German private sector expands in May – survey
German private sector activity grew for the second month in a row in May, led by strong services, according to a…
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UK utilities slide amid election announcement
UK utilities experienced a significant decline in early London trading on Thursday following Prime Minister Rishi…
European stocks inch up on Nvidia’s upbeat forecasts
European stocks saw slight gains on Thursday following optimistic forecasts from Nvidia, boosting global…
France’s economy sees unexpected private sector contraction
France's private sector unexpectedly contracted in May after showing growth in April, with both the services and…
EGP fluctuates against USD in early Thursday trading
The Egyptian Pound (EGP) showed fluctuations against the US Dollar (USD) at the market opening on Thursday, May 23,…
I Squared to invest $5b in Asia Pacific by ’27
Global infrastructure investor I Squared Capital plans to invest $5 billion in the Asia Pacific from 2025 to 2027,…
April sees 5.7% decline in Russian steel production
Russian steel production dropped by 5.7 per cent year-on-year to 6.2 million tonnes in April 2024, and the total…
German investments hampered by defence, social costs – minister
Defence, social spending, and interest payments are the ‘big blocks’ constraining the German budget, stated German…
Germany unveils plan for eco-friendly product market
Germany’s economy ministry has introduced a concept to establish a market for eco-friendly products as part of the…
EGP slips against USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…