Banking concerns exacerbated amid focus on Credit Suisse, sparking pronounced FTQ - Newsquawk US Market Open
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Page 6 - Watch Negative News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Watch Negative. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Watch Negative Today - Breaking & Trending Today
Stocks firmer though FX remains indecisive with geopolitics in focus - Newsquawk Euro Market Open
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Fortum-Uniper's bet on Europe gas dependence proves poor strategy
When Fortum, the Finnish state-owned energy company known for its Nordic hydro and nuclear power generation, launched its acquisition of Uniper—the German fossil-focused energy company spun out of E.ON—the transaction created one of the largest energy producers in Europe. The narrative since has been that the proverbial green knight Fortum would help Uniper clean up its act, and together they would become one of Europe’s leading clean energy companies.
Source: ieefa.org
IEEFA Europe: Fortum-Uniper's bet on Europe gas dependence proves poor strategy
When Fortum, the Finnish state-owned energy company known for its Nordic hydro and nuclear power generation, launched its acquisition of Uniper—the German fossil-focused energy company spun out of E.ON—the transaction created one of the largest energy producers in Europe. The narrative since has been that the proverbial green knight Fortum would help Uniper clean up its act, and together they would become one of Europe’s leading clean energy companies.
Source: ieefa.org
Developer stocks surge after China pledge: Evergrande update
But analysts cautioned that it may be too late to restore confidence in a sector hit by a wave of defaults.
Source: moneyweb.co.za