business

Market: Nigerian president refuses to approve sale of Exxon Mobil assets

ABUJA (Reuters) – Nigerian President Muhammadu Buhari has reneged on his original agreement to Exxon Mobil’s sale of its shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator s is pronounced against. Muhammadu Buhari had started on Monday by endorsing the $1.28 billion (€1.24 billion) deal, but the Nigerian Upstream …

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Richard Clarida returns to lead PIMCO after the Fed

The former Vice Chairman of the Board of Governors of the Federal Reserve is back as Managing Director and Global Economic Advisor. PIMCO, one of the world’s leading fixed income investment managers, announces that Richard Clarida, former Vice Chairman of the Board of Governors of the US Federal Reserve, will join PIMCO as Managing Director …

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Deutsche Telekom raises its targets after a strong second quarter

The first European telecommunications group Deutsche Telekom again raised its 2022 objectives on Thursday after a second quarter supported by solid growth in mobile telephony activities in the United States. Net profit group share at the end of June stood at 2.4 billion euros (2.33 billion francs), an increase of 15.7% over one year, he …

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Zurich Insurance accelerates in the first half

Zurich Insurance improved its performance over the first six months of 2022, both in terms of premiums in the damage business and operational profitability. Management has confirmed that it is exceeding its medium-term ambitions, which are due to expire at the end of the year. In the Property and Casualty (P&C) business, gross premiums rose …

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Deutsche Telekom raises its targets after a strong second quarter

The first European telecommunications group Deutsche Telekom again raised its 2022 objectives on Thursday after a second quarter supported by solid growth in mobile telephony activities in the United States. Net profit group share at the end of June stood at 2.4 billion euros (2.33 billion francs), an increase of 15.7% over one year, he …

Deutsche Telekom raises its targets after a strong second quarter Read More »

Zurich Insurance accelerates in the first half

Zurich Insurance improved its performance over the first six months of 2022, both in terms of premiums in the damage business and operational profitability. Management has confirmed that it is exceeding its medium-term ambitions, which are due to expire at the end of the year. In the Property and Casualty (P&C) business, gross premiums rose …

Zurich Insurance accelerates in the first half Read More »

Increase in bankruptcies in Switzerland in July

The number of registered bankruptcies increased by 26% to 600, against 477 a year earlier. As for new registrations in the commercial register offices, they fell by 5% to 4219. The number of bankruptcies in Switzerland increased in July 2022, in annual comparison. At the same time, new registrations in the commercial register experienced a …

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How ESG criteria reduce thematic and cyclical risks?

The investment process of the Global Fixed Income team at Liontrust incorporates ESG factors because we believe they improve any long-term investment and maximize our chances of lending to a company across the board. cycle. It also has the effect of minimizing default risk and transaction costs, two of the main ways clients lose money …

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the United States lifts the veil on its plan to counter China

“Cutting Costs, Creating Jobs, Strengthening Supply Chains and Countering China”. The title of press release published on Tuesday, August 9 on the website of the presidency of the United States is enough to take the measure of the law on semiconductors and science signed the same day in the gardens of the White House by …

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