Even if interest rate reductions begin, their installment will decrease by a minimal amount in euros, and the difference in…
US inflation looms large with Asia on holiday
A look at the day ahead in European and global markets from Wayne Cole. It’s been unsurprisingly quiet in Asia…
German commercial property prices post biggest-ever drop, data shows
German commercial property prices fell 12.1% in the final three months of 2023 compared with a year earlier in their…
Russian rouble steadies near 91 vs dollar, buoyed by oil prices
The Russian rouble steadied near 91 to the U.S. dollar on Monday, held up by relatively high oil prices, as…
Dispute continues over 6% electricity price rise
The discussion surrounding Electricity Authority of Cyprus’ (EAC) request for a 6% increase in tariffs for 2024 is muddled by…
Weight-loss drugs tied to benefit after hip replacement
New diabetes and weight-loss drugs may benefit patients undergoing hip replacement, without adding to complication risks, according to preliminary data…
Biden calls on snack companies to stop ‘shrinkflation” rip-offs
U.S. President Joe Biden on Sunday called on snack companies to stop shrinkflation, which is when businesses cut product sizes…
EU Commissioner Schmit: It is not the wages pushing prices up, but the profits
After 15 years of successive crises, European citizens have seen their purchasing power and living standards drop, while the EU,…
EU agrees on looser fiscal rules to cut debt, boost investments
EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc’s stringent fiscal rules, giving governments…
Kition Ocean Port makes deal with striking workers
Kition Ocean Port on Saturday said that it reached an agreement with its striking employees at Larnaca Port. The company’s…