Business
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Broad Appeal to IMF for Extra Support for Poorer Countries
Poorer countries that are still struggling with the corona pandemic and its economic effects urgently need additional financial support. This is the opinion of ... -
Russian Car Sales Plummet Due to Western Sanctions and Boycott
Russian car sales plummeted last month due to Western sanctions against the country and a sharp fall in the ruble’s value. Most major car ... -
HP Sees Revenue and Profit Rise
Computer manufacturer HP announces net sales of USD 17 billion for the first quarter of 2022. That is an increase of 8.8 percent compared ... -
EU to Propose Larger Own Chip Production in February
The European Union will announce proposals for new laws at the beginning of next month to stimulate chip production on its soil. Ursula von ... -
Chip Shortages Hinder Sales of Company Cars
Due to chip shortages, commercial vehicle manufacturers sold fewer vehicles last month than a year earlier. Vans, in particular, were registered less often, the ... -
Nikkei Posts Solid Gains After Record Levels on Wall Street
The Tokyo stock exchange posted a solid gain on Tuesday. Investors took advantage of the positive mood on Wall Street, where the Dow Jones ... -
Unilever Addresses Rising Raw Material Prices in Data Update
Laundry and food group Unilever will publish its third-quarter results on Thursday. The focus will be on, among other things, the impact of the ... -
IMF Chief Economist Leaves and Returns to Harvard University
The chief economist of the International Monetary Fund (IMF) will leave the fund in January. Gita Gopinath, the first woman to hold this important ... -
Sources: Talks About the Acquisition of the Evergrande Real Estate Branch Suspended
Negotiations on a takeover of Evergrande’s real estate business by industry partner Hopson Development have been suspended. Information supplier REDD reports this based on ... -
Energy Shortages and Evergrande Slow Chinese Economy Growth
The growth of the Chinese economy fell sharply in the third quarter. This is partly due to energy shortages, which caused factories to partially ...
