Economy

German Business Morale Approaches 2023 On High Note: Ifo

German business morale rose more than expected in December as the outlook for Europe's largest economy improved despite the energy crisis and high inflatio...

Britons Worry About Running Out Of Food, Keeping Warm, Survey Finds

One in six people in Britain are worried about running out of food and more cannot keep warm enough in their own homes, according to an official survey on...

Russia's Magnit Races To Open Discount Stores As Living Standards Slump

Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers across the country turn to cut-price options...

K Group's New Digital Platform Will Help Local Producers Showcase Their Goods

Finnish retailer K Group has launched a new digital platform that will enable small, local producers to showcase their goods and explore growth opportuniti...

Russia's Ozon To Open China Office To Boost Cross-Border Sales

Russian online retailer Ozon Holdings said on Monday it was opening an office in Shenzhen in China to boost cross-border sales to Russian shoppers on its p...

Russian Weekly Consumer Prices Edge Up Slightly

Consumer prices in Russia rose slightly for the seventh consecutive week at the start of November, data showed, as the central bank tries to balance compet...

Russian Weekly Consumer Prices Rise For Third Week Running

Weekly consumer prices in Russia rose for the third week running, data published on Wednesday showed, after almost three months of weekly deflation and a l...

German Retail Sales, Industrial Output Fall As Inflation Tightens Grip

Data on Friday showed inflation's tightening stranglehold on the German economy, with a surge in import prices and falls in industrial output and retail sa...