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Turkish Inflation Drops Below Expectations, Hitting 44% in December

ISTANBUL – Turkey's inflation rate showed a sharper-than-expected decline in December 2024, reaching an annual rate of 44.38% and a monthly rate of 1.03%,...

Russia’s Car Market Rebounds with 47% Growth in 2024

MOSCOW, Jan 5 (FinanceFlashNews.com) – Sales of new passenger cars in Russia skyrocketed by 47% year on year, reaching 1.55 million units in 2024,...

Foxconn Surpasses Expectations with Record Q4 Revenue Driven by AI Demand

TAIPEI, Jan 5 – Taiwan's Foxconn (2317.TW), the world's largest contract electronics manufacturer, has exceeded market expectations by posting its highest-ever revenue for the...

Gazprom Maintains Stable Gas Deliveries to Europe, Sending 42.3 Million m³ on Monday

Brussels, October 14 (FinanceFlashNews.com) – Gazprom, Russia’s gas producer, announced on Monday that it will continue to deliver 42.3 million cubic meters (m³) of...

Markets Anticipate Faster ECB Rate Cuts as Eurozone Inflation Falls

Frankfurt, October 14 (FinanceFlashNews.com) – Financial markets are predicting that the European Central Bank (ECB) will cut interest rates again this week as inflation...

Tax Hike in France Will Hurt Investments, Warns Stellantis CEO

Paris, October 14 (FinanceFlashNews.com) – The French government's plan to increase taxes on large corporations could negatively impact investments, according to Carlos Tavares, CEO...

Finland’s Inflation Drops to Lowest Level in Nearly Four Years

Helsinki, October 14 (FinanceFlashNews.com) – Year-on-year inflation in Finland dropped to its lowest level since December 2020 in September 2024, driven primarily by falling...

Moody’s Downgrades Belgium’s Credit Outlook to Negative

Brussels, October 13 (FinanceFlashNews.com) – Moody's Ratings downgraded Belgium’s credit outlook from stable to negative on October 11, citing concerns over the country’s growing...

Car Sales in China Decline, but Passenger Vehicle Sales See Growth

Beijing, October 13 (FinanceFlashNews.com) – Overall car sales in China experienced a slight decline in September 2024, but sales of passenger vehicles rose, supported...

Lufthansa Plans Further Flight Reductions, CEO Spohr Warns

Frankfurt, October 13 (FinanceFlashNews.com) – Carsten Spohr, CEO of Lufthansa, has announced that the airline will be further reducing flight schedules in Germany, citing...

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