– German Pfandbriefbank Earnings before taxes in the third quarter amounted to 75 million euros. – (Photo: dpa) – – – – Deutsche Pfandbriefbank AG stops refinancing hotels and shopping centers. The risks here are particularly high due to the corona crisis and looming sales losses due to government lockdown measures. “PBB has not made … Read more
– Finma-Logo Finma recently announced that it would be scrutinizing Swiss banks in connection with the Danske Bank scandal. – (Photo: Reuters) – – – – Zürich The Swiss Financial Market Authority (Finma) warns of the effects of the corona crisis on banks and insurance companies in the country. Thanks to the liquidity and capital … Read more
– These are the results of representative surveys by the Family Businesses Foundation, which were collected by the Munich Ifo Institute for the Foundation’s annual monitor. For the study, which is available to the German Press Agency, 2,452 companies were surveyed from May to June. In October, 1,104 companies from this group took part in … Read more
Port of Hamburg “The realization that the virus cannot be stopped at the borders has prevailed,” says Anton Börner. – (Photo: dpa) – – – – Berlin The new restrictions to combat the corona pandemic are appropriate from the point of view of wholesale and foreign trade. The measures are “consistent and correct,” said Anton … Read more
– In view of the persistently grave economic situation, the central bank decided to stick to its extremely relaxed monetary policy. With the BoJ’s decision, Japanese commercial banks can still get money from the central bank almost free of charge. Loans for business investments and for consumers should remain cheap. The third largest economy in … Read more
Michael Hüther The author is the director of the Institute for German Economics. – (Photo: dpa) – – – – Germany fears a second lockdown. The positive revision of the economic forecasts over the summer threatens to become obsolete. The actors seem to be trying at their respective levels to avoid such extensive shutdowns as … Read more
– It could be some time before the optimists dare to return to the market, wrote market analyst Neil Wilson of the trading house Markets.com. You might even choose to wait until after the US election in early November. The leading Eurozone index EuroStoxx was 0.45 percent lower at 3,091.31 points late in the morning, … Read more
– Specifically, Italy initially received 10 billion euros, the first tranche of a committed sum of 27.4 billion. Spain initially received 6 out of 21.3 billion and Poland received 1 billion out of 11.2 billion. A total of 87.9 billion euros has been agreed to be paid out to 17 countries under Sure. The lid … Read more
Subscribe to receive the most important news – – Dr. Mustafa Mohammadi, Director General of Vaccera vaccinations, confirmed that there are similarities and differences between influenza and the emerging corona, indicating that seasonal flu and Covid-19 may be associated with different degrees of symptoms and signs of disease. Muhammadi explained that the similar symptoms are: … Read more