Czech Republic Financial News
12.07 / 18:01
Aviat
Airlines
Boeing
wellness
show
reports
International
What is the A-321 XLR aircraft? Why is there an increasing demand for this Airbus product?
Boeing and Airbus is well known. Boeing has been having some safety concerns and it has been reported that they will missing out on the upcoming Farnborough International air show. The company has been fixing issues related to its safety and has nothing new to offer except its 737 Max aircraft. Its European counterpart Airbus on the other hand is unveiling its new long-range aircraft which is expected to encourage airlines to operate non-stop flights on various long duration routes. The airline industry has taken a keen interest on the A-321 XLR aircraft. This international air show is one of the aviation sector’s most attended events.
30.03 / 01:17
29.01 / 09:23
markets
economy
Trade
President
show
track
The Dollar seems doomed. Why some economists are pushing back.
Subscribe to enjoy similar stories. The dollar is staring at its sharpest January slide in eight years, following a dismal 2025. While many investors take a negative view on the greenback, some are betting on a rebound sparked by resilient U.S.
26.03 / 06:29
film
song
pop
dance
musician
rave
techno
FKA Twigs' sonic ode to dance floor transcendence
Subscribe to enjoy similar stories. In the summer of 2022, musician, dancer and actor FKA Twigs found transcendence on a Prague dance floor. Twigs—born Tahliah Debrett Barnett—was in the Czech capital to film for a remake of 1994 cult superhero film The Crow.
10.03 / 15:07
European Union
Protests
Should European banks consider holding cryptocurrencies like Bitcoin as a reserve asset?
The Czech National Bank (CNB) recently launched an investigation into whether to invest in cryptocurrency or other digital assets.
02.03 / 12:39
security
Election
Trade
President
country
Two small adversaries of Russia and China are swapping notes to survive
Subscribe to enjoy similar stories. TAIPEI—In an era of brutal great-power politics, how do lesser powers get by? For this embattled Pacific island, a lifeline comes from landlocked Slavs half a world away. Taiwan and the Czech Republic, living in the shadow of China and Russia, have found common cause when small powers worry about being trampled by bigger rivals.
03.02 / 01:13
markets
UPS
Manufacturing
Experts
2020
reports
Empire in steel: How Naveen Jindal is building a private steel behemoth overseas
Subscribe to enjoy similar stories. Naveen Jindal, chairman of India’s fourth-largest steelmaker Jindal Steel and Power Ltd (JSPL), is building a private steel empire abroad, one that could match the size of his listed Indian company in future. Over the past five years, Jindal has built an end-to-end steel business with assets across Europe, the Middle East and Africa.
13.01 / 09:01
COST
Citi
Booking
Dreams
country
travelers
How off-season deals helped this Mumbai couple enjoy a budget-friendly two-week Christmas holiday across Europe
Subscribe to enjoy similar stories. Dreaming of a magical white Christmas in Europe but worried about the cost? Mumbai-based entrepreneur Mufaddal Kagalwala and his wife Sakina Gandhi turned this dream into a reality—without breaking the bank. By taking advantage of off-season deals on flights and hotels, the couple pulled off an unforgettable 13-day journey across Hungary, Slovakia, Austria, and the Czech Republic—all for under ₹3.5 lakh.
12.01 / 09:47
markets
Citi
Digital
Extreme
Strategy
Experts
PAM
Czech restaurant fire kills six people
«The fire spread extremely fast after a gas heater was probably knocked over,» the local fire service posted on X. The fire occurred in a restaurant at a housing estate in the city of Most, about 70 kilometres (45 miles) northwest of the capital Prague.
20.12 / 06:51
17.12 / 04:55
security
Monarch
exclusive
Courts
International
UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire
Britain’s government has approved the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its 500-year history
06.12 / 21:07
country
cover
Oil flow to Czech Republic through Russia's Druhzba pipeline resumes after unexplained shutdown
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline has resumed after it was interrupted two days ago, official said
04.12 / 13:59
wellness
Trade
country
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted
04.12 / 06:33
markets
Digital
Experts
PAM
actress
Relationships
Who is Aliya Fakhri, Nargis Fakhri’s sister, arrested for allegedly killing her ex-boyfriend in New York?
