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.

Gold rush as metal holds onto it shine: What’s behind the surge?

Gold has surged by 14% year-to-date, outpacing the 10% rally of the S&P 500 this year. Gold futures peaked at…

UK stakes its claims to second spot in worldwide online gambling

The UK has bagged second spot in the top online gambling nations list in 2024, with a projected revenue of…

BMW unveils AI driven plans for it’s Munich plant to go electric only

Paving the way is a €650million investment that’s already seen construction begin on a new assembly line and body shop;…

Eye on the Markets: Eurozone GDP and US CPI in the Spotlight

Some pivotal economic data will be lined up and drive the financial market sentiment this week. Investors will focus on…

Housing in Europe: How do homeownership and tenancy rates compare?

The housing crisis is a growing concern across Europe, marked by shortages and escalating rents. Approximately 70% of EU residents…

Is part-time work fuelling Germany’s economic woes?

“Part-time work must be the exception, not the rule,” said politician Michael Kretschmer in an interview with German newspaper The…

Difficult to digest cost of doner kebabs in Germany prompts price cap calls

Over the years, the doner kebab, introduced to Germany by Turkish immigrants, has established itself as a staple of low-cost…

Town-sized private land in the Arctic is up for sale for €300 million

The last remaining privately owned land on the Svalbard Archipelago in Norway, “with significant environmental, scientific and economic importance” is…

ECB signals a ‘plausible’ June rate cut as European equities hit record highs

The monetary policy accounts of the latest European Central Bank’s meeting in April indicated that the Governing Council finds it…

How Europe’s most vulnerable are hindered from opening bank accounts 

In Romania, around three out of ten people over 15 did not own a bank account in 2021, while in…

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