The poison pill didn’t work. On 25 April, neo-libertarian futurist Elon Musk closed a 40-billion plus deal to take...
Tag Archive for: april 26 2022
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Overview: As we have detailed for nearly two years, inflation across the globe was on the rise despite the...
After raising prices 5.2 percent in this year’s first quarter, international food conglomerate Nestlé reported a 7.6-percent gain in...
Japan’s Honda Motor Co. plans a ¥5-trillion investment, about $40 billion, over the next 10 years to create 30...
Western battery companies, car makers, and governments have failed to develop adequate sources of lithium, leaving auto companies unable...
Share values for Deutsche Bank and Commerzbank, Germany’s two biggest lenders, dropped more than 10 percent after investors sold...
An immediate and complete ban on all Russian natural gas from Europe would cost Germany’s economy €165 billion, the...
Italy’s sovereign debt has grown 2.1 percent since December, adding about €59 billion to reach a record total of...
Galloping inflation, rising interest rates, and geopolitical turmoil are likely to shrink the number of deals Blackstone Group, the...
Several of Libya’s oilfields and export terminals have been blockaded by protesters calling for prime minister Abdul Dbeibeh to...
Deloitte Touche Tohmatsu, one of the world’s so-called “Big Four” accounting and business consulting firms, is giving up a...
On 15 April, the euro fell below €1.08 to the dollar for the first time since May 2020 as...
Russia plans legal action to gain access to about $300 billion—roughly half of its foreign currency reserves—frozen in Western...
The Japanese yen slid 1 percent against the dollar on 19 April to 0.007 cents, extending its losses for...
Germany’s producer prices—the prices factories charge for their products—rose 30.9 percent in March compared to a year earlier, according...
A range of indicators in China, Japan, South Korea, and Taiwan show the region’s economic activity being dragged down...
About one in four emerging nations that owe debt payments in hard currencies such as dollars or euros now...
To cope with the global economic crisis sparked by Russia’s war in Ukraine and resulting sanctions, the World Bank...
Although China’s first-quarter economic growth of 4.4 percent this year matched the previous quarter’s expansion, most of that growth...