Business - Page 6

Inflation in Eurozone cools to 1.7% in September

The slowdown in consumer price increases comes as the European Central Bank is expected to cut interest rates. Year-on-year inflation in the eurozone slowed to 1.7% last month, slightly lower than previously estimated, according to

14 hours ago

Germany’s economy shows slight upturn, raising hopes

The German economy has shown a marginal upturn in the first part of the year. The latest figures give some hope that Germany may be escaping the economic doldrums. Europe’s largest economy

6 months ago

Business

German consumer confidence hits two-year high

Consumer confidence rose for the third month in a row in Europe’s largest economy, according to a market research survey. Germany is seeing mild economic improvement after grappling with slow growth and

6 months ago

Business

Germany’s industrial production expected to sink further

German industrial production is expected to fall further behind this year, after a dip in 2023. The usually strong manufacturing sector had already taken a hit because of higher energy prices. Industrial

6 months ago

Business

Markets round-up: Escalating Middle East tensions deepen weekly slump

Global markets are poised for a third consecutive weekly decline as tensions rise in the Middle East. Investors are flocking to safe-haven assets, especially gold and silver, amplifying their surge as a

6 months ago

Business

Netflix adds 9.3 million new subscribers, beats expectations

Netflix reported 9.3 million new subscribers this year and now claims a total audience of over half a billion. The company has tried to maximize revenues by cutting down on account sharing

6 months ago

Business

IMF cuts growth outlook for Germany

The International Monetary Fund has revised its growth outlook for the eurozone’s biggest economy by 0.3 percentage points. The German economy is predicted to be the slowest-growing of all G7 states this

6 months ago

Business

China: Economy outperforms first quarter forecasts

Strong performance in the manufacturing sector as well as new infrastructure projects helped China’s economy surpass expectations for the first three months of the year. China’s economy grew far more than expected in

6 months ago

Business

German food and energy prices fall, inflation sinks to 2.2%

Inflation in Germany has fallen to its lowest level since before Russia invaded Ukraine. Food prices fell for the first time in more than 9 years, figures show, with energy prices dropping

6 months ago

Business

German airports reach agreement to end strike action

Airport operators in Germany have agreed on a deal with security staff after a series of strikes at some of the country’s biggest airports. The German trade union Verdi has made a pay

6 months ago

Business

German car industry regains some confidence

German carmakers are seeing the future in a rosier light than last month, a leading economic institute says. Positive developments regarding exports to the US and China are a major factor driving

7 months ago

Business

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