Economy
The Week Spotlight: ECB rate decision takes centre stage
Business
04.03.2024
The Week Spotlight: ECB rate decision takes centre stage
Despite a mixed close in weekly performance, major global stock markets all concluded February on a positive note, buoyed by…
Eurozone inflation cools, but not as much as expected
Business
01.03.2024
Eurozone inflation cools, but not as much as expected
Inflation in the Euro area slowed to 2.6% in February year-on-year, down from 2.8% the month before but not quite…
Von der Leyen urges use of Russian assets for Ukraine defence, critics warn of pitfalls
Business
01.03.2024
Von der Leyen urges use of Russian assets for Ukraine defence, critics warn of pitfalls
In a speech to the European Parliament on Wednesday, von der Leyen argued that using the frozen funds to support…
AI will revolutionise our lives like nothing since the printing press, says Microsoft President
Business
01.03.2024
AI will revolutionise our lives like nothing since the printing press, says Microsoft President
Microsoft was founded in 1975, almost 50 years ago, and is now one of the largest companies in the world.…
Global economy weighed down by war, uncertainty and instability, trade chief warns
Business
26.02.2024
Global economy weighed down by war, uncertainty and instability, trade chief warns
War, uncertainty and instability are weighing down the global economy, the head of the World Trade Organization (WTO) warned on…
Services in the Eurozone rebound in February, but manufacturing contraction deepens
Business
24.02.2024
Services in the Eurozone rebound in February, but manufacturing contraction deepens
It’s a mixed picture for the eurozone: while the manufacturing sector continues to shrink, the services sector is showing signs of…
Hungary sees steady but consistent rise in unemployment
Business
24.02.2024
Hungary sees steady but consistent rise in unemployment
Hungary’s unemployment rate jumped to 4.6% from November to January, up from 4% in the same period the previous year.…
UK middle earners ‘struggle’ to make ends meet despite £60k salaries
Business
21.02.2024
UK middle earners ‘struggle’ to make ends meet despite £60k salaries
UK citizens earning the average or close to the average wage are finding it hard to pay rent, afford food…
Denmark’s GDP soars thanks to growing pharma sector
Business
20.02.2024
Denmark’s GDP soars thanks to growing pharma sector
Denmark’s gross domestic product (GDP) grew 2% in the fourth quarter of 2023, largely bolstered by the country’s expanding pharmaceutical…
Israel-Hamas war takes its toll on Israel’s economy
Business
19.02.2024
Israel-Hamas war takes its toll on Israel’s economy
Israel’s economy has been badly affected by its war with Hamas following the attack on Israel on 7 October 2023,…