Investment

The chief executive of DWS stepped down, the German asset manager said Wednesday, after the financial institution was raided by prosecutors in relation to "greenwashing" allegations.    

Asoka Woehrmann had "resigned as CEO of DWS Group" with the decision coming into effect after the asset manager's annual general meeting on June 9, it said.     

Indonesia's biggest tech firm soared on its market debut yesterday after a billion-dollar initial public offer (IPO) that was the world's fifth-biggest this year, defying recent heavy weather for Asian tech stocks.

Panic buying and panic selling appear to be one of the reasons behind the sharp increases in house prices in the secondhand market, an expert has said.

Stock market indices have reversed downwards as sustained dollar strength with tightening financial and trading conditions worldwide worsens the outlook for companies.

Billionaire Warren Buffett says his company has benefited from some "extraordinary luck" in finding acquisitions like BNSF railroad over the decades, but he has not had much of that in recent years as Berkshire Hathaway's cash pile has grown to nearly $147 billion.

Turkish startups attracted investments totaling about $1.5 billion last year, according to a report released by Startup Centrum on Jan. 19. 

The total volume of investments in Turkish startups increased by ninefold in 2021 compared to the previous year, said Startup Centrum, a digital community that gets startups, talents, investors and incubators together.

The Hellenic Development Bank-HDB is now participating as a new full member of the European Business Angels Network (EBAN), according to a relevant announcement.

The European Business Angels Network (EBAN) is the leading network of early stage investors in Europe, according to the announcement.

The company struggled to attract investors

Attica Bank is heading towards transitional nationalization, as the process of implementing the law on deferred taxation has started, after the losses it recorded in the fiscal year 2020.

80% of the purchasers of holiday properties along Bulgaria's Black Sea coast are Bulgarian nationals, indicate data of experts from a large construction and investment company. "The travel restrictions stemming from the coronavirus pandemic and the uncertain economic environment made a number of people take action and buy properties.