Home Tags Economy

Tag: Economy

Strikes cost Lufthansa €250m this year, CFO estimates

Strikes have caused Lufthansa to lose €250 million this year, the group's chief financial officer Remco Steenbergen estimates. Reuters reported today. Strikes meant losses of...

Chinese smartphone manufacturer Xiaomi increased sales by 11 percent thanks to...

Chinese smartphone manufacturer Xiaomi increased fourth-quarter sales 10.9 percent year-on-year to 73.24 billion yuan, beating estimates. It was helped by stronger demand at a...

Apple’s smartphone sales in China down 24 percent at the start...

Apple's smartphone sales in China fell 24 percent in the first six weeks of this year. The US firm has fallen to fourth place...

The number of people out of work in Germany rose in...

The number of people out of work in Germany increased by 8,000 to 2.814 million in February, while the unemployment rate remained at 6.1...

Bank Capital One buys credit card issuer Discover for $35 billion...

US bank Capital One has agreed to take over US credit card issuer Discover Financial Services for about $35 billion. The companies announced this...

BTG Capital Review – We do not recommend! ...

BTG Capital is an online broker that is managed and operated by Cauvo Brokerage Mauritius Ltd. The company was established to provide both retail...

ADP does not expect Chinese air traffic to return to pre-pandemic...

French airport operator ADP does not expect Chinese air traffic to return to pre-Covid-19 levels this year, citing subdued demand and slow economic growth...

British economy fell in the fourth quarter, falling into recession

Britain's gross domestic product (GDP) fell by 0.3 per cent in the fourth quarter, following a 0.1 per cent decline in the previous three...

UniCredit: CEE economies to grow by three pct in 2024 and...

UniCredit economists expect the economies of Central and Eastern Europe to grow by around three percent in 2024 and 2025, with similar growth rates...

Synopsys to buy Ansys software business for $35 billion

Chip design software maker Synopsys is to buy Ansys for about USD 35 billion. The latter is a maker of software that is used...

MOST POPULAR

HOT NEWS