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• Deutsche Bank reported its highest Q3 pre-tax earnings since before the financial crisis, lifted by rising interest rates. Germany’s largest lender more than doubled its profit before taxes to €1.6 billion, the highest since 2006 and above expectations of €1.3 billion. All four divisions of the bank posted higher revenue, with its investment bank unit gaining market share in fixed-income trading. However: An already delayed key IT integration project in Deutsche’s ...Devamını Oku
27 Eki 2022
• Rishi Sunak officially became the UK's new PM after meeting King Charles III at Buckingham Palace and pledged to lead the country out of a profound economic crisis and rebuild trust in politics. Sunak then reshuffled his cabinet after many of Liz Truss's ministers resigned or were replaced. via Sky News Key names from the reshuffle: Jeremy Hunt will remain as chancellor, Suella Braverman is reappointed home secretary, and Penny Mordaunt remains as leader of...Devamını Oku
26 Eki 2022
• US mortgage interest rates climbed to their highest level since August 2008, data from the Mortgage Bankers Association showed, as the Federal Reserve pushes on with aggressively lifting borrowing costs to curb high inflation. The average contract rate on a 30-year fixed-rate mortgage rose by 27 basis points to 6.52% for the week ended Sept. 23, a level not seen since the financial crisis and the Great Recession.
29 Eyl 2022
• OPEC+ raised its oil production in the smallest increase since 1986 in absolute terms and the smallest ever increase in percentage terms, with only 100,000 extra barrels a day in September, despite months of diplomatic efforts from US President Joe Biden to help cool prices. There were no discussions about whether the cartel would keep increasing production in subsequent months, delegates said. The group meets again on Sept. 5. Paris: French utility EDF said cuts ...Devamını Oku
04 Ağu 2022
• Ukraine’s infrastructure minister Oleksander Kubrakov said it will take months for the grain exports to go back to prewar levels and relieve the global food crisis, even under the agreement with Russia to restart export from the Black Sea ports. The first ship carrying corn left Odesa on Monday to transport corn to Lebanon, but Kubrakov said he expects no more than five vessels to leave in the next two weeks. In other news: The Russian Supreme Court declared the U...Devamını Oku
03 Ağu 2022
• Russian missiles struck a port in Odesa on Saturday, a day after Kyiv agreed to a deal with Moscow under the mediation of the UN and Turkey to allow Ukrainian grain exports, in a bid to relieve the global food crisis. Ukraine said future Russian attacks would risk its efforts to export grains from its Black Sea ports. What they're saying: Russian defense officials insisted that the airstrike on Odesa hit only military targets , and the Ukrainian military confirmed...Devamını Oku
25 Tem 2022
• Military officials from Russia and Ukraine held their first face-to-face talks in months in Turkey to discuss a UN plan for getting blocked grains from Ukraine to world markets through the Black Sea. Ukraine's Foreign Minister Dmytro Kuleba said grain exports from his country's ports will not resume without security guarantees for ship and cargo owners, along with Ukraine as an independent nation. The Problem: Russia and Ukraine have traded accusations over the stu...Devamını Oku
14 Tem 2022
• French President Emmanuel Macron and German Chancellor Olaf Scholz spoke with Russian President Vladimir Putin on the phone for 80 minutes on Saturday, urging him to lift the blockade of Odesa to allow Ukrainian grain to be exported via the Black Sea and avoid a global food crisis . A step back: Italian PM Mario Draghi and Russian President Vladimir Putin had discussed ways to help ease the international food crisis on Thursday. The Kremlin said it was ready t...Devamını Oku
30 May 2022
• The EU agreed to step up its measures against Belarus , with a fifth package of sanctions targeting airlines, travel agencies, and individuals involved in “the illegal push of migrants”, top EU diplomat Josep Borrell announced. Borrell said vulnerable migrants were being exploited in a “hybrid war” that is “intensifying” and the EU further called on Vladimir Putin to put pressure on Minsk. Other efforts : German Chancellor Angela Merkel and Belarus leader Lukashe...Devamını Oku
16 Kas 2021