three key interest rates by 50 basis points, in line with its determination to ensure a timely return of inflation to the…
U.S. stocks fell Thursday as investors continued to distrust bank stocks and as new economic data clouded the outlook for interest rates. At 9:52 ET (13:52 GMT), the Dow Jones Industrial Average lost 228 points or 0.7%, while the S&P…
MercadoLibre Inc. said on Thursday it expects to invest 19 billion reais ($000.3 billion) in Brazil this year, up 600.11 percent from 5. The South American e-commerce and financial services giant, which in 2018 had invested 1,000 million reais in…
Microsoft Corp announced on Thursday its latest plans to get artificial intelligence into the hands of more users, responding to a series of presentations this week by Google with updates to its own office work software. The company introduced a…
U.S. Treasury yields fell on Thursday as investors continued to weigh the current global banking strain against U.S. economic data, which continued to show resilience in the face of multiple Federal Reserve rate hikes. The return on U.S. debt has…
Wall Street’s main indexes fell on Thursday after the European Central Bank raised its main interest rate, despite fears of a global banking crisis, stoking concerns that the Federal Reserve could also tighten monetary policy for longer. The European Central…
Boeing (NYSE:BA) delivered a 787 Dreamliner to German airline Lufthansa (ETR) on, the first since the Federal Aviation Administration suspended deliveries in late February. A Boeing spokesman confirmed the delivery to Reuters. The FAA halted deliveries of the 787 on…
The European Central Bank raised interest rates by 50 basis points on Thursday as it had previously promised to curb inflation, ignoring chaos in financial markets and investor calls to curb monetary tightening at least until confidence stabilizes. The ECB…
The rise in global bottled water consumption reflects governments’ failure to improve public water supply, jeopardizing the United Nations Sustainable Development Goal on safe drinking water by 2030, a U.N. expert group said on Thursday. The bottled water market experienced…
The International Grains Council (ICC) forecast on Thursday that global production of corn It will increase to 1,202 million tonnes in the 2023/24 season, compared to 1,150 million in the previous season. The intergovernmental body, which publishes its first full…
OPEC+ believes falling prices of the petroleum this week’s more than one-year lows is due to financial fears rather than an imbalance between supply and demand, and the market is expected to stabilise, four delegates from the producer group told…
Mexico’s Energy Secretary Rocio Nahle said on Thursday that refineries at Mexico’s state-owned Pemex are expected to reach a combined processing of 1.2 million barrels per day (bpd) this year from 922,000 bpd today. She said that level will be…
The European Central Bank has contacted banks under its surveillance to ask them about their exposure to Credit Suisse (SIX:CSGN), two supervisory sources told Reuters. One of the sources cautioned, however, that he considered Credit Suisse’s problems to be bank-specific,…
U.S. stock futures fell on Wednesday as investors continue to look cautiously at banks since the emerging recovery in U.S. stocks lost steam in Europe. At 13:00 (CET), the Dow futures down 537 points or 1.66%, S&P 500 futures 69…
The Chief Economist at Moody’s (NYSE:MCO) Analytics, Mark Zandi, believes that the US Federal Reserve (Fed) is unlikely to raise interest rates in its March meeting, as there is a “burden of uncertainty” around recent bank failures. The financial turbulence…
The Bitcoin yesterday continued its rally to reach highs of $ 26,434, its highest level since June 13, 2022, as the publication of the US CPI offers more support to Bitcoin, as it had reacted positively to the US banking…
European bank stocks took a fresh hit on Wednesday with Credit Suisse (SIX:CSGNPlunged to new record lows after the bank’s largest shareholder said it cannot increase its 10% stake over regulatory issues. Credit Suisse fell below 2 Swiss francs ($2.18)…
Pending the European Central Bank’s (ECB) interest rate decision on Thursday, today the Bank of Japan has reiterated its accommodative policy. Business results season continues. The petroleum Quote with increases. Cryptocurrencies move with rises this morning. Here are the five…
