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Durable Goods Orders in the U.S. Surge by 9.9% in July

Durable goods orders in the U.S. rose by 9.9% in July, far exceeding expectations. A significant increase in transportation equipment orders was the main driver...

Canada Imposes 100% Tariffs on Chinese Electric Vehicles

Canada has decided to impose 100% tariffs on electric vehicles manufactured in China, following the steps of the United States. In addition to vehicles, Canada...

Ryanair Loses Legal Battle in Italy Over Companion Seat Fees

Italy’s highest administrative court rejects Ryanair’s appeal, upholding the ban on charging extra fees for companions of minors and disabled passengers. The ruling reinforces the...

Poland’s Unemployment Rate Edges Up to 5% in July

Poland's unemployment rate increased slightly to 5% in July, up from 4.9% in June. Despite the rise, the unemployment rate remains one of the lowest...

PDD Holdings Misses Expectations: Q2 Revenue Falls Short of Projections

PDD Holdings, owner of the online store Temu, reported Q2 revenue of 97.06 billion CNY, falling short of the expected 100 billion CNY. Weak consumer...

Norwegian Unemployment Drops to Five-Month Low: July Figures Show Improvement

Unemployment in Norway dropped below 4% in July, reaching its lowest level in five months. The unemployment rate stood at 3.9%, a decrease from June's...

Households in Eastern Germany Face Disproportionately High Energy Costs

Heidelberg, August 26, 2024 (FFN News) – Households in eastern Germany are burdened with disproportionately high energy costs. After adjusting for differences in purchasing...

South Korea to Accelerate EV Battery Certification Program Amid Safety Concerns

Seoul, August 25, 2024 (FFN News) – The South Korean government has announced plans to expedite its electric vehicle (EV) battery certification program, following...

Current Oil Prices: Steady Growth Amid Long-Term Uncertainty

Date: August 26, 2024 - The price of Brent crude oil saw a slight increase today, reaching $79.53 per barrel, marking a 0.65% rise...

Surge in New Home Sales in the U.S. Reaches Highest Level in Over a Year

New home sales in the U.S. increased by 10.6% in July to 739,000 units. Year-over-year, new home sales rose by 5.6%. June figures were revised upward...

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