Technology gains lift major indexes despite persistent financing and energy risks. NEW YORK Wall Street closed higher on October 21 as stronger-than-expected corporate earnings revived …
Business
-
-
Rising fuel costs and shrinking capacity threaten affordable European travel. BRUSSELS European travelers could face airfare increases of up to 20% in 2027 as soaring …
-
A major investment strategy confronts coal dependence and infrastructure challenges. ASTANA Kazakhstan is seeking approximately €18 billion in public and private investment to accelerate its …
-
New fiscal data expose growing pressure on Europe’s public finances. BRUSSELS Government debt across the eurozone reached 88.8% of gross domestic product in the second …
-
Brussels questions whether Europe’s leading booking platform adequately protects travelers. BRUSSELS The European Commission has opened a formal investigation into Booking.com over concerns that the …
-
Labor leaders demand economic concessions as nationwide tensions continue. PARIS France’s leading labor unions have called for nationwide demonstrations and strike action on November 5 …
-
Hotel bookings slow as security concerns threaten travel confidence. PARIS France’s tourism industry is reporting early signs of declining demand as images of violent protests, …
-
A potential $10.7 billion giveaway raises questions about ownership and execution. NEW YORK Elon Musk has pledged to give one SpaceX share to every child …
-
China’s Changing Luxury Market Challenges Europe’s Biggest Fashion Brands
by
Phoenix 24
by
Phoenix 24
Secondhand shopping and younger consumers reshape a once-reliable growth engine. SHANGHAI European luxury brands are facing a significant shift in China’s consumer market as younger …
-
Roche Freezes German Investment Plans Amid Pharmaceutical Pricing Dispute
by
Phoenix 24
by
Phoenix 24
Berlin faces a new challenge balancing healthcare costs and industrial competitiveness. BERLIN Swiss pharmaceutical company Roche has suspended decisions on future investments in Germany, citing …