Browsing Category
Business
Siemens Raises Expectations Again After Strong Order Growth
The German industrial group Siemens has again raised its expectations for the full fiscal year thanks to strong order growth.
Siemens thus seems to be reaping the benefits of the major strategic reorganization of its activities,…
Read More...
Read More...
Asian Stock Markets Mixed Ahead of Chinese Data
The major equity markets in Asia showed a mixed picture on Monday. Investors processed Friday's mostly lower closing positions on Wall Street, where a disappointing US consumer confidence figure weighed down sentiment.
Concerns…
Read More...
Read More...
Investment Fund Soros Sells Interest in Tesla and Shares in Rivian
The investment company of multi-billionaire George Soros has sold its entire stake in electric car maker Tesla and most of its shares in rival Rivian Automotive.
This emerged from a report by Soros Fund Management to the American…
Read More...
Read More...
Wall Street Searching for Inflation Rate, Airbnb Down After Figures
Airbnb fell sharply on the stock exchanges in New York on Wednesday. The home rental platform performed better than experts expected last quarter, but the outlook for the current quarter was disappointing.
As a result, the stock…
Read More...
Read More...
First International Tender for European Gas Launched
Europe is launching an international tender for the joint purchase of gas for the first time. It concerns 77 companies from the EU and other European countries that want to buy gas for a total volume of 11.625 billion cubic meters (bcm).…
Read More...
Read More...
Nintendo Foresees Further Declining Sales of Switch Game Computers
Games company Nintendo expects to sell considerably fewer Switch game computers this year than in the previous year.
The company behind Mario and Pokémon expects to be able to sell 15 million of those devices in the financial year…
Read More...
Read More...
German Recession Threatens After Decline in Industrial Production
Germany's industrial production fell much more than expected in March. This was mainly due to a weak performance in the country's important auto sector. The weakening production is fueling fears that the largest economy in Europe is still…
Read More...
Read More...
Unexpectedly Many Jobs in the United States
The US labour market was tighter in April than economists had expected. Employers hired more people than in the previous month, while experts expected a decrease in new jobs. In addition, unemployment remained low, while a slight increase…
Read More...
Read More...