Mattoo Rani 889 posts

The loan of 400 million euros that the Italian government provided to the airline Alitalia in 2019 is illegal state aid, the European Commission has ruled. Italy must recover the money plus interest from the company. In May 2017,…
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The Chinese internet and game company Tencent has seen turnover grow slightly again in the fourth quarter after two-quarters of contraction in a row. However, over the entire year, the Chinese market leader in games and social media did see…
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The gold price is rising sharply due to the global unrest in the banking sector and the troubles surrounding Credit Suisse. As a result, the value of gold has risen to its highest level in more than a year. Investors currently see…
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Switzerland is considering full or partial nationalization of beleaguered Credit Suisse. That would be the only other viable option, apart from the Swiss bank UBS acquisition, insiders report to the Bloomberg news agency. UBS is in…
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US asset manager BlackRock, one of Credit Suisse's largest shareholders, is considering a bid for the beleaguered Swiss bank. This is reported by the British business newspaper Financial Times based on insiders, who indicate that…
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A strike at German airports again caused many disrupted and cancelled flights. Düsseldorf Airport expects that many of the 391 planned take-offs and landings cannot occur. At Stuttgart airport, no regular passenger flights can take…
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