Wealth dip affects Italy’s SMEs
In a bid to shore up its economy, Italy is actively seeking the savings of its citizens. However, this strategy…
H. Kong retail sales rose 7.8% in Dec. ’23
Hong Kong’s retail sales surged by 7.8 per cent to record HK$36.3 billion ($4.64 billion) in December 2023…
Google inks offshore wind energy deal
Technology giant Google announced on Thursday that it has signed its largest ever power purchase agreement (PPA)…
Hydro to invest €180 mln in new Spanish aluminium recycling plant
Norwegian aluminium manufacturer Hydro plans to invest €180 million ($195.39 million) in a new recycling aluminium…
Deutsche Bank to cut 3.5K jobs as profits fall
Deutsche Bank is planning to cut 3,500 jobs after recording a net profit of 1.4 billion euros in the fourth quarter…
Shell revenues drop to 30% in ’23
Shell reported 2023 revenues of $28 billion, down 30 per cent from the previous year's record, due to the decline…
UAE, Qatar central banks keep rates unchanged in tandem with Fed move
The UAE and Qatar central banks have kept the interest rates unchanged, following the U.S. Federal Reserve’s move…
Fed’s FOMC leaves interest unchanged
The Federal Reserve left interest rates untouched at 5-1/4 to 5-1/2 per cent, according to the Federal Open Market…
URGENT: CBE denies issuing new rules for cash withdrawal
The Central Bank of Egypt (CBE) confirmed on Wednesday in a statement a short while ago that no new instructions…
German inflation drops to 3.1% in Jan
German inflation rate fell to 3.1% in January, slightly more than what was predicted due to a drop in energy…
