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Today: Dec 22, 2024

Business - Page 9

Eurozone inflation rises less than expected, more in Germany
Eurozone inflation rises less than expected, more in Germany

Eurozone inflation rises less than expected, more in Germany

Inflation across the Eurozone continued to rise in November, but less than expected. Germany, however, was among those countries which bucked the trend. Inflation in the European Union’s single currency area has increased for
4 days ago
China: Economy outperforms first quarter forecasts
China: Economy outperforms first quarter forecasts

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
8 months ago
German airports reach agreement to end strike action
German airports reach agreement to end strike action

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
9 months ago
German car industry regains some confidence
German car industry regains some confidence

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
9 months ago
Eurozone inflation drops faster than predicted in March
Eurozone inflation drops faster than predicted in March

Eurozone inflation drops faster than predicted in March

Consumer prices in the eurozone went down further in March than economists expected. But analysts are still not predicting an immediate cut in interest rates from the European Central Bank. The annual
9 months ago
China lifts wine tariffs on Australia amid improving ties
China lifts wine tariffs on Australia amid improving ties

China lifts wine tariffs on Australia amid improving ties

China enforced heavy tariffs on Australian wine in 2020 due to political grievances, among them Australia’s backing of a global inquiry into the origins of COVID-19. China’s and Australia’s ties as trade partners look to
9 months ago
France set to commission new nuclear plant
France set to commission new nuclear plant

France set to commission new nuclear plant

France’s state-owned energy company EDF says it has approval to load a new nuclear plant with fuel. France plans to expand its nuclear sector, unlike Germany, which has shut it down France’s
9 months ago
Reddit valued at $6.4 billion in Wall Street IPO
Reddit valued at $6.4 billion in Wall Street IPO

Reddit valued at $6.4 billion in Wall Street IPO

US-based social media platform Reddit makes its debut on the New York stock market exchange, after the first big tech IPO in years. American social media company Redditmakes its trading debut on
9 months ago
IMF initially agrees to disburse $1.1 billion to Pakistan
IMF initially agrees to disburse $1.1 billion to Pakistan

IMF initially agrees to disburse $1.1 billion to Pakistan

The sum is the final tranche of a $3 billion rescue-package Islamabad had secured last summer. The newly-elected administration of the South Asian cash-strapped country is already seeking another IMF loan. The International
9 months ago
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