World news

  • 08.01.2021
  • 112
  • Reuters.com
Commerzbank's new CEO raises its reserves for risks from the coronavirus pandemic to at least € 1.7 billion

FRANKFURT (Reuters) - Just a week after starting operations, Commerzbank's new chief executive on Friday wrote off € 1.5 billion ($ 1.84 billion) of goodwill from a German bank and raised pr...

Read more
  • 03.01.2021
  • 157
  • worldpropertyjournal.com
US Commercial Mortgage Debt Worth $ 3.8 Trillion In Q3

The Association of Mortgage Bankers' latest quarterly report on commercial / multi-unit mortgages shows that the level of outstanding debt on commercial / multi-unit mortgages in the United...

Read more
  • 03.01.2021
  • 153
  • worldpropertyjournal.com
In Hong Kong, sharp drop in office rents slows down in November

According to the latest real estate survey released by JLL this week, the drop in the office rental market in Hong Kong has eased in recent months as the initial phase of the sharp rent adju...

Read more
  • 03.01.2021
  • 119
  • Reuters.com
OPEC ready to regulate oil production growth - Barkindo

LONDON / MOSCOW (Reuters) - OPEC and its allies, led by Russia, are ready to adjust their plans to gradually increase oil production by 2 million barrels per day in the coming months, depend...

Read more
  • 22.12.2020
  • 121
  • everything-for-business.com
Tesla will enter the S&P 500 index, regardless of criticism

Tesla will join the US benchmark S&P 500 on Monday, giving millions of investors a stake in the electric vehicle maker.

Read more
  • 22.12.2020
  • 127
  • reuters.com
Apple shares rally after 2024 car release plan report

Apple Inc. shares surged 3% in pre-sale on Tuesday, a day after Reuters exclusively announced that the iPhone maker aims to launch a passenger car with its own battery technology by 2024.

Read more
  • 08.12.2020
  • 217
  • www.cnbc.com
CBRE says the US needs more warehouses to handle record returns this holiday and in years to come.

$ 70.5 billion of holiday purchases are expected to be returned this year, CBRE predicts. The surge in digital orders has created increased demand for warehouse space in the United States so...

Read more
  • 08.12.2020
  • 146
  • Reuters.com
Apple may block apps that don't comply with new privacy feature

Apple on Tuesday threatened to remove apps from its widely used App Store if they do not comply with a future private feature that allows users to block advertisers from tracking them in var...

Read more
  • 08.12.2020
  • 138
  • Bloomberg.com
Investors hope for German economic recovery after vaccine development

Investor confidence in Germany's outlook has improved in hopes that the introduction of the Covid-19 vaccine will accelerate the recovery of Europe's largest economy.

Read more
  • 15.10.2020
  • 140
  • everything-for-business.com
Germany shares lower at close of trade; DAX down 2.49%

The German stock market ended Thursday trading lower on the back of negative dynamics from the sectors of transport and logistics, telecommunications and software.

Read more
  • 15.10.2020
  • 138
  • everything-for-business.com
World Bank approves $ 12 billion in funding for viral vaccines and health

The $ 12 billion "package" is part of a broader World Bank package of up to $ 160 billion to help developing countries fight the COVID-19 pandemic, the bank said in a statement.

Read more
  • 08.10.2020
  • 176
  • everything-for-business.com
Office rents in Hong Kong fell in August. There is an increase in the number of new offices

According to the latest JLL Property Market Monitor released this week, the overall rental market for Class A office space in Hong Kong is declining at a more moderate level in August 2020 a...

Read more
  • 07.10.2020
  • 131
  • everything-for-business.com
European stocks unchanged as upbeat earnings dispelled US concerns over stimulus

European stocks hovered around a two-week high on Wednesday as upbeat earnings reports from Britain's Tesco (OTC: TSCDY) and Germany's Dialog Semiconductor helped offset uncertainty over a n...

Read more
  • 07.10.2020
  • 130
  • everything-for-business.com
In an effort to survive and recover, Malaysia's AirAsia X is proposing a massive restructuring plan.

AAX said it faces severe constraints on financial commitments, and since no return to normalcy is foreseen, "an imminent default on contractual obligations will accelerate the airline's pote...

Read more
  • 03.10.2020
  • 219
  • everything-for-business.com
Office real estate market will return to pre-quarantine level in 2025

The coronavirus hitting the office space market will surpass the financial crisis with a net loss of up to 95 million square feet of unoccupied real estate from the second quarter of 2020 to...

Read more
  • 29.09.2020
  • 183
  • everything-for-business.com
The study showed that Google's market power has grown despite the EU's order for fair play

BRUSSELS (Reuters) - American technology giant Alphabet Inc (O:GOOGL) Google has increased its market share in the three years since the EU competition authorities ordered it to stop favori...

Read more
  • 28.09.2020
  • 147
  • everything-for-business.com
Qatar Airways announces $1.9 billion in losses due to pandemic and boycott

Qatar Airways, reports a $1.9 billion loss of revenue over the past year, accusing the Coronavirus Pandemic of major losses, the elimination of Air Italy shares and the continuing boycott of...

Read more
  • 31.08.2020
  • 2231
  • businessbuysale.com
Brazil's Petrobras closes $1.5 billion deal to sell stake in African joint venture

Brazil’s state-controlled oil company Petroleo Brasileiro SA said on Tuesday it had ended its activities in Africa after closing the sale of a 50% stake in Petrobras Oil & Gas BV, which hold...

Read more
  • 31.08.2020
  • 3600
  • everything-for-business.com
Anglo American likely to confirm deal to buy Sirius ahead of deadline: sources

Anglo American Plc. is likely to confirm a deal to buy fertilizer company Sirius Minerals Plc. for more than $500 million excluding debt, ahead of an early February deadline to finalise its...

Read more
  • 31.08.2020
  • 1899
  • everything-for-business.com
Australia's Resolute to sell Ravenswood gold mine for $207 million

Resolute Mining Ltd. said on Wednesday it will sell its Ravenswood Gold mine for up to A$300 million ($207 million) to a consortium led by resource-focused private equity firm EMR Capital.

Read more