Browsing: Business
The pound slid to its weakest value against the US dollar since November 2023, trading at $1.21 on Monday, as concerns over global and domestic economic…
The US Supreme Court appears ready to uphold a law banning the TikTok app unless its China-based parent company, ByteDance, sells the platform by January 19.…
The British pound has dropped to its lowest level in over a year, while UK borrowing costs have surged to their highest levels in 16 years,…
Swedish electric vehicle (EV) battery manufacturer Northvolt AB has announced that its operations will proceed as normal despite filing for Chapter 11 bankruptcy in November 2024.…
European Defence Stocks Surge as Trump Reaffirms NATO Spending Demands and Discusses Greenland’s Strategic Importance
European defence stocks saw significant gains on Wednesday following comments made by US President-elect Donald Trump, in which he reiterated his calls for higher NATO spending…
Inflation in the eurozone rose to 2.4% year-on-year in December, up from 2.2% in November, according to preliminary data from Eurostat. While the increase matched economists’…
The Italian government is advancing negotiations for a €1.5 billion telecommunications security services contract with SpaceX, according to reports. The proposed deal, which includes encryption services…
Nippon Steel and US Steel have filed a lawsuit against the US government, alleging political interference in President Joe Biden’s decision to block Nippon Steel’s $14.9…
A key indicator of household material welfare, Actual Individual Consumption (AIC) per capita, reveals significant variations across Europe. Expressed in Purchasing Power Standards (PPS), AIC measures…
US President Joe Biden has blocked the proposed $14.9 billion acquisition of US Steel by Japan’s Nippon Steel, citing national security concerns and fulfilling a campaign…
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