Business Credit Suisse sold two billion dollar worth shares of Archegos Capital Management Credit Suisse sells about two billion dollars in shares linked to the troubled Archegos Capital Management. This is what news agency Bloomberg wrote on Wednesday based on sources. On Tuesday evening, … Read More
Politics Ehm-moment: Von der Leyen humiliated by Erdogan (or was it multiculturism in action?) European Commission President Ursula von der Leyen is downright humiliated by Turkish president Erdogan, who did not set up a chair for her at a summit meeting in Ankara on Tuesday. Brussels is curren… Read More
Credit Suisse sold two billion dollar worth shares of Archegos Capital Management 14 Apr 2021 Credit Suisse sells about two billion dollars in shares linked to the troubled Archegos Capital Management. This is what news agency Bloomberg wrote on Wednesday based on sources. On Tuesday evening, blocks of shares Discovery and iQiyi were offered, a source said. With this, the Swiss investment bank would follow other banks, which closed Archegos ‘ positions massively after the …
Good forecast for ArcelorMittal came from UBS 12 Apr 2021 UBS has raised the price target for ArcelorMittal from 25.00 to 30.00 euro, while maintaining the buying advice, based on record steel prices. This was revealed on Monday by a report from the Swiss bank. Steel prices have increased substantially since February this year, thanks to strong recovery demand after the coronavirus crisis, low stocks and high iron ore costs. …
ECB sees nothing more than the fog of war with crisis ahead 9 Apr 2021 The European Central Bank sees a lot of uncertainty about the short-term growth expectations for the euro area. This was clear from the minutes of the last meeting of the ECB on Thursday. According to policy makers, economic development depends on how the coronavirus pandemic develops. In the minutes, the ECB pointed to the slow vaccination roll-out in the euro …
Ehm-moment: Von der Leyen humiliated by Erdogan (or was it multiculturism in action?) 8 Apr 2021 European Commission President Ursula von der Leyen is downright humiliated by Turkish president Erdogan, who did not set up a chair for her at a summit meeting in Ankara on Tuesday. Brussels is currently doing everything in its power to prevent such a painful situation from ever occurring again ‘anywhere in the world’. On social media, not only the Turkish …
Italian politicians put pressure on Euronext 7 Apr 2021 Italy wants to secure more collateral when Euronext takes over Borsa Italiana. Italian politicians want the Milan Stock Exchange to be given more independence and decision-making powers in the new combination and, according to Bloomberg, urge Rome to delay the acquisition until these concessions are in place. In October last year, London Stock Exchange Group agreed with Euronext to sell …
France goes to full jealous mode after TV exposed lavish restaurant life 5 Apr 2021 While the normal Frenchman has to give up his joie de vivre, French ministers feast on lavish delicacies in a royal setting. That was revealed by undercover footage taken by journalists. “You may proceed. There is no corona here”, a butler in a neat costume tells one of the guests in the Baroque-looking decor full of gold leaf, with champagne …
