Countries “furious” at the European Union’s reluctance to consider capping gas prices – Politico

Click play to listen to this article The European Commission has some explanation to do on Friday when the national energy ministers Meets To discuss ways to lower energy prices, several diplomats said. They want to know why Brussels has not yet clarified what the maximum price for imported natural gas might look like – … Read more

The best football coach in Europe is at war with FC Barcelona – Politico

Click play to listen to this article ISTANBUL – Barcelona’s financial players must face a crackdown, according to the most powerful executive in European football. In an exclusive interview with Politico, Qatari business magnate Nasser Al-Khelaifi, president of Paris Saint-Germain football club, said that the European Sports Federation is set to investigate Barcelona, ​​after its … Read more

Stocks drop, Chinese yuan tops 7.2 against the dollar

Chinese yuan at weakest level since 2008, dollar index strengthens The offshore and inbound Chinese yuan has breached 7.2 against the dollar, hovering at its weakest level since early 2008. The US dollar index also strengthened 0.33% to trade at 114.47. Japan Consumer Inflation May Fall in 2023: Bank of Japan Meeting Minutes Consumer inflation … Read more

Britain’s Emerging Markets Crisis – Politico

Timothy Ash is Associate Fellow in the Russia and Eurasia Program at Chatham House and Senior Sovereign Strategist at Bluebay Asset Management. For just one minute, imagine a country that has suffered from years of political instability. It has seen four prime ministers in just six years and three general elections over the past seven … Read more

Top Wall Street analysts say buy Caterpillar and Salesforce

Jim Umpelby, CEO of Caterpillar Inc. Adam Jeffrey | CNBC This year has been a tough year indeed, and 2023 doesn’t look much better, with the Federal Reserve forecasting economic growth of just 1.2%. Given this harsh outlook, investors will have to choose where their money will work carefully. To pick the right stocks, staying … Read more

The dangers and promises of quantum computing are approaching

The stark warning came from one of the tech world’s most prominent CEOs. Alphabet CEO Sundar Pichai told an audience at the World Economic Forum in Davos, Switzerland, three years ago that quantum computing has the potential to change humanity’s understanding of the natural world, enabling scientists to create new drugs and better batteries, among … Read more

European markets open to close, Bank of England and Swiss central bank interest rate decisions

US stocks opened mixed US stocks opened mixed Thursday after the Federal Reserve’s decision on Wednesday to implement it The third consecutive rise in the interest rate of 0.75%. The Dow Jones Industrial Average and the S&P 500 were hovering around the flat line in early trades, while the Nasdaq was down 0.2%. Karen Gilchrist … Read more

FedEx’s warning reflects both the global economy and internal shortcomings

A FedEx worker makes deliveries on September 16, 2022 in Miami Beach, Florida. Joe Riddell | Getty Images FedEx He warned of weak global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems reflect internal company flaws or a broader economic diagnosis. CEO Raj Subramaniam cited … Read more

European stocks open to close; Markets brace for more Fed rate action

US stocks open higher US stocks opened higher with investors Looking forward to an announcement of a possible rate hike from the Federal Reserve later on Wednesday. The Dow Jones Industrial Average rose 0.3% in early trade, while the S&P 500 gained 0.4%. The Nasdaq also rose 0.2% in early trading. Karen Gilchrist Stocks on … Read more

European companies are rethinking their plans for a “closed” China

China’s Ministry of Commerce said on Monday that foreign direct investment from Germany to China grew by about 30% in the first eight months of the year compared to last year. Vcg | China Optical Group | Getty Images BEIJING – European companies in China are reassessing their market plans after this year’s Covid controls … Read more