Gazprom Profit Affected By Ruble And Ukraine Crisis
Gazprom has faced tough market conditions that have been out of its control. It’s not news that Russia is facing huge economic impact because of the value of their own currency and actions in the Ukraine, but now the impact has started affecting major companies based in their country. Gas and oil giant Gazprom just released information about last More...
Fed’s Rate Increase Seems Unlikely As Economy Remains Uncertain
The US federal reserve building. For six and a half years the Federal Reserve has held its key interest rate at nearly zero and for the whole time there has been speculations in the financial world about when the More...
GM Plans On Investing Billions In US Plants
General Motors CEO Mary Barra. On Thursday the automobile giant General Motors is planning to announce a several billion dollar, multiyear investment plan that they will enforce in several United States manufacturing More...
Deutsche Bank Q1 Profit Drops By 50%
Deutsche Bank is citing regulator fines as the reason for the significant drop in profit. The earnings of Deutsche bank fell by half during the first quarter of the year, while this drop has been stronger than expected More...
Deutsche Bank Faces Tough Task Ahead
Deutsche Bank faces tough restructuring plans. Running a global bank is a very complicated job but cutting it back is even harder. Deutsche Bank is facing an exhausting and long battle, to pare investment banking More...
Is HSBC To Leave The UK?
With HSBC facing tough regulation they have announced that they are considering relocating their U.K. headquarters. While Britain is focused on the general election that will take place in two weeks time from now More...