Recent Posts

It’s not just Deutsche Bank;German banking gloom in charts

  Bloomberg Deutsche Bank AG Chief Executive Officer John Cryan’s troubles range from the company’s mounting legal costs to stricter regulation that’s eroding returns. And there’s at least one challenge he shares with his German rivals: Europe’s most competitive market. “Deutsche Bank still has a lot to deal with, but the German market as a whole is pretty rotten,” said ...

Read More »

Analyst who foresaw crash sees OPEC uniting in self-interest

  Bloomberg OPEC members need to stop bickering over output curbs or risk the group becoming irrelevant to global oil markets, according to an analyst who predicted the biggest price crash in a generation. It’s in the interest of all producers to reach a deal that’s aimed at stabilizing prices, which are 61 percent lower than their 2014-highs, said Gary ...

Read More »

Egypt eases wheat checks once blocking imports on fungus

  Bloomberg Egypt made an official trade agency responsible for inspecting imported wheat, a step that could end disruptions in the purchases of world’s biggest wheat buyer by replacing quarantine officials who rejected several shipments this year for containing the ergot fungus. The General Organization for Export and Import Control, or GOEIC, will be the sole state body authorized to ...

Read More »
Send this to a friend