In the United Kingdom, inflation reached its lowest level in 2.5 years last month, driven by decreases in the prices of meat, biscuits, and other essentials. According to data from the UK’s Office for National Statistics (ONS), British consumers faced a 3.2 percent increase in prices for goods and services in March compared to the […]

Just Eat Takeaway, the prominent entity encompassing Thuisbezorgd.nl, faced a nuanced landscape in its first-quarter performance, marked by a dip in overall order volumes compared to the preceding year. With a decrease of 6 percent, totaling over 214 million orders, the company navigated through shifting consumer behaviors and market dynamics. Across different geographical regions, the […]

ASML, a chip manufacturing company based in Veldhoven, faced a setback in the first quarter as it received fewer new orders than anticipated. The company attributes this to a downturn in the chip industry and forecasts a potential recovery next year. CEO Peter Wennink commented, “We are currently navigating through a transitional year. Our outlook […]

The European gas price continued its ascent on Tuesday, fueled by unrest in the Middle East. Last week, oil prices surged due to the looming threat of an Iranian retaliatory strike against Israel. The price on the gas market rose nearly 3 percent on Tuesday morning to 32 euros per megawatt-hour, marking the highest level […]

The Chinese economy experienced a stronger growth than anticipated in the first three months of 2024, bringing relief to the nation grappling with a real estate crisis, escalating debts of local governments, and sluggish consumer spending. According to the Chinese National Bureau of Statistics, the Chinese economy expanded by 5.3 percent year-on-year in the first […]