{
}
The German Bundestag has approved a historic special fund of EUR 500 billion for infrastructure and defense, allowing defense spending to exceed 1% of GDP without debt brake restrictions. This move is expected to boost economic output by over 2% in the next decade, while emphasizing the need for European coordination in defense efforts. Enhanced infrastructure investment and structural reforms could further amplify these economic benefits.
A directed energy laser system has been approved for export to Ukraine to aid in demining efforts, as over 40% of the country is mine-affected. The company plans to leverage its experience in military and infrastructure projects, including missile defense and environmental remediation, while also focusing on border security and urban development in the Middle East. With a strong portfolio in cybersecurity and critical infrastructure protection, the firm aims to align with new defense priorities and capitalize on emerging markets.
Berkshire Hathaway's stake in Apple has significantly decreased from 906 million to 300 million shares, while its investment in Bank of America has dropped below $30 billion. With cash reserves at $334 billion, Warren Buffett expresses caution about the current market, indicating a lack of compelling investment opportunities and high valuations in large-cap stocks. The company's recent stock sales, totaling $134 billion in 2024, further reflect this defensive stance amid a market correction.
Russia is set to engage in discussions with Elon Musk regarding Mars flight plans, as stated by Kirill Dmitriev, President Putin's envoy for international cooperation. Dmitriev emphasized the potential for collaboration in the space sector, aiming to enhance Russia's space agency Roscosmos and its nuclear corporation Rosatom. This initiative comes amid ongoing efforts to restore dialogue between the U.S. and Russia, particularly in light of the conflict in Ukraine.
ExxonMobil shares have surged past the $113 resistance level, indicating potential for further gains, especially if oil prices rebound. Positive economic signals from China and Europe, alongside insider buying in the energy sector, suggest a favorable long-term outlook. However, geopolitical factors, such as the situation in Ukraine, could impact oil prices.
Elon Musk faces significant challenges as Tesla's stock plummets amid investor concerns over trade wars and declining profits, while protests against him escalate. Despite these setbacks, Musk remains CEO due to his deep association with the brand, making his removal unlikely. Meanwhile, Apple struggles with Siri's ineptitude, and a tell-all book about Meta's leadership has sparked controversy, leading the company to seek legal action against its former director.
NextVision, an Israeli drone camera manufacturer, secured $63 million through recent transactions, including a $52 million stake acquisition by a foreign investment bank and an $11 million share purchase by Clal, raising its ownership to 6.5%. Co-founder Chen Golan sold $15 million in shares, reducing his stake to 5.7%. The company reported a 120% revenue increase to $115 million in 2024, driven by heightened demand amid ongoing conflicts in Ukraine and Israel.
Intesa Sanpaolo has partnered with the EIB to invest nearly €660m in Central and Eastern Europe since 2020, focusing on economic growth and sustainability. Recent initiatives include €160m for energy transition projects in Serbia and €169m for green financing in Croatia, benefiting thousands of companies and jobs. The bank emphasizes its role as a partner in fostering economic development across its twelve home markets.
Intesa Sanpaolo has collaborated with the EIB to invest nearly €660m in Central and Eastern Europe since 2020, with €370m allocated to EU candidate countries like Serbia, Bosnia-Herzegovina, and Ukraine. In Serbia, Banca Intesa Beograd is set to provide €160m to support energy transition investments for SMEs, benefiting around 240 companies and safeguarding approximately 25,000 jobs. The bank emphasizes its role as a partner in fostering economic growth and addressing local needs through its extensive network in the region.
Goldman Sachs reports a significant shift in demand towards gold from financial institutions and central banks, driven by tariff concerns and inflation fears, with gold prices climbing to $3,004.81 per troy ounce. In contrast, Bitcoin has struggled, losing over 15% in value recently and failing to outperform gold for four years, raising concerns about its future as it breaches a long-held support trendline. Analysts warn that if Bitcoin closes below this level, it could signal the end of its current bull run.
UKR
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Germany approves historic infrastructure and defense spending boost
17:55 18.03.2025
parsons leads in infrastructure development and cybersecurity solutions globally
16:24 18.03.2025
Warren Buffett signals caution as S&P 500 enters correction phase
13:17 18.03.2025
Russia plans talks with Elon Musk on Mars flight collaboration
United States Dollar
SpaceXCoin USD
RUS
UKR
USA
Anna Kozlova
Elon Musk
Alexander Marrow
Donald Trump
Kirill Dmitriev
Vladimir Putin
Andrew Osborn
Show more
12:59 18.03.2025
ExxonMobil shares surge past resistance as oil prices show potential rebound
11:37 18.03.2025
apple faces internal turmoil over siri's failed ai enhancements
United States Dollar
Apple Inc.
Tesla, Inc.
UKR
USA
CHN
Elon Musk
Joel Kaplan
Donald Trump
Mark Zuckerberg
Sheryl Sandberg
Marco Rubio
Craig Federighi
Nick Robins
Sarah Wynn-williams
Show more
11:04 18.03.2025
NextVision secures 63 million dollars amid rising demand for drone technology
03:45 18.03.2025
intesa sanpaolo and eib invest 660 million euros in central eastern europe
Ukrainian Hryvnia
Croatian Kuna
Serbian Dinar
United States Dollar
Euro
Intesa Sanpaolo
BIH
UKR
HRV
SRB
ITA
Paola Papanicolaou
Show more
18:00 17.03.2025
Intesa Sanpaolo and EIB invest 660 million euros in CEE economic growth
16:44 17.03.2025
gold demand surges as bitcoin struggles amid economic uncertainty
16:23 17.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Central Bank Actions
GDP Growth & Recession Forecasts
CEO Changes
Global Trade Developments
Financial Scams and Security
Industry Mergers & Acquisitions
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Domestic Politics
Workplace Trends
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Barclays PLC
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Strategic Income I
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Swiss Re AG
Beazley plc
UBS AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Canadian Dollar
Australian Dollar
United Arab Emirates Dirham
Saudi Riyal
Danish Krone
Offshore Chinese Yuan
Mexican Peso
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Vietnamese Đồng
New Zealand Dollar
People: