35 Years of Dax: A Surprising History and Bright Future

2023-06-30 17:30:24 Trading room of the Frankfurt Stock Exchange in 1988 The Dax is 35 years old: Germany’s leading index Dax celebrates its birthday on June 1st. (Photo: dpa) Frankfurt Shortly before its 35th birthday, the Dax gave itself and its investors a present. With 16,427 points on June 16, it marked a new all-time … Read more

Renault-Nissan-Mitsubishi Alliance explores other options

The alliance of the three manufacturers Renault, Nissan and Mitsubishi has agreed on new projects. All three companies should benefit from them in the medium term in terms of value creation and achieve advantages in the short term through cost sharing and avoidance. For example, Renault will develop a half-ton pickup truck that will be … Read more

DWS exchanges CEO after suspected greenwashing

Frankfurt Only a few hours after the raid due to “greenwashing” allegations and after a long supervisory board meeting, the Deutsche Bank fund subsidiary is separating DWS by her company boss Asoka Wöhrmann. At the end of the day of this year’s Annual General Meeting, Stefan Hoops will become the new CEO. DWS announced this … Read more

Dax remains in the plus – first hopes of bottoming out

Dax remains in the plus – first hopes of bottoming out

Düsseldorf After two trading days with a sell-off mood, the situation on the German stock market calmed down somewhat on Tuesday. The Dax closed unchanged at 12,831 points in a more friendly market environment. In the meantime, the leading index went back above the 13,100 point mark. However, the Dax was unable to maintain its … Read more

Oil: Battle for raw materials – the most powerful cartel in the world is on Putin’s side

Oil: Battle for raw materials – the most powerful cartel in the world is on Putin’s side

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More salary for Allianz boss

More salary for Allianz boss

hon. Munich Oliver Bäte, the CEO of Allianz, earned EUR 7.9 million in the past financial year, around EUR 1.5 million more than in the previous year. This emerges from the annual report that Europe’s largest insurance group published on Friday. Bäte’s salary jump roughly corresponds to the business success of Allianz, which recently reported … Read more