Tag: Europe
Wizz Air returns to full-year profit after three years of losses
Hungarian low-cost airline Wizz Air has returned to profit after three years of losses, thanks mainly to strong travel demand. Net profit for the...
UniCredit: CEE economies to grow by three pct in 2024 and...
UniCredit economists expect the economies of Central and Eastern Europe to grow by around three percent in 2024 and 2025, with similar growth rates...
UBS had a loss of 785 million CZK for the quarter....
Switzerland's largest bank UBS posted a loss of $785 million for the third quarter. This is due to the $2.1 billion in costs associated...
Euro depreciates due to unfavourable data on the eurozone economy
The euro is weakening against the US dollar today due to unfavorable data on the eurozone economy. Around 18:30 CET, the single European currency...
Goldman Sachs has improved its estimate for this year’s earnings of...
Profits of companies that are part of the pan-European STOXX Europe 600 stock index are expected to increase by about three percent this year....
European stocks rose sharply, having their best day in almost a...
European shares rose sharply today and had their best day in almost a year. They were helped by moderate comments from members of the...
Verkor wins more than two billion euros to build battery plant
French electric vehicle battery manufacturer Verkor has secured more than two billion euros to build its giant battery plant in Dunkirk, northern France.
Raising the...
British oil group BP’s profit fell by 70 percent, but the...
The British oil company BP managed a net profit of $2.59 billion (CZK 56.3 billion) in the second quarter, which is a year-on-year drop...
French carmaker Renault returns to net profit in the first half...
French carmaker Renault has posted a net profit of 2.12 billion euros in the first half of this year after a loss of 1.68...
Polish refiner PKN Orlen buys Austrian petrol station network
Poland's largest refiner PKN Orlen, which owns Czech Unipetrol, has bought Austria's Doppler Energie, expanding its retail business into a seventh European market. Doppler...
