The Minister of Finance and Public Function, María Jesús Montero, has estimated this Thursday at around 190 million euros the savings that the reduction from 21 to 5 percent will mean for families and companies next quarter in the price…
The Minister of Transport, Mobility and Urban Agenda, Raquel Sánchez, has commented on the reduction in the price of fuel in France subsidized with public money that the Government “is always open to rethinking” the measures of savings and “does…
The credit rating agency S&P Global Ratings considers that the war in Ukraine and the risk of interruption of gas supply by Russia “is accelerating” Europe’s shift towards renewable energies and greener gases. In a report that analyzes the prospects…
The Spanish government will reduce the value added tax (VAT) on gas to 5% from 21% from October to reduce the impact of the rise in international prices on electricity bills. , said the President of the Government, Pedro Sánchez,…
The price of Texas intermediate oil (WTI) opened this Thursday with a new drop, in this case 2.01%, standing at 87.67 dollars a barrel after two days in a row of declines that have put it back below the barrier…
Within hours of the U.S. Federal Reserve’s monetary policy decision, the market reflects buying, albeit at low volumes, in the main stock indices, with the Dow Jones gaining 145 points or 0.47%, the S&P 500 up 18 points or 0.48%, and the Nasdaq up 42 points…
Shares of European defense companies rose on Wednesday after Russian President Vladimir Putin declared a partial mobilization of the country’s military reserve to support the invasion of Ukraine. Military equipment manufacturers, including Germany’s Rheinmetall AG (ETR: RHMG ), France’s Thales (EPA: TCFP ) and Italy’s Leonardo SpA (BIT: LDOF ),…
Gold rose on Wednesday after Russian President Vladimir Putin’s partial mobilization announcement reignited interest in bullion as a safe haven, offsetting pressure from a strong dollar and expected interest rate hikes. interest in the United States. * Spot gold was up…
U.S. existing home sales fell for the seventh straight month in August as affordability deteriorated further amid rising mortgage rates and stubbornly high prices, though the pace decrease moderated compared to previous months. Existing home sales fell 0.4% to a…
Global stocks rose on Wednesday, recovering from an early hit to risk appetite after Russian President Vladimir Putin accused the West of “nuclear blackmail”, sparking a flight towards haven assets such as gold and bonds. * Crude oil prices rose briefly on…
Hurricane Fiona intensified to a dangerous Category 4 on Wednesday on its way to Bermuda, after devastating parts of the Dominican Republic and Puerto Rico, where at least eight deaths were reported. and a good part of the towns were…
European stocks closed higher on Wednesday, ahead of a third straight interest rate hike by the U.S. Federal Reserve later in the day, rebounding from lows hit after the announcement of a partial military mobilization by Russia. * The mainland STOXX…
Raising interest rates to curb inflation is likely to dampen economic growth in the United States and the rest of the world, Citigroup (NYSE: ) Chief Executive Officer Jane Fraser. “We are very concerned about the high prices that consumers are facing in…
Spain’s main stock index closed flat on Wednesday, holding out for the end of the Federal Reserve’s two-day meeting. The attention of operators and investors is focused on the pace of increases that the Fed takes at the end of…
Latin American currencies and stock markets were mixed on Wednesday, amid a global advance in the dollar, with the markets’ attention focused on the decision to be announced later by the Federal Reserve. from the United States, after its two-day…
U.S. stock indices rose on Wednesday ahead of an expected Federal Reserve interest rate hike, with investors awaiting clues on the length and depth of monetary policy tightening to rein in expectations. increasing price pressures. * As of 1410 GMT,…
AAPL ) rose 1.5% on Tuesday after the Cupertino-based company said it would raise prices on the App Store in Europe. Starting October 5, 2022, app prices and in-app purchases (excluding auto-renewing subscriptions) on the App Store will increase in Chile,…
The Government of Bangladesh approved on Wednesday the purchase of 500,000 tons of wheat from Russia for some 210 million dollars, in the first significant trade between the two countries after the invasion of Ukraine, while It is proposed to import Russian oil among…
