Economy News

Economy

BNP Paribas Reports a Strong 12.5% Revenue Growth to €5.28B in Q1 2025 Amid Economic Uncertainties

BNP Paribas announced a 12.5% rise in Q1 2025 revenue to €5.28B, with a net income of €2.95B, a 4.9% decline. CEO Jean-Laurent Bonnafe reaffirmed the bank's 2024-2026 growth trajec...

Economy

April Brings a Glimmer of Hope: French Consumer Confidence Rises Slightly

France's consumer confidence saw a slight improvement in April, with the overall indicator rising to 92. While personal financial outlooks remained stable, future savings capacity ...

Economy

China and US Yet to Begin Trade Negotiations Amid Tariff Dispute, Spokesperson Reveals

Chinese Foreign Ministry spokesperson Guo Jiakun stated that China and the US have not begun trade negotiations over recent tariffs. Guo called for US respect and dialogue, critici...

Economy

German Business Climate Shows Slight Improvement in April Amid Rising Uncertainties

The German business climate improved slightly in April, with the Business Climate Index rising to 86.9, exceeding expectations. However, future expectations dimmed as the Expectati...

Economy

Norway's Giant Wealth Fund Faces $40B Quarterly Loss Amid Tech Sector Turmoil

Norway's Norges Bank Investment Management reports a $40 billion loss in Q1 2025, attributed to market fluctuations and tech sector downturns, with equities forming 70% of the fund...

Economy

Bundesbank Warns of Potential Economic Slowdown in Germany's Q2 Amid Weak Demand

The Bundesbank warns of a potential economic slowdown in Germany's second quarter, citing weak demand and a softening labor market, despite a slight GDP rise in Q1. Industrial outp...

Economy

BNP Paribas Reports a Robust 12.5% Revenue Growth to €5.28B in Q1 2025 Amid Economic Uncertainties

BNP Paribas reports a 12.5% revenue growth to €5.28B in Q1 2025, with a slight net income decline. The bank emphasizes strategic investments and resilience in Europe's economic lan...

Economy

France Sees a Slight Uplift in Consumer Confidence This April, What's Behind the Rise?

France's consumer confidence index slightly improved in April, with the overall indicator rising to 92 from 91 in March. While some indicators like personal financial outlook remai...