Focus Estate Fund acquired three shopping centres in Poland

Focus Estate Fund has acquired three shopping centres - Sosnowiec plaza, Ruda Szlenska Plaza, Rybnik Plaza - in Poland with a total leasable area...

US economy grows 2.4 per cent in the fourth quarter of 2024

The US economy expanded at an annualised rate of 2.4 per cent in the fourth quarter of 2024, the Commerce Department said in its...

Steel production in Ukraine: February 2025 results

Ukraine's steelmakers in February 2025 melted 572,000 tonnes of steel, which is 7.5% more than in February 2024. However, compared to January, the volumes...

World’s largest steel producers (February 2025)

In February, global steelmaking decreased by 3.4% (to 144.7 million tonnes). The top ten largest producers saw a decrease in volumes, except for India...

Egypt’s economy grew 4.3% in Q2, tourism added 18%

Egypt's economy grew by 4.3% in the second quarter of the 2024/2025 fiscal year (October-December) compared to the same period a year earlier, the...

Porsche SE suffers record €20bn loss due to asset write-downs

German holding company Porsche Automobil Holding SE (Porsche SE) recorded a net loss of €20bn in 2024 due to large-scale write-downs of the value...

ulta Beauty posted better-than-expected revenue, improved guidance, shares soared 12%

US-based ulta Beauty Inc, owner of a chain of cosmetics shops, has reported net income and revenue in the third quarter of fiscal 2024...

Shell downgraded its outlook and announced a write-down of up to $3bn

British-Dutch Shell has cut its liquefied natural gas (LNG) production forecast for the fourth quarter of 2024 and warned that the trading division's performance...

The world economy will grow by 2.8% in 2025. – UN forecast

  The global economy will grow by 2.8 per cent in 2025, similar to the rate of recovery last year, UN economists forecast. Global GDP growth...

Latvian economic forecast for 2025

According to Swedbank, Latvia's economy will grow by 2.2% in 2025, and the pace will accelerate to 2.8% in 2026. After a 0.2% decline...
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