International Energy Agency: One in five cars sold this year will be electric.

International Energy Agency: One in five cars sold this year will be electric

Around one in five cars sold this year will be electric globally. In a forecast published today, the International Energy Agency (IEA) estimates that...
Zurich

Switzerland’s largest bank UBS quarterly profit falls 52 percent to $1 billion

Profit at Switzerland's largest bank UBS fell 52 percent to about $1 billion (about CZK 21.2 billion) in the first quarter. The financial institution is...
Nine European countries to discuss construction of wind farms in the North Sea

Nine European countries to discuss construction of wind farms in the North Sea

Representatives of the nine countries around the North Sea will today discuss the construction of wind farms. The leaders of Belgium, Denmark, France, Germany,...
cineworld

Cineworld cancels plan to sell its operations in Eastern Europe and Israel

British cinema operator Cineworld has cancelled plans to sell its operations in Central and Eastern Europe and Israel. It was not satisfied with the...
Russian oil exports were the highest in three years in March despite sanctions

IEA: Russian oil exports were the highest in three years in March despite sanctions

Despite Western sanctions, Russian oil exports reached their highest level in the last three years in March, or since April 2020. However, Moscow's revenue...
Fuel prices vary considerably from country to country. For example, in some oil-producing countries the cost of petrol can be less than $1 a liter, while in European countries the cost per litre of petrol can be more than $2.

Petrol Price in UAE – Can We Expect Its Drop?

Article content Current state of petrol price in UAEWhat factors are influencing the petrol price in UAEPetrol price in UAE - possible drop Current state of...
Tesla

Tesla achieved record sales in the first quarter. It celebrated with its own beer...

According to interim data, Tesla sold 422,875 cars during the latest quarter, a 36 percent increase from the previous year and a 4 percent...
IMF downgrades global economic growth estimate to 2.8 percent this year.

IMF downgrades global economic growth estimate to 2.8 percent this year

The International Monetary Fund (IMF) has downgraded its estimate of global economic growth this year. According to the Fund's updated forecast, global gross domestic...
Sino-US tensions could cost the world economy two percent of GDP

IMF: Sino-US tensions could cost the world economy two percent of GDP

Sino-US tensions could weaken the global economy by two percent of gross domestic product (GDP), the International Monetary Fund (IMF) said in a report...
saudi arabia, fitch, rating, A+

Fitch upgrades Saudi Arabia’s credit rating by one notch to A+

Fitch Ratings today upgraded Saudi Arabia's credit rating by one notch to A+. The rating outlook is stable, indicating that Fitch does not anticipate...

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