Economy News

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Germany inflation rate falls for the second month in a row

The high inflation in Germany weakened in July for the second month in a row. However, goods and services still…

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Nord Stream 1: Russia throttles gas flow to 20 percent

However, Gazprom booked significantly higher gas volumes for another pipeline that runs through Slovakia to Germany. / Nord Stream 1:…

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Gazprom further throttles deliveries to Germany

From this Tuesday onwards, 20 percent or 33 million cubic meters of gas would flow through the most important supply…

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Condor makes bulk purchases from Airbus

The company has ordered a total of 41 new Airbus aircraft. The German leisure airline Condor secured a major order…

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German government buys 30% of Uniper

The federal government wants to support the group. / German government buys 30% of Uniper The federal government has decided…

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Gold prices fall to their lowest level in almost a year

The precious metal is coming under pressure, primarily due to the turnaround in interest rates. Gold is still under pressure…

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Tesla: Elon Musk’s company sells most of its bitcoin

The electric car maker said it has dumped 75% of its bitcoin, which was worth about $2 billion at the…

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Nord Stream 1: Gas delivery resumed

Gas is flowing again after ten days: Russia has resumed supplies to Europe through the Nord Stream 1 pipeline. However,…

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H&M withdraws from Russia

But first they should open again for a short time. The fashion group Hennes & Mauritz (H&M) is ending its…

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China’s growth is slowed down

The background to this is the strict Covid measures in the People’s Republic. / China’s growth is slowed down China’s…

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EU expects inflation of 7.6 percent

The EU Commission is now predicting inflation of 7.6 percent. The economy will grow more slowly than recently expected. According…

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Celsius Network has filed for bankruptcy

Cryptocurrencies like Bitcoin are currently under a lot of pressure. Now the price slide is dragging another bank into the…

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Billionaire Klaus-Michael Kühne is Lufthansa’s largest shareholder

He is displacing the federal government as the previous largest shareholder in second place. The federal government is no longer…

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Fuel shortage in Cuba! Rationed sales in Havana

The shortage of fuel has forced the sale of the product to be regulated at gas stations in Havana, where…

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Strike in Norway impacts gas production

Oil and gas workers have walked off the job. Now the prices are going up. Norwegian oil and gas workers…

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