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Goldman Sachs analysts have increased their 12-month U.S. recession odds by 10 percentage points to 25 percent
Booking.com will appeal the "unprecedented" decision, arguing it offers valuable programs to support accommodation partners
The eurozone's service sector inflation declined to 4 percent from 4.1 percent in June
Germany, Eurozone's biggest economy, unexpectedly contracted 0.1 percent in Q2
Exports reached €19.8 billion ($21.5 billion), mainly due to increased prices of olives and olive oil
The agreement aims to build trust, ensure predictability for businesses, and remove barriers to digital trade
However, global demand growth is expected to fall below 2 percent year-over-year in the second half of 2024
14.64 million foreign nationals entered China through various ports during the first six months of the year
Real GDP grew by 1.1 percent in 2023, supported by net exports, while consumption remained weak
In 2023, wealth growth across the world has recovered from its 3 percent contraction the previous year
Data showed that Asia was an outlier that registered inflows of $3.1 billion in H1 2024
Inflation in Europe's largest economy had already slackened to 2.3 percent in March, its lowest level since June 2021
Photovoltaic systems generated more than 10 billion kilowatt hours of electricity in one month for the very first time in June
The deal calls for taxing farmers 300 Danish crowns ($43.16) per ton of CO2 in 2030, increasing to 750 crowns by 2035
GDP grew by 0.8 percent sequentially, a faster pace than the 0.7 percent growth seen in the fourth quarter of 2023
While the ECB must ensure inflation returns to 2 percent, it shouldn’t overly dampen economic activity with interest rate cuts
External financial assets reached $1.911 trillion at the end of December last year
Madrid is expected to receive investments of more than 6 billion euros from the cloud industry in the next three years
This marks the lowest annual increase in the consumer price index since mid-2021, in line with analysts' forecasts
France central bank governor calls on governments and regulators to boost capital markets union to help close investment gap
Eurosystem staff now see headline inflation averaging 2.5 percent in 2024, 2.2 percent in 2025, and 1.9 percent in 2026
This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic
The tech giant plans to deploy 20,000 advanced GPUs at its Swedish data centers
Until this month, Eurozone inflation had been steadily declining towards the ECB's 2 percent target
