In the final print of the crucial economic indicator before the July national elections, the Office for National Statistics reported on Wednesday that U.K. inflation dropped to the Bank of England’s objective of 2.0% in May. The headline number decreased… Read More ›
Fisker, the most recent electric car company to fail due to funding issues, low sales, and issues with the supply chain and distribution, filed for bankruptcy protection. The popular Ocean electric SUV from Fisker has not seen much demand. The… Read More ›
The national statistics office of Italy – ISTAT, stated on Tuesday that extreme weather events connected to climate change caused a decline in wine, fruit, and olive oil output last year, which in turn caused a decrease in agricultural production in Italy…. Read More ›
If banks continue to be essential to the flow of money as they already are, plans for a digital euro would be “very good” for the currency bloc and its lenders, according to Andrea Orcel, chief executive of UniCredit. Orcel… Read More ›
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