Newsletter
Mixed US economic data fuels recession fears on Wall Street
Investor fears that the US economy is overheating are giving way to recession fears as analysts fear the Federal Reserve's rapid monetary tightening could stall growth. Markets are pricing in an aggressive stance for Fed rate hikes in the coming months, while …
Elon Musk's Twitter deal fell through
Elon Musk has told Twitter that he intends to end his agreement to buy the social media giant for $44 billion. He accuses Twitter of posting "false and misleading" information about the number of fake and spam accounts. Musk's attempt to get out of business …
Boris Johnson wants to step down as Prime Minister as the government collapses
Boris Johnson is due to step down as Britain's Prime Minister on Thursday after more than 50 members of his government resigned over the past two days, undermining his political authority.
Former top Wirecard accountant admits falsification of documents for KPMG special audit
Wirecard's former head of accounting has admitted to forging documents requested by KPMG as part of a special audit ahead of a trial later in the year.
Putin orders transfer of Sakhalin-2 gas project to Russian company
Wladimir Putin hat die Übertragung aller Rechte am Sachalin-2-Erdgasprojekt an ein russisches Unternehmen angeordnet. Dies könnte ausländische Investoren wie Shell, Mitsubishi und Mitsui dazu zwingen, sich von dem Projekt zurückzuziehen.
Chinese stocks face biggest monthly gain since 2020
Chinese stocks are on course to post their biggest monthly gain in nearly two years as investors bet the worst of the country's lockdown-induced economic shock and sweeping crackdown on the tech sector is over.
US strengthens military presence in Europe as part of NATO reinforcements
In response to Russia's invasion of Ukraine, the US will significantly increase military deployments in Europe with additional troops and weapons, as part of the largest NATO defense build-up since the Cold War.
X1 Entertainment is changing the game for investors
The global gaming industry has seen explosive growth over the last few years. In fact, the gaming industry alone earned more revenue in 2019 than the entire film and music industries, combined.
NATO wants to strengthen defenses of the Baltic States against Russian threats
NATO will agree to revise its battle plans to better protect the alliance's eastern flank. This overturns a model that, in the event of a Russian invasion, would have meant the surrender and subsequent reconquest of the Baltic States.
Tui boss Fritz Joussen quits
Fritz Joussen will step down after nine years at the helm of Tui. He has guided Europe's largest tour operator through a difficult merger and the aftermath of the Covid-19 pandemic.