China will steadily reduce the number of subprime lenders to help prevent systemic financial risks, its central bank said on Wednesday. Reforms of troubled small and medium-sized financial institutions have made key progress and illegal financial activities have slowed, the…
Turkey will continue talks to extend a deal allowing grain to be shipped from Ukrainian Black Sea ports for 120 days instead of 60, Turkish Defense Minister Hulusi Akar said on Wednesday. “We started negotiations according to the initial version…
Global demand for petroleum is slowly increasing, but is bracing for a big boost thanks to the resumption of air travel and China’s economic reopening after COVID-19 restrictions, the International Energy Agency (IEA) said on Wednesday. “Global oil demand growth…
A strike against the French government’s planned pension reform dragged on Wednesday for a second straight week at French refineries and warehouses, while liquefied natural gas (LNG) terminals were blocked. A broad alliance of unions has called for an eighth…
Inditex, which owns Zara stores, said sales of its spring-summer 2023 collection soared in the past six weeks, but its shares fell on Wednesday after the Spanish textile chain signaled higher spending on technology and automation. Inditex (BME:ITX) has extended…
The British government’s pound and euro stabilized ahead of the British government’s budget announcement on Wednesday and the European Central Bank’s looming interest rate hike on Thursday. The dollar also stabilized as fears of a banking crisis eased and investors…
Efforts by regulators and financial executives to assuage fears of contagion sparked by the collapse of Silicon Valley Bank (SVB) bolstered sentiment on Wednesday. Nonetheless, in a week in which global bank stocks have plunged – the regional bank index…
Garbage is piling up in Paris, liquefied natural gas operations are suspended and rail services cancelled on Wednesday, as unions urged a show of force against President Emmanuel Macron’s pension reform neared final steps in parliament. A broad alliance of…
After a start to the week of frantic swings, Spain’s stock index Ibex-35 showed a moderate decline at the opening on Wednesday, dragged down in part by the decline of Inditex (BME:ITX), as investors look for signs that the financial…
Online gambling has become a very popular source of entertainment for some time now. People across the world like to spend some quality time wagering on sports events or simply settling down to play for real money online and enjoy some casino…
Custom T-shirt printing is a great way to express yourself, show your creativity and make unique garments that stand out from the crowd. But with so many different types of printing techniques available on the market, it can be quite…
The dollar rose in a calmer environment on Tuesday after falling on Monday following the collapse of Silicon Valley Bank (SVB). Consumer Price Index (CPI) figures, due at 1230 GMT, could trigger further volatility in global markets, a day after…
U.S. stocks are set to an opening higher on Tuesday after Tuesday’s volatile day marked by concerns about the collapse of Silicon Valley Bank, as investors await the release of significant inflation data. At 13:00 (CET), the contract of Dow…
European markets in green this Tuesday -Ibex 35, CAC 40, DAX…- after the sharp falls of yesterday and waiting to know the data of inflation in the United States corresponding to the month of February. “In principle, the growth rate…
Today the focus will be on US inflation data, one of the thermometers of the US Federal Reserve (Fed) – along with employment data – to measure the state of health of the US economy. We will also be watching…
Casino launched a sale of shares in Brazilian supermarket chain Assai on Tuesday as the French supermarket operator pressed ahead with debt reduction. Casino said it would sell 12.9% of Assai’s share capital, representing 174 million shares. According to the…
Credit Suisse (SIX:CSGN) published its delayed annual report on Tuesday, identifying “significant deficiencies” in its internal controls over financial reporting and saying it has not yet curbed customer outflows. “As of December 31, 2022, the Group’s internal control over financial…
A flurry of clients has applied to move their accounts to big U.S. banks such as JPMorgan Chase & Co (NYSE:.JPM) and Citigroup Inc (NYSE:C) from smaller banks following the collapse of Silicon Valley Bank, the Financial Times reported on…
