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Rome alarmed by French push into Italian finance
The Italian government is increasingly worried about the growing French presence in its finance industry, with two…
Egypt’s food exports up 3.9% last week
Egypt’s food exports reached approximately 210,000 tons during the week of December 14-20, a 3.9 per cent rise from…
ECB’s Vujcic: Rate cuts to persist in 2025
The European Central Bank (ECB) will maintain its course of reducing borrowing costs in 2025, according to…
Cotton futures rebound, March cotton down
Cotton futures ended higher on Friday, with March cotton down 121 points for the week.
Uzbekistan’s foreign trade turnover reaches $59.4b in 11m of ’24
Uzbekistan's foreign trade turnover (FTT) reached $59.4 billion in 11 months of 2024, showing a 3.6 per cent…
EBRD offers $13.5 to support Armenia’s 1st sustainability bond
The European Bank for Reconstruction and Development (EBRD) has invested $13.5 million (€12.9 million) in Team…
EU consumer confidence drops for 2nd consecutive month
Consumer confidence in the EU and the euro area declined in December 2024, according to a flash estimate conducted…
EU approves €1b loan to Egypt
The European Commission has approved a €1 billion loan to Egypt under the Macro-Financial Assistance (MFA)…
Sri Lanka’s IDB announces strategic shift in industrial development
Sri Lanka’s Industrial Development Board (IDB) will focus on the electrical, electronic, and mechanical sectors…
VW averts closures, announces workforce reductions
Volkswagen announced on Friday a comprehensive restructuring plan that includes 35,000 future job cuts and reduced…