Business & Money

The number of active drilling rigs in the United States decreased by 2 to 263 this week, down by 700 year on year, according to the weekly data released Friday by Houston-based oilfield services company […]

Albanian economy is expected to fall in 2020 as unemployment will increase, Central Bank Governor Gent Sejko has said. Sejko made the remarks while addressing lawmakers in the parliament on the Annual Report of the […]

New passenger car registrations in Germany fell by almost 35 percent to 1.21 million cars in the first half of 2020, based on figures by the Federal Motor Transport Authority (KBA), the German Association of […]

The Irish service sector continued to fall sharply in May compared with the same period last year, but at a slower pace, according to figures released by the country’s Central Statistics Office (CSO) on Friday. […]

BMW planned to produce electric drives for more than half a million electrified vehicles per year by 2022 at its largest European production site in Dingolfing, a town in southern Bavaria, the German carmaker announced […]

German parliament (Bundestag) on Thursday passed a resolution saying that the European Central Bank (ECB) has met the requirements from a top German court concerning the bank’s massive bond-buying program. Germany’s Federal Constitutional Court ruled […]

U.S. companies have filed for bankruptcy at the fastest pace since 2013 as the COVID-19 fallout continues to ripple through the country, The Financial Times reported on Tuesday. Citing data from legal services group Epiq, […]

The consumer price index in June logged the lowest level since May 2000 as the novel coronavirus pandemic stretched deep the country’s economy and depressed demands. The National Agency of Statistics on Wednesday announced that […]

The consensus among key economic observers is that Italy will emerge strongly from the economic slowdown that has held it since the emergence of the coronavirus pandemic earlier this year. But there is still no […]