BERLIN, June 26 Reuters Recession in Germany is expected to end in the spring quarter, the Bundesbank said in its monthly report on Monday, adding that gross domestic product would rise slightly in the April to June period. Private consumption should bottom out, experts from the German central bank wrote in the report. Thanks to […]

LONDON, June 26 Reuters British retail sales fell again in June as household finances were squeezed by the rising cost of living but stores expected sales volumes to stabilise next month, a survey showed on Monday. The Confederation of British Industry39;s CBI monthly distributive trades index fell to 9 from 10 in May. Martin Sartorius, […]

BERLIN, June 26 Reuters A German governmentappointed commission on Monday proposed raising the minimum wage to 12.41 euros 13.53 per hour from 2024 and to 12.82 euros from January 2025, although analysts said the hike was not enough to compensate for inflation. Raising the minimum wage, which increased to 12 euros per hour in October […]

Oil rises in choppy trade, rouble hits 15month low Gold climbss above 1,930 an ounce Defence stocks under pressure in Europe LONDON, June 26 Reuters Global shares fell while gold rose after an aborted uprising by Russian mercenaries raised questions about the strength of President Vladimir Putin39;s grip on power, leaving investors little option but […]

Ethylene, propylene capacity growth outpaces demand Glut threatens Asian, European rivals China39;s producers suffer losses in market share battle June 26 Reuters China is relentlessly adding new petrochemical capacity despite a global glut as the country39;s refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. In […]