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‘We see a big recession in the making’: Top CEOs are fearing the worst in Europe
Top European CEOs are fearing a euro zone recession as a confluence of economic shocks continues to threaten the outlook for the bloc. Alex Kraus | Bloomberg | Getty Images LONDON — The CEOs of several European blue chip companies have told CNBC that they see a significant recession coming down the pike in Europe. […]
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Volkswagen is prolonging its use of coal due to Russian energy ‘threat’
Covering an area of 6.5 million square meters, VW’s huge manufacturing facility in Wolfsburg uses two cogeneration plants that provide it with heat and power. Krisztian Bocsi | Bloomberg | Getty Images The CEO of Volkswagen told CNBC Wednesday that the German automotive giant was keeping its options open in terms of how it powers […]
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Morgan Stanley says stay disciplined amid volatility, and names ‘cheap’ global stocks to buy
Morgan Stanley has named a raft of “cheap” global stocks to buy, advising investors to stay disciplined on valuations. Source
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