Euro zone inflation surges past ECB target on oil shockEuro zone inflation surged to 2.5% in March, exceeding the ECB's 2% target, driven by soaring oil and gas prices due to the Iran war. This ...
Inflation more worrying than growth on Iran war, ECB’s Nagel saysEuropean Central Bank Governing Council member Joachim Nagel stated that inflation is a greater concern than economic growth due to the war...
Kuehne+Nagel opens new Container Freight Station in MumbaiThe station incorporates eco-friendly features like electric material-handling equipment and solar-powered lighting, aiming to enhance oper...
Kuehne+Nagel launches new air logistics gateway in Bengaluru to enhance global networkGlobal logistics giant Kuehne+Nagel has opened a new air cargo hub in Bengaluru, India. This strategic move aims to boost connectivity and ...
Invested $50M in India, pharma & IT propel growth, says logistics major Kuehne + NagelKuehne + Nagel say automation and sustainability are the future of logistics and India’s strategic location, its skilled workforce and exce...
Kuehne+Nagel India, Magenta Mobility join hands to decarbonise road servicesKuehne+Nagel has partnered with Magenta Mobility to transition their fleet in India to electric vehicles, as part of their commitment to su...
India’s road logistics network has the potential to be better than Europe’s: Kuehne+Nagel’s Hansjoerg RodiAlthough highly fragmented currently, Kuehne+Nagel’s Hansjoerg Rodi says the country shows enough promise to leapfrog its western counterpa...
Italian bank Mediobanca to invest $13 million in JV with UK's Founders Factory in fintech pushMediobanca will invest €12 million ($13 million) in a joint venture with Founders Factory with a view to building up 35 fintech ventures ov...
German economy 'still struggling': Bundesbank chiefGermany unexpectedly slipped into a mild recession in the final months of 2022 and the start of 2023, as the energy crisis sparked by Russi...
European shares open flat as rate-hike jitters weighEuropean shares opened flat on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic gro...
ECB could still need big rate hike beyond March, Nagel saysA neutral rate, which neither stimulates nor slows growth, can only be estimated and while most policymakers in the past put it at between ...
Global uncertainties pushing manufacturing towards India: Kuehne+Nagel’s Coen Van Der MaarelGiven the uncertainties around the world, India is uniquely placed to see global manufacturers increasingly opting to base their production...
ECB's Nagel warns crisis-tool use can lead to 'dire straits'With the ECB's first rate hike approaching, investors are questioning whether surging borrowing costs could force weaker nations into a rep...
Neem tree extract can help treat Covid & reduce its spread, says new studyThe study shows that the components of Neem bark may target a wide range of viral proteins.
Logistics firms reap "vaccine economy" benefits as EU gears up for roll-outLogistics firms like Kuehne + Nagel, Germany's Deutsche Post DHL, Denmark's DSV Panalpina and Spain's Grupo Logista have turned COVID-19 di...
Saradha scam accused Manoj Nagel released from jailA city court today ordered the release of Manoj Nagel, who was arrested by the West Bengal Police in connection with the Saradha scam.
Bat ManA bat in the belfry equals lunacy; as does ‘batty’, which is synonymous with being soft or scrambled in the head!