Spain has fined Glovo, the local unit of Delivery Hero (ETR: DHER ), 79 million euros ($78 million) for an alleged breach of labor law, the company said on Wednesday. Minister of Labor, Yolanda Díaz. Glovo said it would appeal the decision,…
10-year Treasury yields fell on Wednesday from their highs in just over a decade before the Federal Reserve’s interest rate decision, at a time when concerns about an escalation of the war between Russia and Ukraine modestly boosted debt demand.…
HOUSTON/CHENNAI, Sept 21 (Reuters) – Maroil Trading, owned by shipping tycoon Wilmer Ruperti, has taken control of the marketing of nearly all of Venezuela’s petcoke exports, a move that could reduce sanctions risks for customers. , according to documents and four sources…
China Evergrande (HK: 3333 ) Group said on Wednesday it is looking into transferring assets to its real estate unit to pay off some of the unit’s debt payments. In July, the company revealed that loans guaranteed by Evergrande Property Services had been diverted…
European governments have earmarked almost 500 billion euros in the past year to protect citizens and businesses from rising gas and electricity prices, according to a study published on Wednesday by the Bruegel study center. Months of rising prices have…
The Foreign Minister, José Manuel Albares, assured this Wednesday that “many” countries of the European Union support the MidCat gas pipeline project with France through the Pyrenees and also a solution to lower the cost of light similar to the…
All airlines owned by International Airlines Consolidated Group will end this year with profits, CEO Luis Gallego said on Wednesday. IAG (BME: ICAG ), which owns British Airways, Iberia, Vueling and Aer Lingus, among others, had previously said it expected to return…
The United States attacked Russian President Vladimir Putin on Wednesday for “using energy as a weapon” by suspending gas supplies to Europe through the Nord Stream 1 gas pipeline. “President Putin is once again using energy as a weapon,” White…
The gas supply in France will be guaranteed this winter not only for individuals, but also for companies in any climatic circumstance or in the event of total closure of the taps by Russia if savings are achieved 10% on…
The European Commission is examining options to cap energy prices and reduce electricity demand as part of its forthcoming proposals to tackle rising energy costs, a top charge of the European Commission. “Emergency measures on electricity prices are being worked…
The consumption of automotive fuels fell by 4.5% in July compared to the same month of the previous year, to 2.46 million tons, and was 8.6% lower than in July 2019 (before the pandemic), although it increased slightly, 0.2%, compared…
The European Union has already managed to fill its gas stores above 80% to face the winter, but it would have to reach next March with gas reserves at least 40% to be able to face the cold season of…
September kicks off with markets weighing on tensions with Russia over energy prices. “Europe is facing high natural gas prices and potential shortages as supplies from Russia dwindle,” warns Emma Stevenson, investment writer at Schroders (LON: SDR ). Natural gas…
The reduction in the price of fuel in France subsidized with public money increases from this Thursday and, for two months, from 18 to 30 cents per liter, to which an additional 20 cents are added at gas stations of…
Catalonia has transferred to the central Executive eight proposals that it considers can be implemented to save energy, among which are the creation of a public energy company, accelerating biomethane injection projects into the distribution and up to three legislative…
Ukraine said a UN team on its way to inspect the Russian-controlled Zaporizhia nuclear power plant was stuck at a checkpoint some 20 kilometers from the city on Thursday. the front line, after reports of new bombings earlier in the…
Vaca Muerta, the gigantic formation of unconventional hydrocarbons in Argentina, achieved record levels of activity last August, industry sources reported Thursday. The number of fracture stages – a technical way of measuring activity in unconventional reservoirs – was 1,379 last…
The Malaysian oil company Petronas and Argentina’s YPF (BA: YPFD ) signed an agreement on Thursday with a view to investing 10,000 million dollars to build a gas liquefaction plant in Argentina, a key work for the development of the…
