Tag: Europe
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...
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....
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....
Swiss central bank surprisingly keeps base rate at 1.75 percent
The Swiss central bank surprisingly kept its key interest rate at 1.75 percent today. It justified its move on the basis of...
Norway’s sovereign wealth fund becomes the largest shareholder in Swiss bank...
Norway's sovereign wealth fund has become the largest shareholder in Swiss bank UBS, which recently took over its smaller competitor Credit Suisse....
Lego’s net profit fell by 17.7 percent in the first half,...
For the Danish toy manufacturer Lego, net profit fell by 17.7 percent to 5.1 billion Danish crowns (just under 700,000,000 euros) in...
German economy stagnated in the second quarter, according to statistics
Germany's gross domestic product (GDP) remained unchanged in the second quarter compared to the previous three months, with the economy contracting by...
ECB: No significant recession awaits the eurozone economy in the coming...
The Eurozone economy will continue to grow in the coming years and is unlikely to slip into any deeper or more permanent...
British economy surprises in the quarter, but lags behind others
The British economy grew by a surprising 0.2 percent in the second quarter compared to the previous three months, helped mainly by...
Siemens is back in profit, but is cautious about its biggest...
German industrial conglomerate Siemens posted a net profit of 1.4 billion euros in its third financial quarter after a loss of 1.5...
