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Boeing Proposes 25% Pay Increase to Prevent Potential Strike

Seattle, 9 September 2024 (FinanceFlashNews) - In a strategic move to avert a potential strike, Boeing has offered its employees a 25% pay increase...

China’s Year-on-Year Inflation Reaches 0.6% in August

Consumer Price Index (CPI) rose 0.6% year-on-year in August, the highest in six months. Food prices jumped by 2.8%, mainly due to floods and heatwaves...

European Commission Concerned About the State of the Automotive Industry

The European Commission (EC) is deeply concerned about the challenges facing the automotive industry, particularly regarding cost-cutting measures at Volkswagen. Commissioner Thierry Breton emphasized the...

Investor Sentiment in Eurozone Falls to 8-Month Low in September

Investor sentiment in the eurozone dropped to -15.4 points in September, the lowest level since January 2024. Concerns over the eurozone's economy, especially Germany, are...

Passenger Car Sales in China Declined for Fifth Consecutive Month in August

Passenger car sales in China fell by 1.1% in August to 1.92 million units, marking the fifth straight monthly decline. Sales of electric and plug-in...

Business Sentiment in German Residential Construction Worsens Again

The Ifo Institute's confidence index for residential construction fell to -47.9 points in August from -46.4 in July. Half of the surveyed companies expect a...

Fitch Upgrades Turkey’s Credit Rating to BB-

Fitch Ratings raised Turkey’s long-term foreign currency debt rating to BB- from B+, with a stable outlook. The upgrade reflects improvements in fiscal policy and...

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