Deutsche Bank will see loan losses equivalent to 0.30 percent of the value of its loan portfolio this year, the bank said last week. Earlier, it had warned of losses that could be as low as 0.25 percent.
Author: admin (Kendrick Williams)
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CALLS TO GENE EDIT PLANTS AND HUMANS GROW, AS THE SYNTHETIC DEVOLUTION ACCELERATES
Fast evolving gene editing and synthetic biology (ie. synbio) technologies are accelerating the positioning of radical redesigns of plant, animal and even human life, as superior to natural alternatives.
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SPOTLIGHT: BIGS GETTING BIGGER
This year’s surge in mergers and acquisitions has rewarded Goldman Sachs with a 150-percent gain in its second-quarter profits, lifting them to $3 billion.
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TOP TREND 2023, OFFICE BUILDING BUST: COMMERCIAL REAL ESTATE BUST UNDERMINING BOND DEALS
Thanks to the tumbling values of commercial properties, defaults are on the rise in a sector of the debt market known as single-asset, single-borrower bonds (SASBs).
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TOP TREND 2024: EV GO FU
After five years of mapping a road to an all-electric future, designing electric vehicles (EVs) and retooling factories to make them, and investing billions of dollars along the way, U.S. car companies are hitting the brakes.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
The Chinese Communist Party published a list of 60 policy goals after its meeting last week. The goals were broad, such as improving the business environment and focusing on cutting-edge industries, but included no details of how the goals would be met.