Tag: Europe
Eurozone inflation accelerates to 2.6 percent in July
The rate of inflation in the euro area accelerated to 2.6 percent in July from 2.5 percent in June, the statistics office Eurostat said...
Gas price for the European market is close to this year’s...
The wholesale gas price for the European market for next month's delivery today exceeded €33 per megawatt-hour (MWh) and is close to this year's...
Ryanair posts record profits, up 34 per cent year-on-year
Irish low-cost airline Ryanair Holdings increased profits by 34 per cent to a record €1.92 billion in the last financial year. The performance was...
German economy could strengthen slightly in the quarter, Bundesbank says
The German economy could show moderate growth in the first quarter. It was unexpectedly helped by industry and construction. But signs of a significant...
Clothing chain H&M almost triples operating profit in the first quarter
Swedish clothing chain H&M Group almost tripled its operating profit to SEK 2.08 billion (181 million EUR) in the first quarter of its financial...
French casino chain widens loss to €5.7bn last year
The French retailer Casino, whose takeover was agreed by a consortium of companies around Czech businessman Daniel Křetínský, deepened its losses last year. The...
Euro strengthens after ECB Monetary Committee meeting
The European currency is strengthening today, hitting its highest level in two weeks against the dollar. The euro was supported by the European Central...
Amazon employees strike on Black Friday in several European countries
In several European countries, the employees of the American internet retailer Amazon are on strike starting today, Reuters reported. The Make Amazon Pay campaign...
Germany’s unemployment rate remained at 5.7 percent in September
The number of people out of work in Germany increased by 10,000 to 2.642 million in September, according to seasonally adjusted data. This was...
Ifo: Business sentiment in Germany is poor, expectations slightly improved
Business sentiment in Germany deteriorated again in September, but the pace of decline slowed down significantly compared to the previous four months. The value...
