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French Consumer Confidence Drops to Lowest Level Since December

Consumer confidence in France has been pushed down to 88 in May, according to a monthly survey conducted by the statistics bureau INSEE. The level is the lowest since December last year and can be compared to 91 in April.

French Consumer Confidence Drops to Lowest Level Since December

Weak Economic Data May Lead to ECB Interest Rate Cut in June

A gloomy mood in both the German and French economies is now opening up for a rate cut from the European Central Bank (ECB) in June, writes the news agency Bloomberg. For Europe's largest and most important economy, Germany, the country's composite purchasing managers' index rose to 48.

Weak Economic Data May Lead to ECB Interest Rate Cut in June

China's Central Bank Cuts Key Interest Rates to Boost Economy

China's central bank lowers two key interest rates to stimulate growth in the world's second-largest economy. The one-year lending rate is lowered from 3.

China's Central Bank Cuts Key Interest Rates to Boost Economy

Oil Prices Drop After US-Iran Nuclear Talks Progress

The oil price on the world market is falling clearly since the US President Donald Trump has said that the USA and Iran are approaching an agreement on the country's nuclear program, reports the news agency Bloomberg. .

Oil Prices Drop After US-Iran Nuclear Talks Progress

April Inflation Falls to 2.3 Percent, Boosting Market Sentiment

The stock market mood rises slightly since fresh figures indicated that inflation according to the CPI measure – that is, the increase in annual rate – fell to 2. 3 per cent in April.

April Inflation Falls to 2.3 Percent, Boosting Market Sentiment

US-EU Tariff Agreement Faces Delays, Says Finance Minister

A quick agreement on tariffs and trade between the Trump administration and the EU may be difficult to achieve, according to US Finance Minister Scott Bessent. I believe that the US and Europe will become a bit slower, he says about how the negotiations have gone so far.

US-EU Tariff Agreement Faces Delays, Says Finance Minister

Trump Meets Saudi Crown Prince Over Coffee in Riyadh Visit

The President of the USA, Donald Trump, has arrived in Saudi Arabia. Saudi fighter planes escorted Air Force One to the airport in Riyadh, where Trump was received by Crown Prince Mohammed bin Salman.

Trump Meets Saudi Crown Prince Over Coffee in Riyadh Visit

Trump Signals Possible Reduction in China Tariffs

Over the weekend, the USA and China will sit down at the negotiating table in Switzerland. President Donald Trump is now signaling continued high tariffs, but still lower than today.

Trump Signals Possible Reduction in China Tariffs

Bank of England Lowers Interest Rate to 4.25 Percent Amid Board Division

The British central bank, Bank of England, lowers the interest rate to 4. 25 percent, from previously 4.

Bank of England Lowers Interest Rate to 4.25 Percent Amid Board Division

Norwegian Reports Smaller Than Expected Q1 Loss of 611 Million Kronor

The airline Norwegian reports an operating loss of 611 million Norwegian kronor for the first quarter of the year. This can be compared to the loss of 763 million during the corresponding quarter last year.

Norwegian Reports Smaller Than Expected Q1 Loss of 611 Million Kronor

Eurozone Retail Trade Slightly Down in March

Retail trade in the eurozone in March decreased by 0. 1 per cent compared to the month before, according to the statistics agency Eurostat.

Eurozone Retail Trade Slightly Down in March

Novo Nordisk Shares Climb 4 Percent Despite Lowered 2025 Forecast

The Danish Novo Nordisk reports an unexpectedly strong result for the first quarter of the year. But the forecast for the full year 2025 is lowered.

Novo Nordisk Shares Climb 4 Percent Despite Lowered 2025 Forecast

Tesla's European Sales Decline Despite Updated Model Y

The European sales for electric car maker Tesla – with the world's richest man Elon Musk as founder and CEO – continue to plummet. An updated Model Y did not help.

Tesla's European Sales Decline Despite Updated Model Y

Service Sector Recovery Stalls as Activity Declines Unexpectedly

The recovery in the service sector has come to a halt and activity in the sector is unexpectedly decreasing, according to the purchasing managers' index from Swedbank and Silf. The slowdown is weighing down development in the business sector.

Service Sector Recovery Stalls as Activity Declines Unexpectedly

Eurozone Investor Sentiment Improves Slightly in May

The sentiment among investors in the eurozone is negative but not quite as gloomy in May as it was in April, according to the monthly Sentix index. The main index rose to minus 8.

Eurozone Investor Sentiment Improves Slightly in May

Shell Considers Potential Acquisition of Rival BP

The London-based oil giant Shell has brought in advisors to evaluate the opportunity to acquire its rival BP. But Shell wants to see if the oil price and BP shares do not fall a bit first, according to sources for the news agency Bloomberg.

Shell Considers Potential Acquisition of Rival BP

Oil Production Increase May Lower Gas Prices in Sweden

The oil cartel Opec and Russia will continue to increase their production in June. The quotas are being raised by 411,000 barrels per day, according to a new decision.

Oil Production Increase May Lower Gas Prices in Sweden

EU Plans 17th Sanctions Package Against Russia in Coordination with US

The EU is preparing a 17th sanctions package against Russia – and hopes to coordinate it with the USA, according to Foreign Minister Jean-Noël Barrot to AFP. .

EU Plans 17th Sanctions Package Against Russia in Coordination with US

US GDP Falls 0.3 Percent in First Quarter Amid Recession Fears

The US economy is stalling and a new wave of recession fears is dragging down the stock market on Wall Street. Statistics also show that unexpectedly few jobs are being created and that inflation remains at a level that makes it difficult to stimulate growth with lower interest rates.

US GDP Falls 0.3 Percent in First Quarter Amid Recession Fears

China's Manufacturing Slows as Trade Tariffs Take Effect

The Chinese manufacturing industry is losing momentum in the wake of Donald Trump's trade tariffs. .

China's Manufacturing Slows as Trade Tariffs Take Effect

IMF Approves Loan to Argentina Amid Board Doubts and Political Ties

Indebted Argentina recently received the green light for a new giant loan from the International Monetary Fund (IMF). However, around half of the IMF board, which decides on the loan, felt doubts and believed that everything seemed predetermined from the start, according to several anonymous sources for the news agency Bloomberg.

IMF Approves Loan to Argentina Amid Board Doubts and Political Ties

Wall Street Rises for Third Day on Interest Rate Optimism

In two trading days in a row, the New York Stock Exchange had risen from weeks of ashes. It became a third day in a row when a renewed hope of lowered interest rates in the USA contributed to lifting stock prices.

Wall Street Rises for Third Day on Interest Rate Optimism

German Government Forecasts Zero Growth for 2025

Germany's government is lowering its growth forecast for 2025 to zero, from previously 0. 3 percent.

German Government Forecasts Zero Growth for 2025

US Finance Minister Anticipates Easing of China Trade Tensions

The US Finance Minister Scott Bessent has said at a meeting for investors that the trade war against China is unsustainable and that he expects the situation to be scaled down in a "very near future", according to sources. .

US Finance Minister Anticipates Easing of China Trade Tensions