Wednesday, 11 December 2019

Bloomberg

Europe's most reliable rate-hike beacon goes dim

Bloomberg |
20 November 2018

Weakness in the Czech currency has reliably pointed the way to the longest run of interest-rate increases in Europe. But at their last meeting of the year, policy makers may opt for a pause, even as the koruna continues its slide.

Richest Czech seen eyeing Chelsea stake as Abramovich mulls sale

Bloomberg |
26 October 2018

Petr Kellner, the richest Czech and the owner of investment company PPF Group, is considering buying a stake in Russian billionaire Roman Abramovich's Chelsea Football Club, the Lidove Noviny newspaper reported. Abramovich, known for his close relations to Russian leader Vladimir Putin, is mulling a full or a partial exit from Chelsea after the U.K. government didn't renew his visa this year.

Trailblazing rate hikes herald end of an era for Czech bonds

Bloomberg |
17 October 2018

After bingeing on short-term bonds with negative yields, the Czech government is betting the fastest run of rate hikes in Europe will lure investors to its longer debt.

Rate-hike hat trick turns costly Czech debt into cheap haven

Bloomberg |
1 October 2018

Thanks to its trailblazing central bank, the Czech Republic's government bonds have morphed from some of the costliest in the world to cheap haven asset.

Czech coal baron says protests are PR stunt by rival

Bloomberg |
27 September 2018

A businessman who became one of the richest in the Czech Republic a decade ago now says he's besieged by phony protesters dressed as coal miners demonstrating outside his estate in Hilton Head Island, South Carolina.

Czech support for EU memberships jumps countering populist wave

Bloomberg |
3 July 2018

For the first time in almost eight years, more than half of Czechs say that membership in the European Union is better than striking out on their own. A survey by the Prague-based polling company Stem showed 53% of Czechs would vote to join the EU again, compared with 45% a year ago.

Money split on bets for imminent Czech interest-rate hike

Bloomberg |
22 June 2018

Investors are intensifying pressure on the Czech central bank to raise borrowing costs next week after a string of verbal interventions failed to prop up the weaker-than-expected koruna.

Italian woes fail to deter Czech businesses embracing euro

Bloomberg |
1 June 2018

The Italian political turmoil testing the strength of the euro area isn't denting Czech businesses' enthusiasm for joining the monetary union.

Billionaire's quest for power tests strength of Czech democracy

Bloomberg |
12 April 2018

A Czech billionaire's ambition may decide whether his nation remains anchored to European democratic values or slides into the ranks of countries embracing an increasingly euroskeptic, illiberal model.

Czech tycoon earmarks USD 1.2 billion to buy Europe's old coal

Bloomberg |
16 March 2018

Czech energy magnate Pavel Tykač is ready to spend 1 billion euros of his own cash on aging coal and gas-fired power plants across Europe. He's betting the dirty generators will be needed for decades to supplement the green power that's taking a bigger role at utilities from Germany to Britain.

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