Lufthansa to Raise $2.5 Billion - This is to Repay State Bailout Funds

Lufthansa to Raise $2.5 Billion – This is to Repay State Bailout Funds

(Bloomberg) – The Deutsche Lufthansa AG is proposing to raise funds to repay a portion of the German Government bailout with 2.14 billion euros ($2.5 billion) that were helpful for the entire country to fight against the pandemic caused by a coronavirus. A statement released on Sunday shared that the company will be using about … Read More

Evergrande says - Six execs redeemed investment products in advance

Evergrande Says – Six Execs Redeemed Investment Products in Advance

BEIJING (Reuters) – Earlier this year, six executives from Evergrande had redeemed some investment products from the company in advance. The heavily indebted company reported the news on Saturday. The six executives from the company made their early redemptions from 12 of the investment products between May 1st and Sept 7th, which was stated clearly … Read More

Casinos and Evergrande - Crisis Renew Worries Over China Stocks

Casinos and Evergrande – Crisis Renew Worries Over China Stocks

(Bloomberg) – Beijing has placed a lot of strict measures on Macau casinos for which Chinese stock is suffering at the worst in a month within a week. The Casinos and Evergrande Group in China fears the collapse due to the investment put forward in that equity market of the country. With Hong Kong’s Hang … Read More

ECB's Lane - inflation target may be met by 2025 - report

ECB’s Lane – Inflation Target May Be Met By 2025 – Report

FRANKFURT (Reuters) –Philip Lane, a chief economist of European Central Bank (ECB), revealed that ECB is expecting inflation of 2% by the end of 2025 while talking to a German economist in a private meeting, the Financial Times shared these stats on Thursday in the report that was disputed by the bank. The report has … Read More

Citi hires Milovanovic - head Americas financials M&A group

Citi hires Milovanovic – head Americas financials M&A group

NEW YORK (Reuters) – Citirgroup Inc hired Milovanovic to lead the investment banking unit to keep a check on acquisitions and the change formed with the act of mergers by a financial institution in the USA. This was reported by Reuters on Thursday, according to an internal memo. A Citigroup spokesperson confirmed that co=head of M&A, … Read More

Is XVG a Profitable Investment? Learn All That an Investor Shall Know About XVG

Cryptocurrency has been created for different purposes. Some users choose virtual money to diversify their assets. Others try cryptocurrency for fun. But there are also people who need to use digital coins for the perks of anonymous transactions. It’s a well-known fact that most coins are based on blockchain technology, making it the best option … Read More

Short-Term and Long-Term Linda Coin Price Prediction

This article will delve into the basics of Linda coin, explain how it works, and list its pros and cons. We provide an expert price prediction for the long and short terms. Linda Coin Price Prediction: 2021, 2022, and Beyond Cryptocurrency markets are rallying once again, where bitcoin is leading the charge at the beginning … Read More