Price rises in February were primarily due to higher prices for oil and food – Bank of Estonia
Data from Statistics Estonia show that consumer price inflation was 3.4% in February, with prices up 1.3% on the previous month.Preliminary estimates put inflation in the euro area at 2%…
Former Bundesbank president Hans Tietmeyer dies aged 85
The Deutsche Bundesbank mourns the passing of its former president, Hans Tietmeyer, who died on 27 December 2016 at the age of 85. Hans Tietmeyer started working at the Bundesbank in 1990, first as…
Amazon Announces Best-Selling Books of 2016
Harry Potter and the Cursed Child is the best-selling book of 2016 overall and in the Kids & Teens category Harry Potter and the Cursed Child is also this year’s…
AT&T to Acquire Time Warner
New company with complementary strengths to lead the next wave of innovation in converging media and communications industry. -Combination unlike any other — the world’s best premium content with the…
CHRISTMAS CRACKER: UK RETAIL SALES TO GROW AN ESTIMATED 2.5.% IN DECEMBER 2016
As Brits start to turn their minds towards filling this year’s stockings, Mintel estimates that total UK retail sales will grow 2.5% in December 2016 to reach £42.2 billion. Shying…
DONG Energy welcomes consent decision for Hornsea Project Two offshore wind farm
DONG Energy has today (16 August) welcomed the decision of the Secretary of State for Energy to grant development consent for the Hornsea Project Two offshore wind farm, located 89…
Bank of England cuts Bank Rate to 0.25% and introduces a package of measures designed to provide additional monetary stimulus
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its…
Shop prices keep declining in the UK
Period Covered: 04 – 08 July 2016 – Overall shop prices reported deflation of 1.6% in July, from the 2.0% decline in June. This is above the 12-month average of…
Mycronic acquires Shenzhen Axxon Automation Co.,Ltd
Täby, 1 August, 2016 – Mycronic AB (publ), has signed an agreement to acquire 75 percent of Shenzhen Axxon Automation Co.,Ltd (Axxon) for a cash consideration of approximately SEK 430…
LUKOIL COMMISSIONS PHASE I POWER SUPPLY AT USINSKOYE FIELD, KOMI
PJSC LUKOIL commissioned Phase I of the auxiliary power supply plant in the Republic of Komi. The 100 MW power plant is designed to satisfy the growing need in power…
Turkish Statistical Institute: Sectoral Confidence Indices, July 2016 – Services confidence index increased by 5.3%
Seasonally adjusted confidence index which was 95.75 for services in June increased to 100.86 in July. This increase in the services confidence index stemmed from the increased number of managers…
Vattenfall to build a wind farm off Aberdeen
Vattenfall has decided to invest more than SEK 3 billion in a combined wind farm and technology development centre off the Scottish coast The wind farm, known as the European…
UK inflation rate picks up to 0.5%
The Consumer Prices Index (CPI) rose by 0.5% in the year to June 2016, compared with a 0.3% rise in the year to May. The June rate is a little…
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its…
Update EU’s long-term spending plan to cope with crises, urges Budgets Committee
The EU needs to update its long-term spending plan to cope with unforeseen crises such as mass migration, terrorism and youth unemployment, says the Budgets Committee in a resolution voted…