Economy

Economy · 3 d ago

Original uploader was LukaP at en.wikipedia · CC BY-SA 3.0 · Wikimedia Commons

Serbia revokes the licence of Alta, a bank popular with Russians

5 pages

The National Bank of Serbia pulled the licence overnight into Saturday, saying Alta's finances had deteriorated and it had liquidity problems. It said it acted to protect depositors and the stability of the financial system.

Economy · 3 d ago

Bitcoin ETFs shed US$643 million in a day, the most since June

4 pages

Four days of inflows totalling US$440.8 million were wiped out on Friday, turning a positive week into a loss of about US$202 million.

Economy · 4 d ago

Coinbase profit jumps 66% to US$719 million, helped by crypto gains

5 pages

Coinbase reported net income of US$719 million for the third quarter, up 66 per cent from US$433 million a year earlier.

Economy · 4 d ago

European gas tops 101 euros for the first time since 2022

4 pages

Europe's benchmark gas price reached 101.82 euros per megawatt-hour on Friday, topping 100 euros for the first time since 2022.

Economy · 4 d ago

Javier Perez Montes · CC BY-SA 4.0 · Wikimedia Commons

Spain's inflation holds at 4.9% in October

5 pages

Spain's annual inflation stayed at 4.9 per cent in October, the same as in September, the national statistics institute's flash estimate shows. It is the highest level since February 2023.

Economy · 4 d ago

Manzanillo goverment · CC BY-SA 3.0 · Wikimedia Commons

Mexico's economy grows 3.2 per cent in the third quarter

4 pages

Output rose 0.9 per cent from the previous quarter, the third straight quarterly gain, Mexico's statistics agency Inegi said on Friday.

Economy · 4 d ago

Lmwangi · CC BY-SA 3.0 · Wikimedia Commons

World Bank warns Africa's fast-growing cities risk missing out on jobs

5 pages

Sub-Saharan Africa's urban population is projected to add 748 million people over the next 25 years, reaching 1.7 billion by 2050.

Economy · 4 d ago

TotalEnergies cuts diesel to 2.15 euros a litre at some French stations

5 pages

The price falls 10 cents on Saturday at 705 stations, which account for 60 per cent of the company's fuel sales. Other stations outside motorways follow on Monday, Nov 2, depending on the diesel market.