Binance will halt its sterling deposits and withdrawals, a company spokesman said on Tuesday, a month after the exchange ceased dollar transfers. Binance was informed by its partner for transfers in pounds, Paysafe (LON:PAYS), which would discontinue its services from…
Global stocks fell on Tuesday as the looming U.S. banking crisis prompted investors to lower their expectations for interest rate hikes, even ahead of key inflation data due later in the day. As recently as a week ago, investors were…
The inflation in Spain rose in February to 6% year-on-year, one tenth more than the previous month and one less than anticipated by the INE, due to the increase in electricity prices and the historic rise in food prices of…
Italy’s largest insurance group, Generali (BIT:GASI), obtained a net profit of 2022,2 million euros in 912, 2.3% more than in 2022, and the best operating result in its history, which was 6,509 million euros, 11.2% more year-on-year. The Italian group…
European Union finance ministers agree on the general principles of reforming European fiscal rules to better adapt them to post-COVID economic realities, but crucial details remain to be negotiated, according to a document. The draft conclusions of a meeting of…
A gauge of credit risk in the euro area banking system jumped to its highest level since mid-July on Tuesday, in line with rising levels of investor panic over the risk of crisis contagion at three U.S. banks in less…
Volkswagen plans to invest 180 billion euros ($000.192 billion) over the next five years in areas such as battery production and its North American operations, the company announced Tuesday, while spending on combustion engines will shrink from 760. With a…
Interest-sensitive real estate and technology stocks boosted the benchmark European equities index on Tuesday after three days of selling following the collapse of Silicon Valley Bank, which sent shivers down the spines of the global banking sector. The pan-European index…
President Joe Biden will tackle the banking crisis on Monday that prompted U.S. regulators to intervene with a series of emergency measures following the failures of Silicon Valley Bank and Signature Bank that threatened to trigger a broader crisis. Biden…
U.S. stocks point to an opening higher on Monday as investors digest measures taken over the weekend to protect the country’s banking system following the collapse of SVB Financial Group (NASDAQ:SIVB), as well as the possible impact on future Federal…
The trickle of expert statements continues on this black Monday for the markets -Ibex 35, CAC 40, DAX…- after the stock market crash caused by the fall of SVB Financial Group (NASDAQ:SIVB). Gilles Moëc, Chief Economist at fund manager AXA…
Markets in red this Monday -Ibex 35, CAC 40, DAX…- for fear that the crash of SVB Financial Group (NASDAQ:SIVB) has caused investors and the contagion effect at international level in sectors such as banking. In Europe, the sector index…
Red-hot markets this Monday -Ibex 35, CAC 40, DAX…- after the crash of SVB Financial Group (NASDAQ:SIVB), which is causing a contagion effect in the international banking sector. “Turbulence in the U.S. banking sector has prompted regulators to intervene and…
China’s new premier Li Qiang sought to reassure the country’s private sector on Monday, saying it would improve the environment for entrepreneurial enterprises and equal treatment would be given to all types of companies. Li, a former head of the…
Amid the aftermath of the biggest bank failure since the 2008 financial crisis, investors will focus on this week’s U.S. inflation data, which will be a key test for markets already under heavy pressure from concerns surrounding the Federal Reserve’s…
Oil prices fell along with stock markets on Monday as Silicon Valley Bank collapsed raised fears of a new financial crisis, although a recovery in Chinese demand provided some support. At 1001 GMT, futures Brent crude lost $1.44, or 1.7…
European bank shares fell the most in more than a year on Monday and bond markets saw a huge appreciation of bets on rate hikes as global efforts to limit the fallout from the Silicon Valley Bank (SVB) collapse failed…
Short-term U.S. Treasury yields fell on Monday as the collapse of Silicon Valley Bank prompted investors to sharply lower expectations of a big interest rate hike by the Federal Reserve and seek the safety of public debt. The return on…
Passenger traffic at Spain’s Aena airports exceeded pre-pandemic levels in February for the second consecutive month, the company said Monday. With almost 17 million, the number of passengers in February was 2.2% higher than in the same month of 2019.…
