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French Industrial Production Grows Slower Than Expected in June

Paris, August 2 (FFN) – France’s industrial production returned to growth in June, but at a slower pace than anticipated, according to data released...

Hugo Boss Reports Significant Drop in Profit, Focuses on Cost Cutting

Metzingen, August 1 (FFN) – German fashion brand Hugo Boss has reported a significant drop in net profit in the second quarter. In response...

Nuclear Energy: Sweden and US to Cooperate on Development

Stockholm, August 1 (FFN) – Sweden and the United States have signed an agreement to cooperate on the development of nuclear energy. Both countries...

Meta Achieves $13.5 Billion Net Profit in Q2

Menlo Park, August 1 (FFN) - Meta Platforms (Meta), the parent company of social media networks Facebook and Instagram, significantly increased its revenue and...

Volkswagen Group’s operating profit dips in Q2

Wolfsburg, August 1 (FFN) - Volkswagen Group's profit declined in the second quarter, impacted by challenges faced by its core brands. However, the results...

Services: German group DHL saw a decline in profit in the 2nd quarter

Bonn, August 1 - German logistics group DHL recorded a decline in profit in the second quarter of 2024, as the slowing global...

Energy Giant Shell Sees Profit Rise in Q2

London, August 1 – British energy giant Shell announced on Thursday that its profit for the second quarter of 2024 increased year-on-year but fell...

BMW Profit Slumps in Q2 Amid China Woes

Munich, August 1 – German luxury carmaker BMW reported a decline in profit for the second quarter, hit by higher production costs and weakening...

Oil Prices Surge Amid Middle East Tensions

Singapore, August 1 – Oil prices jumped significantly in Asian trading on Thursday, driven by escalating tensions in the Middle East following the killing...

Hungarian Economy Accelerates in Q2, Exceeding Expectations

Budapest, July 30 (TASR) - Hungary's economy surged ahead in the second quarter, posting its fastest growth in nearly two years. Despite this positive...

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