News

Note: This section contains information in English only.
Wed, 30 Nov 2022 08:30:07 GMT

EasyJet comments on demand

The UK airline EasyJet has revealed that early bookings for spring and summer have remained in demand, despite price increases.

Wed, 30 Nov 2022 06:30:09 GMT

Germany signs LNG deal with Qatar

QatarEnergy and German ConcoPhillips have signed a new liquefied natural gas deal, which would cover new exports for at least a period of fifteen years.

Tue, 29 Nov 2022 14:30:08 GMT

European stock indices rise

During Tuesday's European trading hours, stock indices surged. The surge was attributed to speculated COVID-19 measure easing in China.

Tue, 29 Nov 2022 11:36:20 GMT

Bitfront shuts down

The US crypto exchange Bitfront has announced that it would suspend new sign ups, all credit card payments and cease operations. The firm has commented that the shutdown was not associated with the recent misconduct of other exchanges.

Tue, 29 Nov 2022 08:20:15 GMT

German retailers increase prices

The German Ifo economic survey results have revealed that almost all food and toy retailers in Germany intend to increase prices.

Mon, 28 Nov 2022 14:30:07 GMT

Thanksgiving sales reach new record

Adobe Analytics has revealed that the total US Thanksgiving sales have reached a record $5.29 billion, despite inflation supposedly reducing consumer spending.

Mon, 28 Nov 2022 12:30:10 GMT

BMW invests in Hungary

The German carmaker BMW has announced that it would invest 2 billion Euro in its electric vehicle factory in Hungary.

Mon, 28 Nov 2022 10:30:08 GMT

Poland freezes gas tariffs

The Polish government has announced that it would freeze household gas tariffs at 2022 levels.

Mon, 28 Nov 2022 08:30:08 GMT

Workers continue to leave Foxconn

The main iPhone producer in China Foxconn has been reported by Reuters as set to suffer further shipment delays due to more workers stopping work.

Mon, 28 Nov 2022 06:30:07 GMT

Amazon workers protest in Europe

On Black Friday, Amazon workers were observed to have protested low wages in France and Germany.

Fri, 25 Nov 2022 12:30:07 GMT

Japan reports on economy

The Japanese government has publishes an assessment of the national economy. In November, the economy had experienced a moderate recovery. However, global risks remain persistent.

Fri, 25 Nov 2022 10:30:08 GMT

Sweden hikes interest rates

The Swedish Riksbank has hiked its base interest rate to 2.50% and announced that it could continue its monetary tightening in 2023.

Fri, 25 Nov 2022 08:30:09 GMT

Regulators receive guidelines on crypto

The International Organization of Securities has sent out rules and principles for the regulation of cryptocurrencies and trading platforms to the G20 countries.

Fri, 25 Nov 2022 06:30:07 GMT

Dollar holds low despite Fed Meeting Minutes

In the aftermath of the release of the US Federal Reserve Meeting Minutes, the US Dollar has continued to trade near low levels. The Meeting Minutes revealed that the US Fed could slow down interest rate hikes.

Thu, 24 Nov 2022 14:30:07 GMT

IMF addresses China

The International Monetary Fund has urged the Chinese government to boost coronavirus vaccinations and to restore confidence in the real estate sector.

Thu, 24 Nov 2022 12:49:18 GMT

Bundesbank sees no property correction

Despite observing systemic economic strain, the Bundesbank has reported that there is no correction in the housing market.

Thu, 24 Nov 2022 12:30:06 GMT

Euro Zone decline slows down

European Purchasing Managers Index has revealed that the economic decline of the Euro Zone had slowed down in October, as the index has risen from 47.3 up to 47.8.

Thu, 24 Nov 2022 10:30:06 GMT

Domino's Pizza profits increase in Eurasia

DP Eurasia, which manages Domino's Pizza in Russia and Turkey, has reported that in the ten months of 2022 the company's sales had increased by 74.60%.

Thu, 24 Nov 2022 08:30:06 GMT

ECB expects economic decline

The Vice President of the ECB Luis de Guindos has stated that the Euro Zone's economy is set to show negative growth in the fourth quarter of 2022.

Thu, 24 Nov 2022 06:30:07 GMT

Credit Suisse expects losses

The Swiss banking group Credit Suisse has revealed that it expects to incur a pre-tax loss of 1.5 billion CHF in the third quarter of 2022.

Wed, 23 Nov 2022 14:36:15 GMT

Nordstrom stock price plummets

Despite reporting better than expected quarterly results, the stock price of Nordstrom plummeted at the start of Wednesday's US trading hours. The stock price started the day at the $20.60 level, compared to yesterday's close at $22.65. Namely, the shares dropped 9.45%.

Wed, 23 Nov 2022 14:30:06 GMT

EU proposes limit on gas prices

The European Commission has proposed the introduction of a cap on gas prices for one year, starting from January 1 2023. However, a revealed draft of the legislation does not include the actual price limit.

Wed, 23 Nov 2022 12:30:13 GMT

Spain supports mortgage payments

The government of Spain has revealed plans to support the mortgage payments of more than one million Spanish households.

Wed, 23 Nov 2022 10:30:07 GMT

Mazda invests in electric vehicles

Mazda Motor Corporation has revealed plans to invest $10.6 billion in an electrification of the company's vehicles.

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