The decline in crude oil prices has led to a trend reversal in the energy market this year: while many power companies have recently raised their profit forecasts, the major oil companies suffered massively from the recent drop in crude oil prices. Meanwhile, in the effort to reach climate targets, the trend toward renewable energies continues unabate
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E-vehicles boom unbroken
The automotive industry is slowly regaining momentum after the pandemic and supply bottlenecks. E-Vehicles are experiencing a real boom. How can you profit as an investor?
Economy in Japan growing again
The economy in Japan emerged from recession in the first quarter. Several important economic indicators signal an upswing after the Corona crisis and the Japanese benchmark index Nikkei also rose steadily recently.
Inflation in Europe likely to have peaked
Inflation data in Europe recently showed a surprisingly significant slowdown. The decline in energy prices in particular had a dampening effect. Read our latest blog post to find out about the current inflation in the individual EU countries.
Germany slides into technical recession: What does that mean?
The German economy slipped into a technical recession in the first quarter. What does this mean for the largest economy in the euro zone and what is a technical recession?
IT-Giants focus on Artificial Intelligence
The cloud business of the leading tech companies continues to boom. However, many see the future primarily in the potential applications of artificial intelligence. With billions in investments, Google parent Alphabet and software giant Microsoft want to take a leading role in the trendy topic of AI.
Eastern Europe Economies Outperforming the Eurozone
The Vienna Institute for International Economic Studies sees the economies of Eastern Europe on a growth path. The bottom seems to have been reached. Now investing in the region’s leading companies?
Türkiye: President Erdogan Focuses on Economic Issues in Election Campaign
The hot phase of Turkey’s election campaign has begun, with parliamentary and presidential elections to be held simultaneously in the country on 14 May. In addition to the consequences of the earthquake disaster in early February, the Turkish citizens are also suffering from the massive inflation.
OPEC+ announces surprise oil production cut
The OPEC+ oil cartel’s member countries surprised the markets with an unexpected production cut announcement early this week, causing a surge in crude oil prices. The cuts were a “precautionary measure aimed at supporting the stability of the oil market,” OPEC+ said.
French President Macron Pushes Through Controversial Pension Reform
France’s controversial pension reform is about to be signed off. In the past week, protests against the reform have become more massive.