Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels—and sent inflation soaring
Inflation has remained stubbornly elevated across the United States and Europe, driven by everything from energy costs to…
Denmark’s Interest Rate Hike: A Response to European Trends
In a decisive move on Thursday, Denmark’s central bank raised its key interest rate by 25 basis points…
Tallinn water bills to rise for households, fall for businesses | News
Tallinn’s water supplier Tallinn Vesi is to raise household water bills by nearly €2 per month. Prices to…
EU cuts growth forecast as energy prices drive inflation higher
The European Commission lowered its economic growth forecast for the European Union after a new energy shock linked…
How Novo Nordisk’s CFO Is Rebuilding Growth
In 2024, Novo Nordisk was Europe’s most valuable company. Its blockbuster drugs used for weight loss, Ozempic and…
The CEO of Maersk, which ships 14% of everything you buy, said the Iran war is adding $500 million in monthly costs it’s trying not to pass down
A prolonged war in Iran will bump the odds of inflation while simultaneously forcing a slowdown in consumer…
Maersk Plans to Pass Iran War-Driven Oil Costs to Customers, CEO Says
The chief executive officer of A.P. Moller-Maersk A/S said the oil shock caused by the Iran war will…
Maersk Sees ‘Resilience’ in Shipping Demand as Revenues Drop
Shipping giant Maersk says it sees “resilience” in demand despite inflation and tariff pressures. The company, widely considered the bellwether…
IMF warns of slower growth and higher inflation amid Iran war
The global economy faces slower growth and rising inflation as the US-Israeli war against Iran disrupts energy supplies…
Brussels Targets Energy Shock with New State Aid Flexibility
The European Commission said on Monday it plans to ease state aid rules to allow member states to…
Fuel prices dip Thursday morning, but cheaper outside central Tallinn | News
As of Thursday morning, fuel prices at pump had eased somewhat from the record highs seen at the…
Trump chaos helps Brussels sell more EU debt – POLITICO
The pitch is working. Money managers from the U.K., Asia, the Middle East, Africa, and Oceania snapped up…