City Prague Financial News

The Czech Republic’s central bank has cut its key interest rate for the sixth time in a row as inflation falls and the economy recovers more slowly than expected

The Czech government says South Korea’s KHNP has won a lucrative public tender to build at least two nuclear reactors in the Czech Republic as the country tries to become more energy independent and wean itself off fossil fuels

The Czech brewer Budvar, which has been embroiled in a long legal dispute with U.S. beer giant Anheuser-Busch over the use of the Budweiser brand, says it increased its net profit, output and exports in 2023

Amazon Prime Video's "Blade Runner 2099" series has expanded its cast, adding nine actors. The series continues the story from the original «Blade Runner» films, and production is underway in Prague and Barcelona. Cast The upcoming «Blade Runner 2099» TV series on Amazon Prime Video has revealed new additions to its cast. Michelle Yeoh and Hunter Schafer, previously announced as series leads, will be joined by several new actors. Dimitri Abold and Lewis Gribben are set to appear as series regulars. The series will also feature Katelyn Rose Downey, Daniel Rigby, Johnny Harris, Amy Lennox, Sheila Atim, and Matthew Needham in recurring guest star roles.

growth strategy and gives the Czech firm a competitive advantage for its international expansion plans. The company’s development and manufacturing base in Pune is a springboard into Asean and Middle East.

The Czech Republic’s central bank has cut its key interest rate for the fifth straight time as inflation remains low and the economy shows signs of recovery

Bitcoin mining appears to be having a moment. As the price of the flagship crypto asset scaled to new highs in March, flying on the back of ETF approval news, miner revenues also reached previously unseen levels, with the network distributing close to $70 million each day during the peak.

At the recent BTC Prague event, Trezor’s CEO unveiled the latest additions to Trezor’s comprehensive suite of products and services. The first product launched was a new hardware wallet, Trezor Safe 5, part of the Trezor Safe Family. He also revealed Trezor Expert, a service designed to simplify onboarding into self-custody.

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Crypto hardware wallet firm Trezor announced the release of its latest flagship device the Trezor Safe 5 (TS5) for crypto storage.

U.S. President Joe Biden approved Ukraine using U.S. weapons to strike targets inside Russia that were attacking the Ukrainian city of Kharkiv, after Kyiv sought authorization from Washington in recent weeks, U.S. Secretary of State Antony Blinken confirmed on Friday. Speaking at a news conference in Prague after an informal meeting of NATO foreign ministers, Blinken did not specifically say whether Biden's authorization could expand to include other Russian cities and targets that are deeper inside Russia. He said Washington's move, a marked change in policy by Biden, who had steadfastly refused to allow Ukraine to use American weaponry for strikes inside Russia, was a result of U.S. strategy of adjusting and adapting to the battleground. Now, he said, the U.S. is responding to what it has seen in and around the Kharkiv region.

Kremlin on Thursday accused NATO of "provoking" Kyiv into prolonging the conflict in Ukraine, whose officials have been appealing for permission from allies to target Russia with Western-supplied weapons. The comments came as NATO foreign ministers were convening in Prague in the face of growing calls for leading allies to lift restrictions stopping Kyiv from using Western weapons to strike inside Russia. «NATO member states, the United States, and capitals in Europe in recent days and weeks have been entering a new round of escalations in tensions and they are doing it deliberately,» Kremlin spokesman Dmitry Peskov said.

Czech constitutional court on Wednesday said it had allowed the extradition of an Indian citizen suspected of involvement in an alleged plot to kill a Sikh separatist in the United States. The US Justice Department last November charged Indian citizen Nikhil Gupta with plotting to assassinate a Sikh separatist leader Gurpatwant Singh Pannun on US soil.

The Czech power company CEZ says its net profit in the first quarter of the year reached 13.6 billion Czech crowns or $592 million

Gurpatwant Singh Pannun is an ongoing legal matter, the US State Department said it «won't speak» until «allegations are proved» before a jury. Gurpatwant Singh Pannun is an India-designated terrorist who holds American and Canadian citizenship.

The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recovery

The Czech power company CEZ says its 2023 net profit reached 29.6 billion Czech crowns ($1.27 billion), down more than 63% from the previous year, which saw record profits

The Czech Republic's central bank has cut its key interest rate for a third straight time amid falling inflation and an effort to help the economy

Sleeper trains are regaining momentum in Europe thanks to travelers who are concerned about climate change and fed up with air travel

The prime ministers of the Czech Republic, Hungary, Poland and Slovakia says the four Central European countries are deeply divided over Russia's war against Ukraine and how to resolve the conflict

Thousands of farmers are marching in Poland’s capital to protest European Union agricultural policies and imports of cheap food from neighboring Ukraine