Browsing: Business

BRUSSELS, October 18: Annual inflation in the euro area rose to 2.2 percent in September 2025, up from 2.0 percent in August, according to data released Friday by Eurostat. The increase marks the first acceleration in consumer price growth since April

VEVEY, Switzerland, Oct 17, 2025: Nestlé SA announced Thursday that it will eliminate 16,000 jobs globally over the next two years as part of a broad cost-reduction plan, marking one of the largest workforce restructurings in the company’s history. The

FRANKFURT, Oct 15: European Central Bank President Christine Lagarde said momentum is building in Europe to ease certain financial regulations, as policymakers evaluate opportunities to streamline rules without compromising the stability of the financial system.

The Hague, October 13, 2025: The Dutch government has taken direct control of Nexperia, a Netherlands-based chipmaker owned by China’s Wingtech Technology, citing significant governance shortcomings and the need to protect national economic security. The rare intervention was announced on

LONDON, October 13, 2025: Lloyds Banking Group has increased its provision for car finance compensation by £800 million, bringing its total allocation for redress to £1.95 billion, as the UK’s financial regulator moves forward with a major remediation scheme targeting

MARSHALL, Texas, October 11, 2025: A federal jury in Marshall, Texas, has ordered Samsung Electronics to pay $445.5 million in damages to Collision Communications, finding that the South Korean technology company willfully infringed four patents tied to wireless communication standards

BRUSSELS, October 11, 2025: The European Commission announced on Friday the addition of six new AI Factories to its growing network, marking a significant step in its efforts to position the European Union as a global hub for artificial intelligence.

NEW YORK, October 9, 2025: Gold prices broke through the $4,000 per ounce barrier for the first time, prompting a sharp rally in mining stocks globally as investors shifted focus to companies positioned to benefit from the historic surge in

MUMBAI, India, October 9, 2025: British Prime Minister Keir Starmer concluded a two-day official visit to India on Wednesday, marking a significant advance in bilateral ties with Indian Prime Minister Narendra Modi. The talks, held in Mumbai, reaffirmed commitments across

WARSAW, 7 October 2025: Poland’s registered unemployment rate rose to 5.6 percent in September, according to official figures released by the Ministry of Family, Labour and Social Policy. The figure reflects an increase from 5.5 percent in August and marks