Newsletter

The EU has decided that, from 2035, no new cars will be allowed to be sold that run on gasoline or diesel. The decision was made after long negotiations between EU states and the European Parliament. Germany had delayed confirmation of the decision in order to …

The World Bank is warning of a "lost decade" for global economic growth unless drastic action is taken to boost labor, productivity and investment. A new World Bank report predicts that global economic growth will fall to a three-decade low averaging 2.2% per …

European bank stocks are losing massively in value, and Deutsche Bank and Commerzbank are particularly affected. The rise in the price of hedges against payment defaults is particularly striking, further increasing nervousness among bank investors. Deutsche …

TikTok CEO Shou Zi Chew has denied allegations that the company shared U.S. users' data with China shortly before a hearing in the U.S. Congress. In written testimony, Chew stressed that TikTok has never shared U.S. users' data with the Chinese government or …

The financial markets have been extremely nervous in recent days due to the crisis of confidence in the banking sector. The recent collapses in the banking sector have led to the question of what contagion risk still emanates from these problems. However, some …

First Republic, a regional bank in California, is in a difficult situation due to liquidity problems and heavy losses on the stock market. In order to strengthen confidence in the U.S. financial system, eleven major banks have now joined forces and provided a …

On March 15, gold prices rose more than 1% to their highest level since early February. The crisis in the banking sector has discouraged investors from buying riskier assets, driving them instead to the safe haven of bullion.

The European Commission is proposing changes to electricity market rules to increase the use of fixed-price electricity contracts, protect consumers from price volatility and accelerate the transition to renewable energy. Last year, the European Union …

Porsche successfully closed 2022 with a jump in profits thanks to higher prices. The sports car manufacturer reported a 13.6 percent increase in sales to 37.6 billion euros, and operating profit rose by 27.4 percent to 6.8 billion euros last year. The return …

The European Commission has unveiled a new raw materials law to help reduce the EU's dependence on critical raw materials from third countries such as China. Under the law, at least 10 percent of strategic raw materials are to be mined within the EU by 2030, …