Kategori: Finance
Portfolio changed drastically: These changes have "The Big Short"-Investor Michael Burry implemented in Q2 2023
Investor Michael Burry is best known for his short bet against the US housing market. The trading strategy brought him millions in profit after the real estate bubble burst in…
US consumer sentiment clouded over in August
WASHINGTON (Dow Jones)–US consumer sentiment weakened in August. The University of Michigan US consumer sentiment index fell to 69.5 in the month-end survey from 71.6 at the end of July.…
Habeck pushes for impulses for investments
By Andreas Kissler BERLIN (Dow Jones) — Federal Minister of Economics Robert Habeck (Greens) has called for measures to increase investment in view of the latest economic data. “We continue…
Globalfoundries reports concerns about state aid for TSMC in Dresden
FRANKFURT (Dow Jones) — The US chip manufacturer Globalfoundries sees a distortion of competition in favor of the Taiwanese world market leader in view of the federal government’s planned billion-euro…
WDH/SHARE IN FOCUS: Watches of Switzerland with price slump due to Rolex deal
(wording smoothed in first paragraph) FRANKFURT (dpa-AFX Broker) – The shares of the watch dealer Watches of Switzerland (The Watches of Switzerland Group) fell by up to 30 percent on…
Fourth decline in a row: ifo index fell more sharply than expected in August
The business climate in Germany clouded over more than expected in August, which was partly due to the assessment of the situation and business expectations. The ifo business climate index…
Economic calendar: Spotlight on Powell’s speech
08:44 August 25, 2023 The European stock market indices will open slightly weaker today. This is in reaction to weak trading on Wall Street yesterday and in Asia Pacific earlier…
TUI share: TUI opens the doors to the new group headquarters in Hanover
The travel group TUI opens its new corporate headquarters in Hanover on Friday. The “TUI Campus” at the previous headquarters of TUI Germany had been under construction for two years.…
Press comment: ‘Nordbayerischer Kurier’ on industrial electricity price
BAYREUTH (dpa-AFX) – “North Bavarian Courier” on industrial electricity prices: “The truth is that if you help some, you will offend others. There will be no solution that everyone will…
Mining Heating: Alternative Heating Concepts for Crypto Enthusiasts
Living sustainably does not only mean having to do without, but also refers to the efficient use of the available resources. A clever way is to use the waste heat…