Economy

British American Tobacco Beats Full-Year Profit Estimates, Signals ITC Stake Disposal

British American Tobacco forecast low-single digit organic revenue growth, adding it expected a slow recovery in the United States economy.

Czech Retail Sales Sink In 2023, But Recovery Signs Spotted

Retail sales in the Czechia fell sharply in 2023 amid high inflation, the statistics office said, although signs of recovery among consumers at the end of...

UK Retail Sales Dive In January At Fastest Pace In Three Years: CBI

British retail sales volumes slid in January at the fastest pace for three years, according to an industry survey which echoed weak official data published...

EU To Allow Wider Measures To Control Ukraine Grain Imports

The European Commission is looking into ways of allowing eastern EU member states to restrict farm imports from Ukraine as it extends trade liberalisation...

UK Retail Sales Slump Points To New Risk Of Recession

British retailers suffered the biggest drop in sales for almost three years during December, raising the risk that the economy entered recession late last...

UK Inflation Picks Up Unexpectedly In December After Tobacco Duty Rise

Britain's annual rate of consumer price inflation (CPI) sped up for the first time in 10 months in December following an increase in tobacco duty, increasi...

'Precarious' Year Ahead For World Economy, Davos Survey Predicts

The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions and the disruptiv...

Hungary Takes Aim At 'Shrinkflation' With Mandatory Price Warnings

Hungary's government will require large food retailers from March to display price warnings on products that have shrunk in size, the Economy Ministry said...