Tag: Europe
PKN Orlen, the Polish owner of Unipetrol, more than tripled its...
Poland's largest refiner PKN Orlen, owner of Czech Unipetrol, more than tripled its net profit to PLN 9.01 billion (CZK 47.3 billion)...
Eurozone has not yet won the fight against high inflation, Bundesbank...
Further interest rate hikes will be necessary to combat high inflation in the eurozone. This was stated by the head of the...
PPF increases stake in German media company ProSiebenSat.1 to 13.1 percent
PPF Group has increased its stake in German media company ProSiebenSat.1 Media from 12 percent to 13.1 percent. Reuters reported this, citing a...
Volvo Cars to cut around 1,300 office jobs in Sweden
Swedish car manufacturer Volvo Cars will cut around 1,300 office jobs in Sweden. This corresponds to around six percent of its Swedish...
Cineworld cancels plan to sell its operations in Eastern Europe and...
British cinema operator Cineworld has cancelled plans to sell its operations in Central and Eastern Europe and Israel. It was not satisfied...
World stocks firmed in the first quarter, many European indices are...
Stocks on global markets have mostly firmed in the first three months of this year. The most followed US stock index S&P 500,...
Economic sentiment in Slovakia improved in March but is worse year-on-year
The overall economic mood of businesses and consumers in Slovakia improved in March, mainly due to more positive assessments in the industry...
The investment company Central Europe Industry Partners (CEIP) has launched investment...
The investment company Central Europe Industry Partners (CEIP) has launched another investment fund in the Czech Republic and Slovakia focusing on the...
European Central Bank must continue raising rates, says board member
We must strike while the iron is hot and continue to raise interest rates. This is how Isabel Schnabel, a member of the...
The Santa Claus rally in the stock markets is not happening...
So far, there is no indication that a Santa Claus rally is about to hit the stock markets. That is, the growth that...