Argentina plans to rehabilitate the Trasandino pipeline next March, which will allow it to export more oil to Chile, as confirmed on Thursday by the president of the oil company YPF (BA: YPFD ), the largest Argentine producer of hydrocarbons.…
Clashes between rival Shi’ite Muslim militants in the Iraqi city of Basra have killed at least four people, security officials said on Thursday, at a time when violence stemming from escalating the political crisis affects the south of the country.…
Oil companies operating in Kurdistan have asked the United States to help de-escalate tension between Iraq’s central government and the semi-autonomous region, according to three sources and a letter seen by Reuters. . They say the intervention is necessary to…
A dazzling pink diamond, described as one of the world’s purest, could top $21 million when it goes on sale in Hong Kong in October, Sotheby’s auction house said on Wednesday. At 11.15 carats, the cushion-shaped gem is named the…
The energy deficit will exceed 36% of the maximum generation capacity this Thursday in Cuba, reported the state-owned Electric Union (UNE). The energy crisis that the country has suffered for months has been aggravated in recent days by the strike…
The Government and the different parliamentary groups met this Thursday to negotiate the processing of the energy saving plan approved last week, as well as the proposals that will be taken to Brussels to face the crisis unleashed by the…
The president of the board of directors of the oil company controlled by the Argentine State, YPF (BA: YPFD ), Pablo González, announced this Thursday an investment of 10,000 million dollars in a project to industrialize gas, in alliance with…
The European Commission’s forthcoming proposals to tackle rising energy prices should include a price cap for certain non-gas-fired electricity generators, according to a Commission document to the public. which Reuters had access to. Interventions under consideration include a price cap…
The Third Vice President of the Government, Teresa Ribera, is currently meeting with the spokespersons of the different parliamentary groups to collect proposals that will allow the completion of designing the energy security contingency plan. The meeting, which is taking…
Divers sealed two tank vents that leaked fuel from a damaged bulk carrier that ran aground after a collision off the British enclave of Gibraltar in the far south of Spain, authorities said on Thursday. local. The hull of the…
The head of the International Atomic Energy Agency, Rafael Grossi, visited Ukraine’s Russian-occupied Zaporizhia nuclear power plant on Thursday, saying experts would maintain their presence at the facility. Grossi, who visited the plant for several hours, also said he would…
Chancellor Olaf Scholz said on Thursday that Germany will get through the boreal winter without suffering a crisis, even if Russian gas supplies are interrupted, adding that the country could draw on its gas reserves and obtain more supplies from…
The long-awaited visit of UN experts to the Russian-occupied Zaporizhia nuclear power plant would be a success if it led to the “demilitarization” of the facility, director of the Ukrainian state nuclear enterprise. Energoatom chief Petro Kotin told Reuters at…
The President of the Government, Pedro Sánchez, announced this Thursday that the VAT on gas will drop from 21% to 5% from October until the end of the year, although he is open to being able to extend it to…
The co-founder of Twitter Inc. (NYSE: TWTR ) Jack Dorsey will be questioned under oath Tuesday by company attorneys and Elon Musk, via Zoom, Bloomberg reports, citing a deposition notice filed Monday night. What you should know For those who are not aware, Musk and…
Germany is ready to buy Fortum ‘s (HE: FORTUM ) 78% stake in Uniper (ETR: UN01 ) and inject another 8 billion euros ($8 billion) into the group. as part of the nationalization of the gas importer, the company said on Tuesday. Uniper, Germany’s biggest importer…
Wall Street’s main indexes fell 1% on Tuesday as investors took positions awaiting new economic projections and another big interest rate hike from the U.S. Federal Reserve this week. week, to quell inflation that is at multi-decade highs. * All…
European Union soft wheat exports in the 2022/23 season that started on July 1 totaled 8.06 million tonnes as of September 18, the European Commission said on Tuesday, almost without changes compared to the 8.07 million tons of the same week of…
