Puma’s financial results hit by Argentina’s currency devaluation
German sports apparel retailer Puma announced today that its financial results for the fourth quarter of 2023 and the full year were impacted by Argentina’s [more…]
Category: Germany
Germany’s economy shows flexibility in Q3 2023 during challenging times
In the face of mounting economic challenges, Germany demonstrated its resilience in the third quarter of 2023. Despite lower household consumption and initial concerns of [more…]
Porsche AG’s resilience shines in 2023 amid industry challenges
In a recent announcement, Porsche AG confirmed its 2023 guidance, showcasing robust financial performance and unwavering confidence in the face of challenges. The German sports [more…]
Recession looms as business activity contracts in Germany for fourth consecutive month
Berlin, Germany – Business activity in Germany has taken a somber turn as it contracted for the fourth consecutive month in October, hinting at the [more…]
Europe experiences a significant decline in inflation, providing a ray of optimism amid the looming specter of rising oil prices
In September, the persistent inflation troubling Europeans took a notable nosedive, sparking optimism that consumers may eventually find relief from the burden of more expensive [more…]