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France, Germany stall eurozone growth in fourth quarter
France, Germany stall eurozone growth in fourth quarter
by  AFP

Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability. At one end of the eurozone spectrum Spain saw its economy expand by 3.2 percent last year -- while at the other Germany endured a 0.2-percent contraction and a second year of recession.

Dubai airport sees record 92.3 million passengers in 2024
Dubai airport sees record 92.3 million passengers in 2024
by  AFP

A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, underlining the Gulf city's economic boom. Dubai Airports CEO Paul Griffiths said he was confident of breaching 100 million passengers by 2027.

Shell annual profit drops to $16 bn as oil prices fall
Shell annual profit drops to $16 bn as oil prices fall
by  AFP

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs. In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.