Deutsche Bank Seeking a “Guarantee of Existence” with Monster-Merger? by Don Quijones • Mar 27, 2019 • 26 Comments Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank.
What FedEx Just Said About Europe and China by Wolf Richter • Mar 19, 2019 • 52 Comments “Asia volume weakness, which we experienced during peak season, deepened post Chinese New Year.”
Views of “Current Economic Conditions” in Germany Drop to Euro Debt-Crisis Level by Wolf Richter • Mar 19, 2019 • 68 Comments But expectations & hopes for the next 6 months rise to less negative.
Just Get Brexit Over With? Businesses Fear Prolonging the Uncertainty by Don Quijones • Mar 18, 2019 • 35 Comments “In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.”
Outsourcing Giant Interserve with 65,000 Employees Collapses by Don Quijones • Mar 15, 2019 • 37 Comments Shareholders wiped out, 14 Months after competitor Carillion Collapsed.
Transition to Cashless Society Could Lead to Financial Exclusion and System Vulnerability, Study Warns by Don Quijones • Mar 14, 2019 • 68 Comments “Serious risks of sleepwalking into a cashless society before we’re ready – not just to individuals, but to society.”
Toll-Road Giant Abertis Just Doubled its Debt to €22 Bn to Pay a Special Dividend to the Companies that Acquired it Last Year by Don Quijones • Mar 12, 2019 • 23 Comments The acquisition created world’s biggest toll-road operator. But it was costly.
State of the World’s Biggest Debt Slaves: Americans Wimp Out in 11th Place by Wolf Richter • Mar 9, 2019 • 131 Comments And where do Chinese consumers fit in?
US Dollar Hits 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate by Wolf Richter • Mar 7, 2019 • 46 Comments The real worry is the economy in the Eurozone.
US is Cleanest Dirty Shirt Among Manufacturing Giants. China, Japan & Germany Sink by Wolf Richter • Mar 3, 2019 • 56 Comments The four account for 58% of global manufacturing value added. And the big exporters are getting hit.