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• Volkswagen expects a recovery in China’s passenger car market growth this year as supply-chain stresses ease and Covid-19 infections following the country’s pandemic reopening slow down. The world’s biggest car market is set to grow between 4% and 5% this year to 23 million vehicles, said Ralf Brandstaetter, the carmaker’s head of China operations, accelerating from a rise of 1.6% last year. The competition: While growth is set to accelerate, Western carmakers are ...Devamını Oku
17 Oca 2023
⚡ Lightning Round Around 540 people were evacuated in France's southwestern Gironde region as new wildfires raged amid record September temperatures were seen with 39.1°C. At least 17 million people suffered from long COVID across Europe and Central Asia since the beginning of the pandemic, WHO announced. Fresh clashes broke out on the Armenia-Azerbaijan border , with both sides trading blame for the deadly clashes, accusing each other of shelling several bo...Devamını Oku
14 Eyl 2022
• Europe’s new-vehicle sales slumped for an 11th consecutive month as record inflation and falling consumer confidence joined prolonged supply-chain disruptions, reported Bloomberg. Registrations fell by 12.5% in May, according to the European Automobile Manufacturers’ Association. Among major automakers, Volkswagen was the hardest hit, with sales dropping more than 21% from last year's same month. via Bloomberg Furthermore: Forecasters at LMC Automotive cut ...Devamını Oku
17 Haz 2022
• Eurozone factory growth fell to a 14-month low of 56.5 in March from February's 58.2 according to S&P Global's final manufacturing Purchasing Managers' Index (PMI), with analysts noting that the war in Ukraine hindered any possible recovery from the pandemic. Looking ahead: A flash estimate of Eurozone inflation yielded a record 7.5%, according to Eurostat, up from a 5.9% forecast in February.
04 Nis 2022
• The US FOMC announced a long-awaited rate hike of 0.25%, leaving behind a period of accommodative monetary policy during the pandemic and starting what is expected to be a series of monetary policy tightening moves. via Bloomberg Looking ahead: The committee said that it would continue to implement "ongoing increases" on the interest rate to achieve its 2% inflation goal, although analysts expect it to remain above 4% throughout the year.
17 Mar 2022
• Mortgage interest rates in the US spiked above 4% for the first time since 2019, measuring at 4.05% in response to market expectations that the Fed tightens monetary policy swiftly to ease the blow of 40-years-high inflation levels. On a related note: The ECB warned that Eurozone banks' exposure to real estate loans had brought the market to "key vulnerability" as a result of lowered demand for office spaces during the pandemic, and announced that it would be con...Devamını Oku
17 Şub 2022
• Scotland's First Minister Nicola Sturgeon has reiterated her promise to lay the grounds for another independence referendum by the end of 2023. Addressing her Scottish National Party (SNP) conference, Sturgeon said the drive to restart the campaign for an independence vote would begin as soon as the pandemic allows. A step back: UK Prime Minister Boris Johnson has previously refused to grant the legal authority for Scotland to organize a referendum, while the Scot...Devamını Oku
30 Kas 2021
• Airbus cut a multi-billion deal for 255 narrow-body jets with US private equity firm Indigo Partners at the Dubai Airshow, its first major deal since the coronavirus pandemic has begun. “It’s an order that takes us into the second half of the decade – It is a great pleasure to be back on the front foot and looking to the future after the Covid crisis.” – Airbus CEO Guillaume Faury
15 Kas 2021