Bloomberg Business

Asking prices for Irish properties dropped 0.4% in the fourth quarter of 2022 in a sign of how demand is softening as inflation and rising interest rates eat into consumer spending power.

Bulgaria’s president gave a former ruling party the chance to create a new government and steer the nation out of a political crisis that may lead to the fifth elections in two years.

German discount supermarket chain Aldi recorded its best Christmas shopping season yet in the UK as the squeeze on living conditions led British consumers to save money on groceries.

Chinese equities overcame an early bout of volatility to advance on the first day of the new year as optimism grew that Covid infections may have peaked in some parts of the nation.

Philippine President Ferdinand Marcos Jr. said his government expects to sign more than 10 agreements with China during his visit there starting Tuesday, as he seeks to shift the two nations’ ties to “higher gear.”

British rail workers walked off the job on Tuesday, paralyzing transport for much of this week and adding to the troubles piling up for Prime Minister Rishi Sunak’s government.

German unemployment unexpectedly fell as Europe’s largest economy showed resilience just as Europe’s energy crisis inflicts a likely recession.

The Philippines’ main airport will continue to have flight delays Tuesday as airlines reel from a technical glitch on New Year’s Day that stranded thousands of passengers and caused a backlog at the flag carrier that could take weeks to clear.

Israel’s central bank said a weaker shekel is putting pressure on inflation, with its governor signaling it’s prepared to act should the currency throw off the outlook for consumer prices.

Norway’s Blastr Green Steel is planning a €4 billion ($4.3 billion) investment to construct a low-carbon steel factory in Finland in what could be one of the largest industrial projects to take place in the Nordic country.