European Union soybean imports in the 2022/23 campaign that started on July 1 totaled 2.5 million tonnes as of September 18, the European Commission said on Tuesday, down from 2.92 million tons in the same week of the previous campaign. However, the…
The new “Star Wars” television series “Andor” promises an inside look at the people who eventually become heroes in the ongoing battle in a galaxy far, far away. distant. “Andor,” which premieres on the Disney+ streaming service Wednesday, is a…
Oil prices fell along with European and U.S. stocks on Tuesday and were headed for a fourth monthly decline, on the specter of an economic slowdown and subsequent drop in fuel demand as a result of the expected rise in…
The Ferroatlántica factory in Cantabria has stopped all its furnaces due to the high cost of energy and does not know when it will be able to resume its activity, sources from the works council have assured Efe. “With these…
The mining company Vale and the state oil company Petrobras (NYSE: PBR ), two of the flagships of the Sao Paulo stock market, weighed down this Thursday the Ibovespa index , a reference on the parquet, which lost one 1.80%…
Deutsche Bank (DE: DBKGn ) has also hired Antonio Rosselló, Xavi Marsan, Ignacio Costabella and Elisabet Múgica in Barcelona. “Deutsche Bank has stated its goal of being the bank of reference for wealth management, serving both the personal and business…
The US dollar gains ground at the start of trading in Europe this Friday, but remains below its recent two-decade high, as expectations for a big interest rate hike in July fade. By 09:00 AM ET, it was up 0.1%…
For Berenberg, investors are facing a new era because “the era of liquidity is over, at least for now.” According to his analysis, stock markets have benefited since the 2008-2009 financial crisis from all the measures taken by the Federal…
the new law on measures to prevent and combat tax fraud came into force, which establishes that sicavs that do not meet the requirement that each of their at least 100 partners reach a minimum investment of 2,500 euros will…
where he was responsible for institutional business and alternative investments for Iberia. With the incorporation of him, the firm reinforces its investor relations team of the entity and which is led by Pedro Hamparzoumian. “The incorporation of Manuel to the…
Management as head of the new Multi-Manager Solutions team, an area in charge of managing fund mandates and investing in third-party funds for Credit’s different vehicles and portfolios Swiss Management. Until now, Iñigo was responsible for fund selection for Credit…
Thiel’s attack, during a bitcoin conference , comes as Buffett is one of the leading critics of bitcoin. He “is enemy number one” and heads the “list of enemies” trying to stop the cryptocurrency, he has assured, according to ‘CNBC’.…
The United States has imposed new sanctions on individuals and groups that have facilitated Russia’s war in Ukraine, the Treasury Department said on Thursday. The new sanctions target 22 individuals and two entities that furthered Moscow’s goals in Ukraine both…
It is the case of the missing moon. Scientists using data from NASA’s Cassini spacecraft and computer simulations said Thursday that the destruction of a large moon that got too close to Saturn would explain both the birth of the…
The rise to royal power of populist, anti-immigration Swedish Democrats following Sunday’s election has civil rights groups and many immigrants concerned about what the future may hold for a country long known for its tolerance and openness. Social Democrat Prime…
A U.S. State Department official pressed Venezuela’s President Nicolas Maduro at a congressional hearing on Thursday, threatening more sanctions if talks with the opposition are not resumed. seek to resolve the country’s protracted political and economic crisis. Talks between Maduro…
The Vatican told China that Pope Francis was willing to meet President Xi Jinping when the two were in the Kazakh capital, but Beijing replied that there was not enough time for a meeting. a Vatican source said on Thursday.…
Australian scientists have unearthed fossilized hearts and other internal organs from ancient armored fish, a discovery that sheds light on the evolution of the bodies of vertebrates, including humans. Researchers on Thursday described the heart of fish called placoderms that…
Colombian international James Rodríguez will play for Greece’s Olympiacos, the club announced on Thursday, where the midfielder will seek to recover his footballing level to return to his country’s national team. “Olympiacos FC announces the signing of another world soccer…
