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...
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
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 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...
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...
Petrol Price in UAE – Can We Expect Its Drop?
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Current state of petrol price in UAEWhat factors are influencing the petrol price in UAEPetrol price in UAE - possible drop
Current state of...
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
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...
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...
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...