Aliya Fakhri, actress Nargis Fakhri's sister, was arrested in New York on charges of murdering her ex-boyfriend and his female friend. The incident took place on November 26, and according to Daily News, District Attorney Melinda Katz said, “This defendant maliciously ended the lives of two people by setting a fire that trapped a man and woman in a raging inferno. The victims tragically died from smoke inhalation and thermal injuries.” Aliya has been denied bail as of now.
22.11 / 13:05
markets
Manufacturing
Trade
show
Demand from European markets fuels recovery in India’s textile exports amid Bangladesh crisis
Subscribe to enjoy similar stories. Indian textile exports are showing signs of recovery in FY25, with demand from European markets playing a crucial role in boosting figures, according to data from the ministry of commerce and industry. Exports to Europe during the April-October period reached $5.66 billion, marking a 6.39% increase compared to $5.32 billion in the same period of FY24.
20.11 / 19:21
UPS
Cooper
War
Rheinmetall
country
donates
The Czech military to buy 14 Leopard tanks from Germany in a $167 million deal
The Czech Defense Ministry says it's planning to buy 14 Leopard 2A4 tanks from Germany in a deal worth about $167 million
17.11 / 03:27
markets
UPS
Strategy
awards
War
Russia cuts gas to Austria in payment dispute, keeps EU flows
Russia, which before the Ukraine war was the biggest single supplier of natural gas to Europe, has lost almost all of its European customers as the EU tries to reduce its dependence and after the Nord Stream pipeline to Germany was blown up in 2022. Now one of the last main Russian gas routes to Europe — the Soviet-era Urengoy-Pomary-Uzhgorod pipeline via Ukraine — is due to shut at the end of this year, as Kyiv does not want to extend a five-year transit agreement which brings northern Siberian gas to Slovakia, the Czech Republic and Austria.
12.11 / 14:03
markets
Trade
reports
Czech power company CEZ reports $984 million in profit in first three quarters of 2024
The Czech power company CEZ on Tuesday reported net profit of 23.4 billion Czech crowns ($984 million) in the first three quarters of the year, 6.4 billion lower than the same period last year
07.11 / 17:57
06.11 / 17:45
markets
COST
UPS
Manufacturing
Interviews
Sporting
Skoda's new proposition to crack the Indian mass market: value-for-money cars
Subscribe to enjoy similar stories. ‘Paisa Vasool’ isn't a phrase that rolls off the tongues of senior leaders of Czech premium carmaker Skoda Auto often. But at the launch of its first, made-for-India compact sports utility vehicle Kylaq, value for money and ‘paisa vasool’ were key phrases to emphasize how serious the brand was to crack the Indian mass market and shed the perception its cars were too pricey for the value-conscious buyer.
03.11 / 00:29
markets
Citi
Manufacturing
Strategy
Deloitte
Experts
Schools
More than just optics! Data centres, 5G push powering fibre cable boom
data centre boom globally, in addition to rapid 5G rollouts, is silently propelling the growth of another ancillary industry: Optic fibre cables (OFCs). With top dollar expected to flow into the segment in the next decade, service providers and fibre manufacturers are looking to simultaneously strengthen deployment locally and double down on building capacities and boosting exports. Investment banking firm Avendus Capital expects around $2 billion capital expenditure towards data centre fibre alone over the next decade, with global private equity funds eyeing the India opportunity. Deloitte estimates that overall fibre deployment in India will be 4 million kilometres in 2024, expected to expand at 12- 15% over the next two years. Manufacturers are also looking to harness India’s already established credentials. According to data from the Ministry of Commerce, India’s OFC exports to more than 100 countries in FY24 totalled Rs 39,600 crore. Nearly half of the shipments were to major European nations, including Spain, the Netherlands, Poland, Italy, and the Czech Republic.
29.10 / 16:51
COST
UPS
security
Czech power company CEZ signs deal with Britain's Rolls-Royce SMR to build modular nuclear reactors
The Czech power company CEZ has signed a deal with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors
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