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German inflation at highest level in nearly half a century

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Cologne, Germany, February 19 2022: Consumer prices in Germany increased an annual 8.7% in May, the Federal Statistics Office said on Monday.Sascha Schuermann...
Business

After the ‘hippie’ bus and the Beetle, VW has its eyes on America once again

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As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it...
Business

European markets are set to fall at the open; France’s Macron to be re-elected as president

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LONDON — European stocks are expected to open sharply lower on Monday as the sell-off in global markets continues into the new trading...
Business

European markets trade lower after Fed’s Powell signals a rate hike next month

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European stocks fell in early trading on Friday after Federal Reserve Chair Jerome Powell said a half-percentage point rate hike is "on the...
Business

Russia’s invasion of Ukraine could spark a NATO defense spending spree

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The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization,...
Business

Nord Stream 2 cost $11 billion to build. Now, the pipeline lies abandoned and its fate is uncertain

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A worker adjusts a pipeline valve at the Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline,...
Business

European markets set to turn lower amid doubts over latest Russian pledges over Ukraine

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LONDON — European stocks are expected to open flat to lower on Wednesday following the latest round of talks between Russia and Ukraine,...
Business

European markets head for higher open as investors follow Ukraine developments

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LONDON — European stocks are expected to open higher on Monday as investors continue monitoring developments in the war between Ukraine and Russia.The...
Business

Venture capital fund backed by Russian oligarch Abramovich removes all traces of operations online

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Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on...
Business

Omicron’s ‘stealth’ subvariant BA.2 could go ‘wild’ in Europe before going global, top epidemiologist says

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Doctor Immanuel Hardtmann holds a syringe with the vaccine Moderna in a temporary vaccination center inside the Excursion boat Alexander von Humboldt on...

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