Bitcoin

Bitcoin fell to a near two-month low near $26,000

The bitcoin price plunged today to a nearly two-month low of nearly $26,000. The most famous cryptocurrency has been weakening for longer, with...
According to Nagel, inflation in the eurozone, while falling in recent months, remains too high. The European Central Bank (ECB) raised its key interest rate by a quarter of a percentage point to 3.75 percent last week.

Eurozone has not yet won the fight against high inflation, Bundesbank chief says

Further interest rate hikes will be necessary to combat high inflation in the eurozone. This was stated by the head of the...
PPF media

PPF increases stake in German media company ProSiebenSat.1 to 13.1 percent

PPF Group has increased its stake in German media company ProSiebenSat.1 Media from 12 percent to 13.1 percent. Reuters reported this, citing a...
Adidas building

Adidas slightly decreased sales, the company is still dealing with the end of cooperation...

Sales of the German sports footwear and clothing manufacturer Adidas in the first quarter fell by one percent year-on-year to EUR 5.27...
The bank has done well in bonds, commodities and currencies. Traditional investment banking and corporate advisory also performed well, as did private banking, which benefited from higher interest rates.

BNP Paribas doubles profit in the quarter thanks to the sale of its US...

French bank BNP Paribas has more than doubled its net profit year-on-year in the first quarter to EUR 4.44 billion (CZK 95...
British Petrol gas station

BP oil firm’s quarterly profit falls to $5bn, but beats estimates

British oil company BP's first-quarter net profit fell to $5 billion (CZK 107 billion) from $6.2 billion a year ago.The company also...
European Union flag

Inflation in the Eurozone rose slightly in April, reaching seven percent

The annual inflation rate in the euro area rose slightly in April to seven percent after five months of decline. This was quickly...
The eleven profitable quarters is the longest streak in positive numbers in at least a decade. "We have worked hard to achieve this stability," Deutsche Bank CEO Christian Sewing told employees in an internal memo.

Deutsche Bank boosts quarterly profit by eight percent thanks to higher interest rates

German financial institution Deutsche Bank increased its first-quarter profit by eight percent to 1.3 billion euros (CZK 30.5 billion). Revenues from higher...
International Energy Agency: One in five cars sold this year will be electric.

International Energy Agency: One in five cars sold this year will be electric

Around one in five cars sold this year will be electric globally. In a forecast published today, the International Energy Agency (IEA)...
Zurich

Switzerland’s largest bank UBS quarterly profit falls 52 percent to $1 billion

Profit at Switzerland's largest bank UBS fell 52 percent to about $1 billion (about CZK 21.2 billion) in the first quarter. The financial...

POPULAR

NEWS