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Business
Eurozone inflation holds steady at 2% in July
Inflation in the euro area in July is expected to stand at 2 percent in July, as rising prices in some categories were offset by a 2.5 percent drop in energy prices,…
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120 staff to affect as Terrafame starts layoff talks
State-owned mining and multi-metal company Terrafame has decided to bring the company’s battery chemicals plant to a halt for a temporary period, said the company…
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Trade balance posts €120m surplus in May
The trade balance showed a surplus of EUR 120 million in May 2025, according to the international trade in goods statistics released by Finnish Customs on Wednesday. In…
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China emerges as green energy leader, offering opportunities for Europe
China has taken the lead in global green energy development, and Europe stands to benefit from closer and deeper cooperation with the country amid rising demand for clean…
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Price of old house drops in Finland in Q2
The prices of old dwellings in housing companies decreased by 1.3 per cent year-on-year in the whole country in April-June period, according to Statistics Finland.…
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Finns draw more holiday cottage loan in June
Finnish households drew down new loans for the purchase of holiday homes (holiday cottage loans) to the value of EUR 100 million in June, which is 27% more than in June…
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Audi sees half-year profits tumble by 37.5%
Profits for German carmaker Audi plummeted by 37.5% in the first half of the year, the company reported on Monday, citing new US tariffs, restructuring costs and…
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PM terms downgrading of Finland’s credit rating as serious matter
Prime Minister Petteri Orpo on Saturday termed the downgrading of Finland´s credit rating by Fitch as a serious matter but said that it was not surprising.…
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Fitch lowers Finland’s credit rating to AA
Credit rating agency Fitch lowered the rating of Finland’s central government debt by one grade from AA+ to AA, said the agency in a release on Friday. Fitch…
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Profit slump hits Finnish forest sector amid geopolitical headwinds
Major Finnish forest industry companies have reported declining second-quarter (Q2) profits this week, as the sector continues to face headwinds from geopolitical…
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