Ethereum meltdown has come and gone, leaving investors pondering what the next market trend might be. In a Cointelegraph Twitter (NYSE: TWTR ) space with Capriole founder Charles Edwards, the analyst mentioned that the excitement over the Ethereum merger and its bullish price action…
With crypto prices reeling this year, non-fungible tokens (NFTs) and other sub-ecosystem investors have also found themselves in the grip of a bear market. However, looking beyond the trading value of Ether (ETH), NFTs were primarily created to represent assets…
The President of the United States, Joe Biden, ordered the writing of more than a dozen reports when he published his Executive Order (EO) 14067 “Ensuring the responsible development of digital assets”. Five had a 90-day delivery date, and the last…
The European Central Bank, or ECB, has announced that it will collaborate with five companies to develop potential digital user interfaces for the euro. In an announcement on Friday, the ECB said it had chosen “Big Four” tech firm Amazon…
Ethereum native token Ether (ETH) has been forming an inverse cup and handle pattern since May 2021 on the weekly chart, hinting at a possible decline against Bitcoin ( BTC ). Weekly candlestick chart of the ETH/BTC pair with the breakout of the reverse cup and handle…
Currently, there seems to be a widespread assumption that when the value of the US dollar rises against other major world currencies, as measured by the DXY index , the impact on Bitcoin ( BTC ) is negative. Traders and insiders have been warning about this…
The Blockchain initiative, announced by the Nigerian government, to launch a national wallet to facilitate and enhance the international marketing of local artists, continues to add strategic allies. The launch announced in May, which already has the participation of Koibanx in…
MicroStrategy CEO and Bitcoin ( BTC ) advocate Michael Saylor reaffirmed his support for Bitcoin as he explained the issues surrounding transferring the value of physical property such as gold , stocks, or company equity and real estate during the Australian Crypto Convention. Speaking about the…
cryptoeconomics, the metaverse, NFTs and decentralized finance will take on a special role during the month of October, in Spain, in the Aragonese capital. BDZ, Blockhain Expo and DeFi Congress, will take place between October 26 and 27 at the Palacio…
The inclusive cryptocurrency ecosystem has become home to numerous A-list celebrities over the years – primarily fueled by the non-fungible token (NFT) hype of 2021. However, despite the prolonged market bearish and the obvious fall in cryptocurrency prices, celebrities continue…
Dogecoin (DOGE) puede estar de vuelta en el top diez de criptomonedas por capitalización de mercado, pero sus pérdidas en términos de USD y Bitcoin (BTC) desde la aparición de Elon Musk en SNL son considerables. Dogecoin pierde el efecto Musk El…
iPhone 14 models contain a Qualcomm Inc (NASDAQ: QCOM ) chip that can communicate with satellites, but have more custom-designed Apple Inc (NASDAQ: AAPL ) components used in the biggest new iPhones . of the phone, according to an analysis of the phone by iFixit and a…
The Ethereum Merge that attracted everyone’s attention was successfully completed, and after that it is clear to the community and developers that there is much more to think about, now that Proof of Stake (PoS) is their new consensus mechanism.…
Following the instructions of the President of the United States, Joe Biden, the Office of Science and Technology Policy (OSTP, for its acronym in English) presented a report that analyzes the design options of 18 systems of digital currencies issued…
A quick glance at Twitter (NYSE: TWTR ), any investment-themed social media investment club, or Reddit will quickly find a handful of traders who have excelled tremendously over the course of a month, a semester, or even a year. year. Believe it or…
proof-of-work fork as the exchange offers its user base a post-merger trading experience. The successful transition of Ethereum Merge from proof-of-work to proof-of-stake, which took place this week, represents a milestone in the evolution of the digital token economy. The Fusion has…
BNB, the native token of Binance’s BNB Chain, entered a symmetrical triangle formation on Aug. 10, when it first challenged the descending trendline at $335 resistance. The ensuing five weeks have been one It struggles around $280, the exact intersection…