Frankfurt, Germany – Schaeffler AG, the German auto parts and machinery manufacturer, announced Tuesday that it will cut 4,700 jobs across Europe as the company restructures...
Ryanair Holdings plc has announced an 18% drop in after-tax profit for the first half of its financial year, reporting earnings of €1.79 billion for the...
The U.S. jobs market presented a complex picture in October, as the Labor Department reported a slowdown in hiring gains, partly due to the impact of...
Tech giants Apple and Amazon reported contrasting September-quarter earnings, revealing a mixed outlook for their businesses amid fierce competition in artificial intelligence (AI) and continued challenges...
Amsterdam – Schiphol Airport will raise airline fees by 41% starting next year, a move aimed at improving infrastructure and targeting noisy aircraft, according to the...
Inflation in the eurozone increased in October, with the consumer price index reaching 2% year-over-year, slightly above economist predictions of 1.9% and up from 1.7% in...
This week, global markets will focus on critical economic data releases and major corporate earnings, with results expected to shape investor sentiment across regions. In the...
Washington, DC – The economic growth gap between the United States and Europe is expected to widen in the coming years, the International Monetary Fund (IMF)...
PARIS, FRANCE — French pharmaceutical giant Sanofi has entered exclusive negotiations with U.S. private equity firm Clayton Dubilier & Rice (CD&R) regarding the partial sale of...
LONDON, UK — The UK’s Financial Conduct Authority (FCA) has fined Volkswagen Finance £5.4 million (€6.48 million) for mistreating borrowers over a six-year period between 2017...