Business
World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.
Allianz, Europe’s largest insurer, sees double-digit jump in profits
15.05.2024
Allianz, Europe’s largest insurer, sees double-digit jump in profits
Europe’s largest insurer Allianz revealed an increase in business volume of more than 5% for the first three months of the…
Decline in luxury spending spells trouble for Burberry’s bottom line
15.05.2024
Decline in luxury spending spells trouble for Burberry’s bottom line
Burberry has recorded a 40% slide in its pre-tax profits for the financial year ending on 30 March to £383…
European ports turned into car parks as EV makers hunt buyers
15.05.2024
European ports turned into car parks as EV makers hunt buyers
A growing number of imported electric cars, many of them from China, are stuck at the ports of Europe as…
Commission forecasts inflation tumbling, despite oil price hike
15.05.2024
Commission forecasts inflation tumbling, despite oil price hike
Better than expected data means inflation will more than halve this year, despite a price increase in major commodities such…
Klaas Knot hints at ECB rate cut in June and calls for capital markets union
15.05.2024
Klaas Knot hints at ECB rate cut in June and calls for capital markets union
Dutch Central Bank President Klaas Knot emphasised the likelihood of a June European Central Bank (ECB) rate cut and the…
Thyssenkrupp reports lower sales amid dampened market demand
15.05.2024
Thyssenkrupp reports lower sales amid dampened market demand
German conglomerate Thyssenkrupp, which specialises in industrial engineering and steel production, reported downbeat financial results on Wednesday. For the second…
Stellantis and Leapmotor to sell electric cars in Europe from September
15.05.2024
Stellantis and Leapmotor to sell electric cars in Europe from September
Sales will begin in September for Belgium, France, Italy, Germany, Greece, Netherlands Romania, Spain and Portugal, Stellantis CEO Carlos Tavares…
Copper surges towards record highs amid optimistic demand outlook
15.05.2024
Copper surges towards record highs amid optimistic demand outlook
Copper prices have been soaring since the beginning of this year, rising by 29% year-to-date. Copper futures at COMEX traded…
President Macron open to takeover of French banks by European rivals
15.05.2024
President Macron open to takeover of French banks by European rivals
French President Emmanuel Macron is open to the possibility of major French banks being bought by European rivals, according to…
Not such a Yuka idea: The French app that could change the way you shop
15.05.2024
Not such a Yuka idea: The French app that could change the way you shop
Yuka, a French food and cosmetics rating app has recently taken consumers by storm, by letting you know exactly what’s…
