People walking in the streets of Montmartre, Paris, France, on April 23, 2024. Nurphoto | Nurphoto | Getty ImagesPrice rises in the euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter, according to flash figures published Tuesday.Headline inflation of 2.4% was...
Christian Meunier, chief executive officer of the Jeep brand at Stellantis NV, during the 2023 New York International Auto Show (NYIAS) in New York, US, on Wednesday, April 5, 2023.Bloomberg | Bloomberg | Getty ImagesGlobal automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing...
An Airbus' employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024.Sebastien Salom-gomis | Afp | Getty ImagesAirbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at...
The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase.Analysts had forecast a...
One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty.The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024 and projects the same rate in 2025."When we do the risk...
Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday.That was slightly higher than the forecast from economists polled by Reuters of 3.1%, but was down from 3.4% in February.Food prices provided the biggest downward drag on the headline rate, the ONS...
Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the 1990s.drmartens.comShares of Dr. Martens plunged 30% on Tuesday to hit a record low...
Plane contrails streak across the sky over Regent Street on February 15, 2024 in London, England. Dan Kitwood | Getty ImagesLONDON — The U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said on Friday, providing another sign of a return to sluggish economic growth this...
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2024. Bloomberg | Bloomberg | Getty ImagesThe European Central Bank on Thursday held interest rates steady for a fifth straight meeting, as anticipation builds for rate cuts in...
Two women hold an umbrella while sitting at an outdoor table of a cafe on April 01, 2024 in Rome, Italy. Emanuele Cremaschi | Getty Images News | Getty ImagesInflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published on Wednesday.Economists polled by Reuters...