Business and Economy

Business and Economy Latest News

Germany cuts 2024 growth forecast as economic woes pile up
Germany cuts 2024 growth forecast as economic woes pile up
by  AFP

The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe's largest economy was in "difficult waters" as it faced a series of headwinds. "The German economy is still in difficult waters," Hebestreit told reporters.

Food watchdog lodges complaint over Nestle mineral water 'fraud'
Food watchdog lodges complaint over Nestle mineral water 'fraud'
by  AFP

Consumer watchdog Foodwatch said it was filing a legal complaint Wednesday against food giant Nestle and another group over them allegedly fraudulently treating water for their top mineral water brands. Foodwatch said it was lodging its complaint with a Paris court against Nestle Waters, behind brands such as Perrier and Vittel, and the Sources Alma group, which also owns several water labels.

France seeks to placate farmers as protests flare up again
France seeks to placate farmers as protests flare up again
by  AFP

France's Prime Minister Gabriel Attal sought to head off fresh farmers' protests Wednesday, as they resumed direct action including dumping produce and blocking roads in pursuit of their demands. In some of the angriest protests in Europe, French farmers were out in force for more than a week in January, using tractors to block key roads into Paris and other major highways nationwide.

Energy

Money

Industry

Technology

Economy