Goldman Sachs said on Sunday that they no longer expect the Federal Reserve to raise interest rates at its March 22 meeting, with considerable uncertainty about the path forward, in light of recent tensions in the banking sector. Goldman previously…
The dollar fell on Monday on growing expectations that the Federal Reserve will be less aggressive on monetary policy after policymakers intervened to limit the fallout from Silicon Valley Bank’s sudden failure. The U.S. government announced several measures early in…
The gold It approached the $1,900 level on Monday as investors sought refuge from uncertainty caused by Silicon Valley Bank’s bankruptcy but were encouraged by bets that the Federal Reserve might be forced to moderate its rate hikes. Spot gold…
Strikes blocking fuel supplies from French refineries continued for a sixth day on Monday after the Senate voted over the weekend in favour of President Emmanuel Macron’s unpopular pension reform plan. At the TotalEnergies Haulchin gas depot in northern France,…
German financial regulator BaFin said on Monday it had imposed a moratorium on the German branch of Silicon Valley Bank in the face of its crisis, saying the subsidiary had “no systemic significance”. The bank opened a small branch in…
The United States is not ready to discuss a prisoner swap like the one described in a letter and video addressed to U.S. President Joe Biden for an American detained in Venezuela, according to two officials in Washington. Eyvin Hernandez…
The German industry advocated this Sunday for a rapid entry into force of the EU-Mercosur agreement on the eve of the 39th edition of the German-Brazilian Business Days held in Belo Horizonte and will be opened by the German Minister…
The Minister of Transport, Mobility and Urban Agenda, Raquel Sánchez, said on Sunday that the PSOE “works” for “good people”, which is the one who “does not go to tax havens or Malta or the Netherlands”, in veiled allusion to…
The Greek unions of the private and public sectors, Gsee and Adedy, have called a 24-hour general strike in the country for this Thursday, demanding that “the real culprits” be found for the train accident in Greece that on February…
The price of electricity will fall this Monday more than 54%, to 36.8 euros per megawatt hour (MWh), which is one of the lowest rates so far this year, according to the results of the auction held in the wholesale…
Saudi state oil company Aramco (TADAWUL):2222) recorded a record net profit of $2022.161 billion in 100, up 46.5 percent from the previous year, which is “its biggest annual profit” as a publicly traded company, the company announced Sunday. Those results,…
The economies of the Baltic states – Latvia, Estonia and Lithuania – are facing weak or negative growth rates in the first half of 2023 which, coupled with high food and energy prices, are already impacting households in the region.…
French unions rule out that the battle against pension reform is lost, despite the adoption of the unpopular bill last night in the Senate, and warned against the “deafness” of the government in the face of the growing “anger” of…
The International Trade Union Confederation (ITUC) announced that it has withdrawn confidence in its general secretary, Luca Visentini, for his alleged involvement in the alleged bribery scheme in the European Parliament linked to Qatar and Morocco. In a statement, the…
The final signing of the resolution of the tender to manage the Nissan plot (TYO:7201) in Barcelona will take place tomorrow, Monday, which will open a new stage in this long process of reindustrialization in which the focus will be…
The combined turnover of Telefónica (BME:TEF), Orange (EPA:PRAY) and Vodafone (LON:VOD) in Spain fell by 7.7% in 2022 compared to the period prior to the coronavirus pandemic, in a context marked by high competitiveness within the sector and the emergence…
70% of Spanish entrepreneurs expect their sales to increase over the next year and 50% expect to increase their investments, a more moderate optimism than they showed last year, when those percentages were 7 and 10 points above, according to…
Real estate investment in southern Europe (Spain, Italy and Portugal) reached its record figure in 2022, with 31,700 million euros, representing an increase of 36% compared to 2021. Spain accounted for 52% of the total (16,000 million euros), according to…
