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Raiffeisen Capital Management has reached an all-time high of nearly EUR 65 billion in assets under management, with a significant portion invested responsibly. The fund savings segment in Central and Eastern Europe (CEE) is rapidly growing, reflecting broader societal engagement in capital markets. Forecasts indicate strong growth potential in CEE, with local assets expected to surpass those of Austria by 2028.
Liberty Global Ltd. offers converged broadband, video, and mobile communication services across Europe, operating under brands like Telenet, Virgin Media, and VodafoneZiggo. The company utilizes advanced fiber optic and 5G networks, providing over 80 million connections. Its investment arm, Liberty Growth, holds stakes in over 75 companies in content, technology, and infrastructure sectors.
Liberty Global Ltd. provides converged broadband, video, and mobile communications services across Europe, operating under brands like Telenet, Virgin Media, and VodafoneZiggo. The company boasts over 80 million connections and has a global investment arm, Liberty Growth, with a diverse portfolio in content, technology, and infrastructure sectors. Its mobile services are delivered through various models, including mobile network operations and virtual network operations.
Russia will suspend gas deliveries to Austria starting Saturday, marking the end of its last significant gas flows to Europe via Ukraine. This decision follows a contractual dispute between Gazprom and Austria's OMV, with Austria prepared for the cut-off, ensuring sufficient gas storage for winter. The move reflects Russia's diminishing role in European energy supplies, as countries seek alternative sources amid ongoing geopolitical tensions.
EU prosecutors are investigating a half-billion-euro fraud linked to the Camorra and Cosa Nostra, focusing on the European People’s Party chief Manfred Weber's 2019 Commission presidency bid. In other news, the EU will release €799 million to Slovakia following improvements in rule-of-law concerns, while the new Euronews boss reassures staff about editorial independence amid worries over political influence.
In early November, slaughter pig markets in Central Europe saw stable prices amid increased supply and demand, particularly in Germany and Austria, where prices remained at 1.92 and 1.86 euros/kg, respectively. However, Denmark experienced a slight decline, and Italy"s prices fell significantly due to discrepancies with other European markets. Overall, the EU average price continued to weaken, down 1.7% from the previous week, with Slovakia being the only country to report a price increase.
Boeing Company, the leading aircraft manufacturer globally, generates 43.5% of its sales from commercial aviation, 32% from defense, space, and security, and 24.5% from various services. Geographically, 58.4% of sales come from the United States, followed by Europe (13.5%) and Asia (12.9%).
Former U.S. President Donald Trump's return to office may shift focus back to NATO members' defense spending, as he has previously criticized European allies for inadequate contributions. Currently, two-thirds of NATO allies meet the 2% GDP defense spending commitment, with Poland leading at 4.12% in 2024.
European buyers are close to finalizing a deal with Azerbaijan to secure natural gas supplies, aiming to maintain flows to the continent after the expiration of a transit agreement between Russia and Ukraine at year-end. Hungarian and Slovak companies are expected to sign a contract for 12-14 billion cubic meters of gas annually, utilizing the existing pipeline network that currently transports Russian gas to the EU.
A potential Trump victory could have mixed effects on Europe, with increased military spending, tariffs, and geopolitical uncertainty leading to a projected 1% GDP reduction. While some view this as a catalyst for European unity and defense autonomy, others fear it may embolden far-right populism and strain transatlantic relations.
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raiffeisen capital management achieves record assets in central and eastern europe
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14:37 25.11.2024
liberty global expands services across europe with diverse brand offerings
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19:01 18.11.2024
liberty global expands broadband and mobile services across europe
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19:01 18.11.2024
Russia to suspend gas supplies to Austria amid ongoing energy crisis
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00:46 16.11.2024
eu prosecutors investigate camorra and cosa nostra in major fraud case
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laughter pig markets show mixed trends across europe in november
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07:07 12.11.2024
Boeing's Market Breakdown Highlights Strong Performance in Aviation and Defense
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10:42 07.11.2024
Trump's election win may shift focus to NATO defense spending
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19:42 06.11.2024
european buyers close to gas deal with azerbaijan for winter supply
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trump's potential victory and its complex implications for europe's future
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08:26 31.10.2024
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