German consumer prices, which are in line with EU regulations, rose 2.5% annually in June 2024 after increasing 2.8% the previous month, according to preliminary statistics released by the Federal Statistical Office (Destatis) of the nation. The consumer price index rose by 0.2% over the previous...

Fisker, an American electric vehicle manufacturer that filed for bankruptcy earlier in June, has voluntarily recalled over 12,500 vehicles in North America and Europe due to potential issues with external door handles, the company said in a statement. 8,200 Ocean flagship SUVs in the United States,...

Leading oil exporter Saudi Arabia may lower the pricing of the crude grades it supplies to Asia for a second month in August, following Dubai's decline as a benchmark for the Middle East, according to trade sources.   Around 80% of Saudi Arabia's oil exports go to Asia, thus the prospective...

According to an official survey released on Sunday, China's industrial output declined for a second consecutive month in June while services activity dropped to a five-month low. These findings support the need for more stimulus as the country's economy continues to struggle to recover.  ...

In the Federal Reserve's annual health check, American banking titans demonstrated that they had sufficient capital to survive significant market and economic volatility by announcing intentions to increase their third-quarter payouts on Friday.   The biggest lender in the United States,...

Because of the biggest decline in goods prices in six months and a little increase in the cost of services, U.S. monthly inflation remained steady in May, indicating that the Federal Reserve would likely begin reducing interest rates later this year.   The Commerce Department's data,...

According to some experts, a rare unexpected adjustment to Japan's GDP for the first quarter might result in a severe reduction, which could have an impact on the central bank's growth projections and the timing of its next interest rate rise.   The government said on Tuesday that it will...

In the realm of political meme coins, at least, Donald Trump has established a clear lead against Joe Biden.   Recently, as the November U.S. presidential election approaches and the bitter rivals get ready for their first public debate, the volume and value of cryptocurrency tokens...

China tariffs hit Australia's wine sector, which scrambled to find new markets, import grapes, and approach the government for assistance, but was unable to counteract the impact of declining exports, according to industry leaders.   That suggests what might be in store for the food and...