#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I NEWS.BLOG

Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back to one of the most beaten-down markets worldwide.

Catch up: Israel’s ruthless strikes on Beirut; Austria’s hard right jockeys for power

Catch up: Israel’s ruthless strikes on Beirut; Austria’s hard right jockeys for power

Volvo Car AB and dozens of industrial manufacturers urged Brussels to stick to a plan to halt sales of new combustion-engine cars starting 2035. But Europe’s biggest automakers are keeping quiet.

When Michael Strobaek joined Lombard Odier as chief investment officer in November, one of his first big moves was to sell all the China stocks and bonds in its holdings managed for private clients.

It’s wrong to expect that a cycle of interest-rate cuts from the Federal Reserve will suddenly revive the green transition, according to Barry Norris, the founder and chief investment officer of UK hedge fund Argonaut Capital Partners.

US stocks will outperform the nation’s government and corporate bonds for the rest of this year as the Federal Reserve keeps cutting interest rates, the latest Bloomberg Markets Live Pulse survey shows.

The French government is weighing fresh taxes on corporates to cut the country’s budget deficit, newspaper Le Monde reported.

The leader of Austria’s far-right Freedom Party said he’ll start negotiations on a new government coalition after a historic victory — yet one that may still not grant Herbert Kickl the top job.

Die FPÖ hat bei der Nationalratswahl am Sonntag laut Hochrechnungen inklusive Wahlkartenprognose klar Platz eins erreicht. Rang zwei geht laut Foresight-Hochrechnung für ORF und APA an die ÖVP, abgeschlagen auf Platz drei liegt die SPÖ. NEOS liegt auf Platz vier knapp vor den Grünen. Alle anderen Parteien scheiterten am Einzug in den Nationalrat.

Österreich wählt am Sonntag einen neuen Nationalrat. Schon am frühen Vormittag schritten die ersten der Spitzenkandidaten und -kandidatinnen zur Urne. Neben den fünf Parlamentsparteien ÖVP, SPÖ, FPÖ, Grüne und NEOS schafften es bundesweit auch Bierpartei, KPÖ, Keine von denen (Wandel) und Liste Madeleine Petrovic (LMP) auf den Stimmzettel.

Volkswagen AG cut its guidance for a second time this year, warning that waning demand will undercut the German carmaker’s profitability as it squares off with unions over possible job cuts and unprecedented plant closures.

Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia Corp. products, part of the nation’s effort to expand its semiconductor industry and counter US sanctions.

Inflation has eased more than expected in two of the euro zone's biggest economies and the German jobs market has continued to cool this month, adding to an already substantial case for the European Central Bank to cut borrowing costs further next month.

About a month before the election, the vice president is eroding Trump’s advantage on the economy, the latest Bloomberg News/Morning Consult Poll finds.

China’s long-awaited stimulus measures may have been too much for the markets to handle.

Catch up: Israel vows to fight on; Japan’s new prime minister

Die Jahresteuerung lag im September in Frankreich nur noch bei 1,5 und in Spanien bei 1,7 Prozent.

Catch up: Israel vows to fight on; Japan’s new prime minister

A dormant construction site visible from the back door of Berlin’s grand Hotel Adlon is emblematic of the boom turned bust in Europe’s real estate markets, but investors that gathered recently at the five-star establishment have started to look past symbols like the hole in the ground across the street and toward a nascent recovery.

With less than a week until a dockworker strike could shutter every major container port on the US Atlantic and Gulf coasts, port employers and the union disagree on a range of issues — including whether they’re even negotiating.

European Central Bank Executive Board member Isabel Schnabel appears to have become more concerned about the euro-zone economy.

France’s new foreign minister said his country supports a European Union plan to impose tariffs on electric vehicles produced in China given the subsidies Beijing has used to maintain dominance in the sector.

Chinese stocks have been on a tear, with the Nasdaq Golden Dragon Index soaring 19% in the last four days, and the shares should be a key part of investors’ plans once the US election is over, according to Scott Rubner, managing director for global markets and tactical specialist at Goldman Sachs Group Inc.

China’s top leaders ramped up efforts to revive growth with pledges to support fiscal spending and stabilize the beleaguered property sector, giving new momentum to stimulus measures aimed at arresting a slowdown in the world’s second-largest economy.

The number of Americans applying for unemployment insurance have been defying expectations and hovering near historically low levels, but they’re not a good indicator of the state of the labor market right now, according to a Bloomberg Economics analysis.

Germany’s gross domestic product will shrink slightly this year, new forecasts predicted, the latest in a rash of negative reports that suggest the outlook for Europe’s biggest economy remains dire.

China is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to people familiar with the matter.