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Latest Economic News

German industry is looking for salvation abroad

November, 02 2024

A study conducted in September 2024 among the top managers of 115 industrial companies in Germany revealed alarming trends. Almost half of the respondents (45%) plan to expand abroad. And only a few companies (13%) are interested in new branches within the country. Moreover, 29% of enterprises reported readiness to transfer jobs from Germany, and only a tiny part (4%) is considering the reverse process of returning immigrated employees.The results of the study confirm the fears of managers ... Read More

Latest Economic News

German industry is looking for salvation abroad

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The yen fell to a three-week low

Gold moderately rises in price and ends the month in positive territory

Brent rose to $85.6 per barrel

Apple is testing a new AI tool – Apple GPT

Brent rose to $80.58 per barrel and ends the week with growth

Why are Tesla shares falling despite good results?

Gold prices hit a two-month high

Russian gas exports to China have updated the historical maximum

Oil reserves in the United States decreased less than forecast

Inflation in the eurozone slowed to 5.5% in June

ChatGPT: 3 cryptocurrencies that can grow 1000 times

Oil is stable above the level of $79.50 in anticipation of inventory data in the US

UK inflation in June slowed to the lowest since March 2022

The Turkish lira has updated a record low in anticipation of the Central Bank meeting

The European Council called for the extension of the Black Sea initiative under the auspices of the UN

Russia has suspended its participation in the grain deal

China's GDP growth accelerated to 6.3% in the second quarter

Economic Calendar | July 17 – 21

Global markets are on a positive wave

Experts: the US is facing a difficult period

The dollar index dropped below 100 points for the first time since April 2022

China introduces rules for the use of AI

Elon Musk has created a new company xAI

Brent exceeded the level of $80.50 per barrel

Turkey will continue to work on extending the «grain deal»

Inflation in the US in June slowed down more than forecast

Activision shares rise amid court ruling in favor of Microsoft deal

A new gas field has been discovered in Norway – the largest in 10 years

Oil is trading in a narrow corridor of $77.50-78.50 per barrel

Inflation in Germany in June expectedly accelerated to 6.8%