Business and Economy

Business and Economy Latest News

Berlin-Paris night train to return after nine years
Berlin-Paris night train to return after nine years
by  AFP

A night train linking Berlin and Paris will return in December, nine years after the service was cancelled, Austrian rail operator OeBB said Wednesday. The Austrian, French and German rail companies first announced plans to resurrect the service in December 2020.

US trade deficit widens slightly on rise in imports
US trade deficit widens slightly on rise in imports
by  AFP

A rise in imports widened the US trade deficit in July, government data showed Wednesday, although the increase was smaller than analysts had expected. In July, trade deficit in goods with China rose $1.2 billion to $24.0 billion on a bigger increase in imports than exports. bys/dw

Erdogan pledges support for higher interest rates
Erdogan pledges support for higher interest rates
by  AFP

Turkish President Recep Tayyip Erdogan on Wednesday confirmed a major policy reversal by backing his new economic team's decision to drastically hike interest rates to fight runaway inflation. Erdogan signalled clearly on Wednesday that he now supports higher interest rates.

Energy

Money

Industry

Technology

Economy