Tuesday , 16 December 2025

Recent Posts

‘Volkswagen internal investigation needs time’

  AP Volkswagen board chairman Hans Dieter Poetsch says he doesn’t expect an internal investigation into the German automaker’s cheating of US diesel emissions standards, which became public in September 2015, to be wrapped up by year’s end. Poetsch, who was quoted in Saturday’s edition of the Frankfurter Allegemine Zeitung newspaper, said that law firm Jones Day has made good …

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German unemployment declines to a record low as economy powers ahead

  Bloomberg German unemployment fell by the most since 2011, pushing joblessness to a record low as Europe’s largest economy powers ahead. The number of people out of work slid by a seasonally adjusted 30,000 to 2.6 million in March, and the rate dropped to 5.8 percent from 5.9 percent, data from the Federal Labor Agency in Nuremberg showed. Economists …

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Turkey private consumption boosts GDP

  Bloomberg Turkey’s economy grew at a faster pace than anticipated last quarter as households boosted spending, supporting activity following the failed military coup. Gross domestic product expanded 3.5 percent in the October-to-December period, faster than all estimates in a Bloomberg survey of economists, which saw an expansion of 1.9 percent. Seasonally adjusted output rose 3.8 percent from the previous …

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