Germany takes over Uniper

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Source: Dukascopy Bank SA
The German government has nationalised the energy giant Uniper with a 8 billion Euro buyout. The government had already subsidized the company, before taking over.
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Wed, 21 Sep 2022 19:04:12 GMT

US Federal Reserve hikes Federal Funds Rate by 0.75%

The market consensus was that the US Federal Reserve would hike its base interest rate from 2.50% up to 3.25%. At exactly 18:00 GMT the rate was hiked as expected by 0.75%.

Thu, 22 Sep 2022 08:30:52 GMT

General Mills raises earnings forecast

Due to higher food prices, General Mills has increased its full year earnings and profit forecasts. The news caused a surge of the company's stock price.

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