After the oil price climbed to its highest level since 2008 in the previous week, the countries want to end their dependence on Russian oil and natural gas supplies.
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Transition to EVs is the Automotive Industry’s Hope for Beating Chip Crisis
The automotive industry is slowly recovering from the shortage of semiconductors in 2020 and 2021. The European car manufacturers recently presented more positive figures. The switch to electromobility is now in full swing.
Turbulent Week for Tech Giant Shares
US technology stocks have been subject to high fluctuations recently. Facebook reported significant share price losses. In contrast, Apple, Alphabet, Microsoft and Amazon delivered solid figures. The technology sector should continue to grow in the future.
Gas and Oil Prices Continue to Soar
Energy prices are going through the roof at the moment. The causes are both political and economic. Shares in the energy and commodities sector offer potential for further price increases.
Second Pandemic Year Ends With Strong Gains for Stock Markets
For the world’s stock markets, the second year of the coronavirus pandemic ended with partly spectacular gains. Which stock markets were the best in 2021? One thing should be said in advance: The Vienna Stock Exchange was among the top performers
New German “Traffic Light” Coalition Launches Climate and Economic Programme During Difficult Phase
Germany’s first federal government coalition of the Social Democratic Party (SPD), the Free Democratic Party (FDP) and the Green Party – called the “traffic light” coalition for the parties’ traditional colours – has now been in office for just under two weeks and is starting its planned renewal programme at the most difficult time imaginable. The train towards climate protection and renewable energies is picking up speed.
Black Friday and Cyber Monday Kick off the Year’s most Important Retail Season on Friday
On November 26, the traditional “Black Friday“ of discount deals in the US and many other countries officially kicks off the immensely important Christmas shopping season for many industries. However, with the trend towards online shopping accelerating with the Corona pandemic, how will this turn out this year?
Japan’s Prime Minister Kishida Promises Economic Stimulus Programmes to Combat Corona Crisis After Election Victory
The parliamentary elections in Japan confirmed Prime Minister Fumio Kishida’s pro-business course. Will the stock market gain new momentum?
Continuing Oil Price Rally Leads to new Multi-Year Highs
Crude oil prices continued to soar in the past week. The background to the oil price increases lies in the rising demand for oil combined with the ongoing economic recovery and fears of tight supply. The price surge in recent days was triggered by a drop in oil reserves reported by the US government on Wednesday.
Network Outage and Whistleblower give Facebook Critics new Fuel for Fire
Two nearly simultaneous events surrounding social network behemoth Facebook have recently directed public attention towards the network’s impact and power, giving Facebook critics new momentum: After an outage of the most important Facebook services last Monday that lasted several hours, former Facebook employee and whistleblower Frances Haugen made serious accusations against the company before the US Senate the following day.