German consumer sentiment improves for a second month in April, driven by higher income expectations and lower savings, but remains weak amid ongoing recession fears, GfK and NIM report.
Despite global trade tensions and manufacturing slowdown in Germany, Central and Eastern European economies demonstrate remarkable resilience with growth projections significantly outpacing the euro area.
Donald Trump’s trade…
With the European People’s Party (EPP) Congress under way in Valencia, where state and party leaders are set to gather, the party’s President Manfred Weber cautioned against the authoritarian wave arriving in Europe, pledging to firmly reject any formal alliance with parties he…
The nation is still outperforming many European peers, with consumption set to remain robust as the year continues.
By Gergely Szakacs
BUDAPEST (Reuters) -Central Europe has limited fiscal space to offset the economic hit from tariffs given high deficit levels across much of the export-reliant region, which must find new engines for growth amid a shake-up…
Swiss drug firm Novartis reported on Tuesday that it had generated a better-than-expected profit in the first three months of the year.
Net sales were up 15% on a constant currency basis to $13.2 billion, compared to the $13.12 billion estimated by analysts.
Core operating income came…
HSBC has announced a multibillion-dollar share buyback plan despite a decline in profits and revenue. The bank stated that economic uncertainties are weighing on business growth, expecting a low single-digit percentage direct impact on group revenue.
Jakub Krupa
Lights flickered back to life across most of Spain and Portugal after a massive blackout hit the Iberian peninsula, stranding passengers in trains and elevators while millions lost phone and internet…
Officials in Ukraine and Europe believe U.S. President Donald Trump is close to walking away from peace talks aimed at ending Russia’s war against Ukraine, The Financial Times reported on April 28, citing sources familiar with the matter.
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The morning political podcast which gives you all need for the day ahead in 20 minutes, usually with Sky News’ Sam Coates and Politico’s Anne McElvoy.
But, for this episode, Anne is somewhere over the Atlantic travelling back from the US so Sam is joined by Politico’s Tim…