UK inflation slows to 7.9 per cent in June
Consumer prices in Britain rose by 7.9 per cent year-on-year in June. The rate of price growth slowed from 8.7 per cent in May...
Japanese firms offer highest wage rise in 30 years, unions say
Japanese companies have offered the highest wage increases in 30 years in negotiations with employees this year. That's according to a survey by Rengo,...
Nike beat estimates with revenue growth, but margins remain under pressure
American sportswear and footwear manufacturer Nike increased revenue by five percent to $12.8 billion (CZK 279 billion) in the fourth financial quarter, beating analysts'...
Hyundai to invest 109.4 trillion won by 2032, raises electric car sales target
Automaker Hyundai Motor has increased its investment target to 2032 by more than 14 percent to 109.4 trillion won (CZK 1.85 trillion). It wants...
Swiss approve carbon neutrality bill and higher tax in referendum
The Swiss have today approved in a referendum a climate bill aiming to achieve carbon neutrality by 2050. The Alpine country also approved an...
Chinese industry and retail confirm that the economic recovery is stalling
May data from Chinese industry and retail trade confirm that the economic recovery is stalling. The data did increase, but from last year's low...
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...
Meta plans a new text-based social network to compete with Twitter
Meta, the US internet company that owns Facebook, has shown employees a plan for a text-based social network to compete with Twitter. The upcoming platform...
Japan plans to triple its semiconductor sales by the end of the decade
Japan plans to triple sales of its semiconductors to more than 15 trillion yen (CZK 2.4 trillion) by 2030. The world's third-largest economy is...
China’s economic recovery surprisingly slows down
China's economic recovery is surprisingly slowing. The purchasing managers' index fell for the second consecutive month and the services producer index is also weakening....
