germany

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Euro zone inflation hits yet another record high after big jump

Euro zone inflation rose to another record high in July and its peak could still be months away, keeping pressure…

3 years ago

‘Recession is in the air’: German economy stagnates in 2nd quarter

The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic and…

3 years ago

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine,…

3 years ago

Russia resumes gas flows via Nord Stream, Europe still wary

Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, the operator said, allaying…

3 years ago

Exclusive: HSBC set to push back against Ping An breakup proposal

HSBC Holdings Plc (HSBA.L) is set to speed up its exit from non-core markets and deploy additional capital in Asia, in a…

3 years ago

Germany’s gas crisis in charts: Pipeline repair, and then what?

The flow of gas from Russia to Germany through the Nord Stream 1 pipeline stopped on Monday as a planned…

3 years ago

EXCLUSIVE Germany to overhaul laws to allow energy bailouts – sources

Germany's government will have the power to take stakes in utilities and impose emergency levies on consumers under proposed legal…

3 years ago

Stocks and oil tumble as recession fears mount

World stock markets and oil prices hit the skids on Wednesday as the persistent palpitations about rising interest rates and…

3 years ago

European shares rise, dollar slips as market selloff pauses

European shares opened higher on Tuesday, recovering slightly from last week's 17-month lows as the selloff paused, but major central…

3 years ago