Soul Patts and Brickworks to create $9bn Australian holding company

RobertGok -
Australian investment company Washington H. Soul Pattinson (Soul Patts) and building materials manufacturer Brickworks will merge into a company worth $9bn, The Wall Street...

German inflation forecast for the second half of 2025

RobertGok -
Economic experts forecast a further decline in inflation in Germany in the second half of 2025. The main contributing factors are: Lower energy prices Strengthening of...

A court in the US has blocked most of Trump’s tariffs. The administration has already filed an appeal

Георгий Милославский -
A court in the US has ruled that President Donald Trump exceeded his authority by imposing sweeping tariffs. A three-judge panel of the US Court...

VIG increased gross premiums by 8.3% to EUR4.65bn

RobertGok -
Vienna Insurance Group (VIG Austria) increased gross written premiums (GWP) by 8.3% to EUR4.65bn in the first quarter of 2025, driven by growth across...

Trump Media wants to raise $3bn to invest in cryptocurrencies

RobertGok -
Trump Media & Technology Group Corp. (TMTG), the parent company of Donald Trump's social network Truth Social, plans to raise $3bn to buy cryptocurrency,...

Fitch affirmed Ukraine’s rating at “limited default” level

RobertGok -
International rating agency Fitch Ratings affirmed Ukraine's long-term foreign currency Issuer Default Rating (IDR) at 'Restricted Default' (RD) on Saturday night Kyiv time. "Fitch believes...

Belarus and Hungary signed a roadmap for co-operation in the nuclear power industry

Георгий Милославский -
On 23 May, Budapest hosts a meeting of the working group on cooperation between Hungary and Belarus. This was reported to the Belarusian state...

Norway reduced gas production by 2%

RobertGok -
Natural gas production in Norway in April totalled 10.19 billion cubic metres, which is 2% less than in the same month last year, according...

easyJet increased its loss by 16%, revenue by 8%

RobertGok -
British budget airline easyJet Plc in the first half of fiscal 2025 increased its loss by 16%, revenue - by 8%. According to a press...

Baidu increased its net profit by 42%

RobertGok -
Chinese Internet giant Baidu Inc. increased its net profit in the first quarter of 2025 by 42%, revenue - by 3%. As noted in the...
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