Putin says ‘Thank God’ some foreign companies have left Russia
President Vladimir Putin said on Thursday that he was glad some foreign companies had left Russia because home-grown businesses could take their place, and he warned the West that Moscow would still find ways to acquire advanced technology and luxury goods.
Italian Exhibition Group, first quarter 2022 exceeds expectations
IEG - Italian Exhibition Group, a company listed on Euronext Milan, closed the first three months of 2022 brilliantly. Just recently, in fact, IEG's Board of Directors approved an interim management report at 31st March 2022 that exceeded expectations.
Germany begins filling western Europe’s biggest gas storage site
Germany has started filling the huge Rehden gas storage facility abandoned by Russia's Gazprom (GAZP.MM), the site's state-appointed manager said on Thursday, as Europe's biggest economy looks to guard against the risk of Moscow turning off supplies.
The Bank of England flags risk of recession and 10% inflation as it raises rates again
The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1%.
French economy stalls in first quarter, inflation hits new record
France's economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections.