Tag: Economy
ANSA: Armani’s fashion company will be inherited by his foundation, with...
The fashion company of the late designer Giorgio Armani will be inherited by his foundation. Armani's life partner, Pantaleo dell'Orco, will have the final...
Tariffs hurt everyone, said Merz; he called for innovation in the...
Germany does not want to go down the path of protectionism and tariffs because such an approach hurts everyone. German Chancellor Friedrich Merz said...
Porsche leaves the main German stock index DAX
German luxury sports car manufacturer Porsche will leave the main German stock index DAX after less than three years. According to the DPA agency,...
Gold is at its peak, helped by a weaker dollar and...
The price of gold for immediate delivery rose to $3,508.50 per troy ounce (oz; 31.1 grams) today, reaching a historic high. The yellow metal...
French spirits producer Pernod Ricard sees decline in sales and profits,...
French spirits producer Pernod Ricard saw its sales fall by three percent to €10.96 billion (CZK 269 billion) in the 2025 financial year, according...
US stocks weakened, awaiting Nvidia results
US stocks weakened today as investors await, among other things, the financial results of chipmaker Nvidia and new data on price developments in the...
Polish petrochemical group Orlen more than doubles half-year profit
Polish petrochemical group Orlen more than doubled its net profit in the first half of the year to PLN 5.93 billion (approximately CZK 34...
Japan’s Softbank helps Intel by buying its shares for two billion...
Japanese technology conglomerate Softbank is helping Intel. It is buying shares in the troubled US chip manufacturer for two billion dollars (almost 42 billion...
The unemployment rate in Britain remained at 4.7 percent at the...
The unemployment rate in Britain remained at 4.7 percent in the three months to the end of June, the highest in four years. This...
BP’s Quarterly Underlying Profit Falls but Exceeds Expectations
British oil and gas company BP saw its underlying profit fall in the second quarter to $2.35 billion (around CZK 50 billion) from $2.76...
