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Business
JPMorgan is Doing Good Business with Mergers and Acquisitions Advice
The American bank JPMorgan Chase made considerably more money in the third quarter by advising on mergers, acquisitions and IPOs of companies.
In addition, it again benefited from the release of reserves that had previously been…
EU Removes Tropical Resorts From Tax Haven Blacklist
The EU's finance ministers are reviewing their blacklist of tax havens at a time when revelations about tax avoidance by prominent politicians such as Minister Wopke Hoekstra have once again sparked outrage. But the list is not getting…
Bitcoin Gains Value in A Short Time
The value of cryptocurrency bitcoin rose almost a tenth in a few minutes on Friday. As a result, the digital currency was traded for nearly 48,000 dollars. It is also the most significant daily profit in months.
It is not entirely…
Opel Factory to Close Until Early 2022 Due to Chip Shortage
Opel car brand will close a factory in Germany until early next year due to the significant lack of computer chips that the car sector has been struggling with for some time.
The plant in Eisenach in the state of Thuringia will…
Evergrande Wants to Sell 9.99 Billion Yuan Stake in Shengjing Bank
Troubled Chinese property developer Evergrande said it plans to sell a 9.99 billion yuan stake in Shengjing Bank on Wednesday.
Evergrande must pay 40.7 million euros in bond interest on Wednesday, a deadline that investors are…
Bundesbank: Strong Growth in German Economy in Third Quarter
The German economy will show strong growth in the third quarter of the year.
According to policymakers at the German central bank, Europe's largest economy will benefit from the unwinding of the corona restrictions, with the…
Fallen Car Magnate Ghosn Wants to Get Rid of Renault Shares
Carlos Ghosn, the former CEO of Renault and Nissan, is no longer a shareholder in Nissan and also wants to get rid of his Renault shares. He let us know now that the reissue of his memoirs is being published.
According to Ghosn,…
Chinese Real Estate Giant Evergrande Tries to Calm Things Down: We Have Agreed to Pay Off Debt
Chinese real estate giant Evergrande says it has an agreement with investors to repay interest owed. The deadline for that refund was tomorrow. Evergrande is on the brink of bankruptcy, and that is weighing on the stock markets worldwide.…
New York Stocks Higher After Recent Price Declines
Stock markets in New York opened higher on Monday, after the recent declines in the US leading indicators. Bargain hunters seem to be hitting Wall Street.
Apple managed to recover from Friday's minus when the stock was lowered due…
Germany Wants Seven Years of Updates and Parts for Smartphones
Europe is working on rules that oblige tablet and smartphone makers to provide (security) updates and spare parts for five years. But Germany wants more.
The new rules fit in with the stricter environmental regulations for the…