Shopper carrying two large shopping bags from the clothing retailer Zara on Oxford Street on 5th February 2024 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping street with around half a million daily visitors...
The chief executive of Denmark's Lego on Tuesday reflected on a tough year for the world's largest toymaker, and outlined the firm's long-term plans to stay relevant and "cool with kids."Lego said its 2023 revenue was 2% higher compared to the previous year, growing to 65.9 billion Danish krone (around...
A construction site with new apartments in newly built apartment buildings.Patrick Pleul | Picture Alliance | Getty ImagesGermany's housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy."The housebuilding sector is, I would say, a little...
Robert Habeck, German Minister for Economy and Climate Protection and Vice Chancellor, is pictured during the weekly meeting of the cabinet on February 21, 2024 in Berlin, Germany.Florian Gaertner | Photothek | Getty ImagesGermany's gross domestic product is now expected to grow by 0.2% this year, down from a...
Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week.Michael Kappeler | Picture Alliance | Getty ImagesGood news has been sparse for...
A screen displays the Dow Jones Industrial Average after the closing bell on the floor at the New York Stock Exchange on Dec. 13, 2023.Brendan Mcdermid | ReutersThe global economy is moving into a new "super cycle," with artificial intelligence and decarbonization being driving factors, according to Peter Oppenheimer,...