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EU has ways to learn to live with less gas | Hellenic Shipping News Worldwide

EU has ways to learn to live with less gas | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Volkswagen AG (VWAGY) Management on Q2 2022 Results - Earnings Call Transcript

Volkswagen AG (VWAGY) Management on Q2 2022 Results - Earnings Call Transcript
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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ECB has central banking s hardest juggling act | Hellenic Shipping News Worldwide

Global central bankers face the challenge of curbing high inflation without stifling growth. That’s hard enough. But European Central Bank President Christine Lagarde has an extra ball to juggle. She must also ensure the differences in bond yields between euro zone countries don’t widen to levels that undermine monetary policy, or even pose an existential .

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Turkey spends money it doesn t have

Minutes before President Tayyip Erdogan delivered a speech renouncing high interest rates once again, the Turkish central bank said it was selling dollars to support the lira. The bank has $25 billion of net reserves as of November, down from $28 billion the month before. But that includes another $48 billion of swaps from local banks, without which reserves are firmly in negative territory.

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Vitol makes cheeky move on London fuel laggard

Commodity trader Vitol is buying out minority shareholders in Vivo Energy , a London-listed group that sells fuel in Africa. The 139 pence per share offer, which values the firm at $2.3 billion, is a 25% premium to Vivo’s undisturbed price, but still below the 165 pence at which it listed in 2018. Vitol, which currently has a 36% stake, was one of the selling shareholders back then, with a 54.9% holding.

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