Business & economy

World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.

The Big Question: Will using The Cloud stop us achieving our green targets?

Every day at work we’re sending emails, saving documents, adding numbers to spreadsheets. Outside of work we frivolously snap photos…

IKEA opens its first Irish distribution centre to speed up deliveries

Swedish furniture giant IKEA is expanding its operations in Ireland by opening a new distribution centre today, based in Rathcoole,…

UK inflation drops to two and a half year low as food prices cool

The UK year-on-year inflation report for March 2024 came out on Wednesday morning, clocking in at 3.2%, according to the…

LVMH stock falls as consumers rein in spending on luxury goods

The world’s largest luxury group, which is controlled by the family of billionaire Bernard Arnault, said its fashion and leather goods…

Europe’s defence dilemma: The difficulties of weighing up the costs and benefits

Russia’s invasion of Ukraine in 2022 sent shockwaves across Europe, prompting a reassessment of security priorities and defence strategies across…

Tesla results: What opportunities will Q1 earnings provide for its shares?

Tesla has endured a harsh selloff in the first quarter, with shares plummeting by nearly 30% as the EV maker…

IMF Outlook: Eurozone growth set to rebound, but inflation at risk amid Middle East turmoil

After a sluggish growth rate of only 0.4% in 2023, largely due to the impacts of the Ukraine conflict, the…

Italian inflation steadies as markets await ECB rate cut

Italy’s CPI inflation figure was unchanged in the month to March while the rate of price increases came in at…

European markets slump as investors weigh Middle East developments

At the time of writing (13:17 CET), Germany’s Dax was down 1.39% at 17,778.64 points, France’s CAC 40 declined 1.29%…

Blackstone buys EV gigafactory land, quelling UK net-zero dreams

US private equity giant Blackstone has recently announced that it has bought some property in Cambois, Northumberland, which investors had…

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