Recent Posts

‘German recession seems to be inevitable’

Bloomberg Investors consider an economic recession in Germany inevitable, according to Sentix. An index measuring current conditions and expectations for Europe’s largest economy fell to its lowest level in almost a decade, according to a survey. A similar gauge for the euro area dropped to lowest since 2014. The data suggest that de-escalating tensions between the US and China at ...

Read More »

US, Europe getting more anxious about batteries shortages for EV

Bloomberg Automakers to trading houses from North America to Europe are becoming more concerned about future supply shortages of key materials needed for electric vehicle batteries as spending on new production soars, according to the developer of a $1.5 billion project in Australia. More than a dozen parties have now expressed interest in taking up as much as a 50 ...

Read More »

Milan’s real estate prices surge as billionaires buy in

Bloomberg Real estate investors from Azerbaijan’s sovereign wealth fund to Blackstone Group Inc and UBS Group AG are cashing in on a surge in demand for prime Milan offices that’s pushing prices to new highs. A lack of development in Italy’s financial capital is driving up rents just as a scarcity of prime real estate in some western European cities ...

Read More »
Send this to a friend