Germany records €23.6b budget deficit in H1 ’24
Germany's federal budget recorded a deficit of €23.6 billion for the January–June 2024 period.
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Germany’s federal expenditure down 4.0% in H1 ’24
Germany's federal expenditure amounted to €220.0 billion from January to June 2024, reflecting a 4.0 per cent (€9.2…
Germany’s tax revenue rises 6.2% in June
Germany's federal and state tax revenue rose significantly in June, up 6.2 per cent year-on-year to €91.7 billion…
UPS gains volume, misses profit expectations
UPS saw its first rise in US package volume since 2022 during the second quarter (Q2), but profits and revenue fell…
Energean’s $1.2b Katlan project to start in ’27
Energean announced a $1.2 billion investment to develop the Katlan gas project off Israel, with production expected…
Egypt’s FRA sets new rules for carbon certificate trading
The General Authority for Financial Supervision (FRA) has issued decree No. 1732 of 2024, setting stringent…
Thailand extends electricity, diesel price cuts
Thailand's cabinet has decided to extend reductions in electricity and diesel prices to ease the cost of living for…
Kenya seeks IMF approval for economic plan
Kenya has submitted an economic repair plan to the International Monetary Fund (IMF), with the IMF board expected…
Australia announces new offshore gas exploration permits
Australia announced new offshore gas exploration permits on Tuesday for its east and west coasts to address…
BRICS to establish joint geological platform
The BRICS countries, with Egypt's participation, have agreed to establish a joint geological platform aimed at…