World Economy News

Criticized Dutch electronics maker Philips has said it will end sales of new sleep aids in the US after a series of recalls continues to weigh on financial results

World 29.01.2024 - 10:29

Philips reported losses of €463 million in 2023.

Wizz Air reported significant growth in its business in Cyprus

World 26.01.2024 - 08:00

Wizz Air reported significant growth in its business in Cyprus

Microsoft has become the second-ever $3 trillion company as the artificial intelligence boom sent the company's stock soaring

World 25.01.2024 - 08:59

Microsoft's value has surpassed $3 trillion

Renewable energy sources will replace coal as the main source of energy

World 24.01.2024 - 11:51

Coal is losing its main energy generation crown

ArcelorMittal has asked for a "friendly" deal for a major steel plant in Italy

World 21.01.2024 - 12:20

ArcelorMittal has asked for a "friendly" deal for a major steel plant in Italy

Oil prices rise amid Red Sea crisis

World 20.01.2024 - 13:30

Oil prices rise amid Red Sea crisis

Electric cars

World 18.01.2024 - 11:03

New car sales in Europe grow by 13.9% in 2023

Bayer

World 18.01.2024 - 08:44

Bayer plans significant cuts

BP appoints Murray Auchincloss as permanent CEO

World 17.01.2024 - 21:22

BP appoints Murray Auchincloss as permanent CEO

Bitcoin consumed as much energy as 167 countries combined in 2023

World 16.01.2024 - 19:37

Bitcoin consumed as much energy as 167 countries combined in 2023

Counterfeit goods cost Europe's clothing, cosmetics and toy industries €16 billion and almost 200,000 jobs each year

World 16.01.2024 - 14:59

The EU loses 16 billion euros a year due to counterfeit goods

Turkish companies have implemented infrastructure and superstructure projects in Africa worth tens of billions of dollars

World 15.01.2024 - 09:38

Turkish companies are implementing over $85 billion worth of projects in Africa

Artificial intelligence poses risks to job security around the world, but also offers a "tremendous opportunity" to boost lagging productivity levels and boost global growth

World 15.01.2024 - 09:35

Head of the IMF Kristalina Georgieva: AI holds risks, but also huge opportunities for the global economy

The annual meeting of the World Economic Forum in Davos begins

World 15.01.2024 - 08:26

The annual meeting of the World Economic Forum in Davos begins

Bulgargaz offers 6% cheaper natural gas since February

World 14.01.2024 - 20:30

Bulgargaz offers 6% cheaper natural gas since February

Morgan Stanley will pay $249 million in trading fraud lawsuit

World 13.01.2024 - 06:44

Morgan Stanley will pay $249 million in trading fraud lawsuit

Airbus broke its own record with over 200 aircraft orders

World 11.01.2024 - 21:00

Airbus broke its own record with over 200 aircraft orders

IAEA: World increased renewable energy capacity by 50%

World 11.01.2024 - 18:00

IAEA: World increased renewable energy capacity by 50%

Cuba's cash-strapped government has announced fuel prices will rise by more than 500% from February 1

World 09.01.2024 - 11:31

Cuba Increases Fuel Costs By More Than 500%

Turkish Airlines (THY) has announced that it will ground all five Boeing 737 MAX 9 aircrafts in its fleet following an accident involving an Alaska Airlines aircraft

World 07.01.2024 - 10:39

Turkish Airlines has grounded all its Boeing 737 MAX 9 aircrafts