As prolonged Brexit delay took its toll on UK factory growth, the country’s manufacturing purchasing managers’ index (PMI) fell to 53.1 in April, down from March’s 13-month high of 55.1, a survey said on Wednesday. […]
A total of 20,000 passengers are expected to be affected when 280 flights are canceled throughout Scandinavia on Thursday, Scandinavian Airlines (SAS) announced in a press release on Wednesday. “Every canceled flight is a failure, […]
In 2017, around nine out of ten private companies in Germany were family businesses and they employed almost 60 percent of the workforce in Germany’s private sector, according to a study published by the Leibniz […]
The German federal cabinet approved a decree by the Ministry of Labour and Social Affairs on Tuesday that will see pensions in Germany rise noticeably. The cabinet approval of the annual pension adjustment, which is […]
The global rating agency Moody’s has reaffirmed Belarus’ sovereign ratings at B3 with a “stable” outlook, but worsened its macroeconomic outlook for 2019-2020, the agency said in a report. Experts connected the worsening of its […]
The Norwegian Consumer Council has measured a record number of 80,000 inquiries due to Scandinavian Airlines (SAS) pilot strike, public broadcaster NRK reported Monday. “These are huge numbers and they show that there are very […]
Covestro’s earnings before interest, taxes, depreciation and amortization (EBITDA) for the first quarter of 2019 declined 58.4 percent to 442 million euros (493.2 million U.S. dollars), the German producer of high-tech polymer materials announced on […]
The UK-based economic forecasting group EY ITEM Club has lowered its forecast for UK growth to 1.3 percent in 2019 and 1.5 percent in 2020, warning prolonged Brexit uncertainties will continue to dent the UK […]
Although the Palestinian Authority (PA) is currently facing a severe fiscal crisis, it still insists, for the third month in a row, not to receive the monthly tax revenues collected but cut by Israel. Over […]
Bosch has partnered with Powercell to produce fuel cells, the world’s largest supplier of automobile parts announced on Monday. Bosch agreed to co-develop and then mass produce fuel cells for trucks and cars under license […]
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