European Central Bank raises interest rates as Iran war generates inflation pressures
Eurosystem staff revised up their baseline projection for inflation in 2026 and 2027
Commercial aircraft to number 40,000 by 2030
China set to lead fleet size growth, while Western Europe lags behind
Ngozi Okonjo-Iweala to become first African, first female WTO Director-General
The WTO has been without a Director General since Roberto Azevêdo stepped down early amidst Sino-US economic conflict
IMF lifts global growth forecast in light of COVID vaccine progress
The IMF’s now predicts a growth of 5.5% in 2020
Top EU diplomat hopes Russian COVID vaccine will be approved in bloc
Russian scientists say it appears safe, and is effective against COVID
Oil titans shaken as 2020 decimates demand
Pandemic sees BP, Shell and Exxon report brutal annual losses
Spotify expects at least €200 million loss in 2021, even as active users grow 27% in 2020
Shares in Spotify plunge 8% in the wake of the news
After Google, Facebook threaten to quit Australia, Microsoft breaks ranks by pledging support
The move will weaken the position of Google and Facebook, who have threatened repercussions if the legislation goes through
iGaming industry left in the lurch by UK/EU data-sharing negotiations can only ‘wait and see’
A post-Brexit 4-6 month interim data-sharing agreement was agreed between Britain and the EU
Jeff Bezos to step down as Amazon CEO
On Tuesday the company released a record breaking quarterly earnings report
US COVID battle achieves symbolic victory as more people vaccinated than have tested positive
The US is currently vaccinating more than a million people daily
British citizens eligible to register maritime vessels under the Maltese flag post-Brexit
British passport holders gain privelage previously only granted to EEA, EU and Swiss passport holders
EU business registrations increase by 45.3% in Q3 2020
EU data shows increase in bankruptcy and business registration
Online fashion retailer Asos buys Topshop, Topman & Miss Selfridge brands
The deal is reportedly worth £295 million (€335 million)
Ryanair to continue with European expansion plan despite €306 million Q3 loss
The airline says it will embrace growth opportunities, 'where competitor airlines have substantially cut capacity or failed'
AstraZeneca vaccine recommended for approval by European Medicines Agency
Deputy PM Chris Fearne says imperative that agreed delivery dates and quantities are maintained