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Germany Faces Economic Headwinds: Bundesbank Warns Of Recession Amidst Global Challenges

The Bundesbank reported on Monday that Germany, Europe's economic powerhouse, is teetering on the brink of recession due to a confluence of factors including weak external demand, cautious consumers, and high borrowing costs. The report highlights the country's struggle since Russia's ...

TBO Tek Acquires Jumbo Tours Groups Online Business for €25 Million

TBO Tek, a global travel distribution firm, has acquired the online business of Spain-based Jumbo Tours Group for €25 million, expanding its presence in Europe....

Adobes $20 Billion Figma Acquisition Called Off Amid Antitrust Concerns in Europe

Adobe and Figma mutually agreed to terminate their $20 billion merger due to pushback from European regulators over antitrust concerns....

Israel-Hamas Conflict To Impact The India-Middle East-Europe Corridor?

The India-Middle East-Europe Corridor was one of the biggest agendas during the no less than Festive G20 Summit held in New Delhi in September. The ambitious IMEC project, although could face some consequences as tensions in West Asia between Israel and ...

Europe Stocks Mixed As Debt Ceiling Talks Continue, Germany's DAX Falls

European markets were mixed Thursday as negative sentiment seen yesterday on the back of ongoing U.S. debt ceiling negotiations continued to weigh, according to a CNBC report. The benchmark Stoxx 600 index was choppy through the morning, moving between narrow losses ...

German GDP Data Showed Surprisingly Negative Signals: Finance Minister

German gross domestic product data for the first quarter showed "surprisingly negative signals," Finance Minister Christian Lindner said on Thursday. Europe's biggest economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from ...

Lights Out, Ovens Off: Europe Preps, For Winter Energy Crisis

As Europe heads into winter in the throes of an energy crisis, offices are getting chillier. Statues and historic buildings are going dark. Bakers who can't afford to heat their ovens are talking about giving up, while fruit and vegetable growers ...

Europe Faces Pressure, To Join Boycott Of Russian Oil And Gas

Europe faces a tough choice: Is it worth a recession to choke off oil and gas money to Russia while it fights a war in Ukraine? The 27-member European Union faces far more economic pain from the war and resulting sanctions ...

Europe Facing Increased Inflation Due To Volatile Causes Such As Oil

Consumer prices spiked higher than expected in Europe in August, boosted in large part by more expensive fuel. Economists say the jump is temporary, but it could raise questions about how persistent higher inflation might turn out to be. The 19 ...

IT Hiring And Exports Growth Outlook Weak-Former Infosys CFO

On the hiring plans in the IT sector as well as industry's export outlook former CFO of Infosys, V Balakrishnan did not sounded optimistic. The IT industry which exports its services to the overseas market does not seem to achieve ...

Is Infosys share price fairly valued at current levels?

Infosys reported Q2 FY 2014 numbers that were largely in line with expectations. What pushed the share prices higher by 4 per cent on Friday, when the company declared its results was the dollar revenue guidance which was upped from 6%-10% ...

Greece woes continue...now Spain compounds misery

As if the mayhem in Greece was not enough, now Spain is adding to the problems in Europe. The country has gone into a recession after its economy contracted 0.3 percent in the first quarter after of 2012. Spanish bond yield ...

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