US Treasury Secretary does not expect an economic recession in the US
US Treasury Secretary Janet Yellen does not expect the US economy to fall into recession, although it could be negatively affected by unexpectedly slow...
Losers and Winners of the Post-pandemic Health Care Industry
The post-pandemic era has shaken the pharmaceutical sector. APME in its health care industry investments study 2023 concluded that companies, which did not rely...
Škoda Auto has started pre-series production of the second generation Kodiaq in Kvasiny
Second generation
Škoda Auto has started pre-series production of the second generation Kodiaq SUV at its Kvasiny plant in the Rychnov region. It will invest...
Euro strengthens, ECB chief says further monetary tightening will be needed
The euro strengthened on the foreign exchange markets today, recovering from a two-month low. This was helped by a statement from European Central Bank...
Economic performance in the quarter was slightly weaker than expected by the CNB
The performance of the Czech economy in the first quarter was weaker than expected by the Czech National Bank (CNB). Household consumption, investment and...
US Dollar rises on stats and hopes of debt ceiling deal
The US Dollar continues to rise today, hitting a new seven-week high. A series of upbeat economic data has further reduced bets on an...
Eurozone business activity growth at 11-month high in April
Business activity growth in the euro area unexpectedly picked up in April. The services sector saw a further increase in already strong demand, more...
VW, BMW, Nissan, Hyundai and Volvo electric cars to lose tax breaks in the...
Electric cars from Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo will lose a $7,500 (around CZK 160,800) tax credit in the United States after...
Prosecutor: state-sponsored group probably behind Nord Stream blasts
According to the Swedish prosecutor investigating last year's Nord Stream pipeline explosions, the most likely scenario is that a "state-sponsored group" was behind the...
Dollar weakens slightly, decline in concerns about banks increased interest in riskier assets
The US dollar is slightly weaker on the foreign exchange markets today, as the decline in fears about the banking crisis has increased investor...
