German retail sales fell by far more than expected in July after two months of sharp increases, data showed on Wednesday, in a first sign that a consumer-driven recovery in Europe’s largest economy might be loosing some steam in the third quarter.
The Federal Statistics Office said retail sales dropped 5.1% on the month in real terms after a revised jump of 4.5% in June and an increase of 4.6% in May. The July reading missed a Reuters forecast for a fall of 0.9%.
Photo: epa07208321 A woman walks on the Kurfuerstendamm street with KaDeWe shopping bags in Berlin, Germany. EPA-EFE/HAYOUNG JEON
The European Parliament has overwhelmingly backed proposals for Europe’s first sustainable tourism strategy, with Maltese MEP Daniel Attard saying the sector’s future must balance econom...
European Union governments and institutions are heading for a bitter battle over the bloc's 2028-2034 budget, as fresh defence and competitiveness demands vie for funds against more tra...
Morning Briefing
Labour's first proposals centre on families and first-time buyers Labour has launched its 2026 election campaign with a package of early proposals aimed at first-time...
Morning Briefing
Malta set for 30th May General Election: Maltese voters will go to the polls on May 30 after Prime Minister Robert Abela called a general election nine months before ...
The European Parliament has thrown its weight behind demands for a bigger long-term EU budget, approving its position for negotiations on the bloc’s next seven-year financial framework f...
Disinformation is no longer spreading only through fringe actors or political agitators, but through a digital system that rewards outrage, sensationalism and engagement above accuracy, ...
Swiss International Air Lines (SWISS) will end duty-free sales on board its flights, marking the close of a long-standing retail practice in commercial aviation as the carrier adjusts to...
OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the producer alliance is likely to stick to...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
Malta Public Transport will be operating extended late-night services on the final night of the Malta International Fireworks Festival, scheduled for Thursday 30th April, ensuring specta...
Malta Public Transport announces that it will be operating two additional evening trips between Mġarr and Nadur in Gozo on Saturday 18 April 2026 to facilitate passenger travel following...
Shipping traffic through the Strait of Hormuz remained at a virtual standstill on Monday with just three crossings in the space of 12 hours, according to shipping data.
The oil prod...
Rights groups, including Amnesty International, say Iran carries out more executions per capita than any other country, and more in total than any nation except China, where reliable fig...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Ukraine struck Russia’s oil infrastructure in the Black Sea port city of Tuapse for the third time in a month, local authorities said Tuesday.
The city, which declared an environmenta...
Russian forces have taken 1,700 square km (656 square miles) of territory in Ukraine this year and are advancing on its so-called fortress belt in Donbas, Moscow's top general said whil...
