Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures
Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.
Trump's Wealth Surges to $610 Million Amid Election Campaign
Donald Trump's wealth has surged to $610 million as his media company's stock rises amid increasing bets on his election victory.
Nvidia Chip Lending Spree: Wall Street's $11 Billion Bet on AI
Wall Street has entered an $11 billion lending spree for companies in the AI sector, relying heavily on Nvidia chips as collateral, raising concerns about market vulnerabilities.
Schaeffler Cuts 4,700 Jobs Amid Auto Industry Challenges
Schaeffler, a major German automotive supplier, announces the elimination of 4,700 jobs across Europe, primarily in Germany, as part of a restructuring plan in response to the ongoing automotive industry crisis.
Auchan Implements Major Job Cuts and Store Closures Amid Financial Struggles
Auchan has announced significant job cuts and store closures as part of a restructuring plan to address financial losses and adapt to changing retail dynamics.
Türkiye Strengthens Economic Ties with Africa Amid Growing Investments
Turkey is enhancing its economic presence in Africa through significant investments and trade relations, with a focus on strategic partnerships and addressing challenges in the region.
Explosion at Mexican Steel Mill Results in 13 Fatalities
Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
IMF Optimistic About Egypt's Economic Recovery Amid Regional Challenges
French Court Allows Israeli Companies to Participate in Euronaval 2024
Dollar's Surge Linked to Trump Election Prospects
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
2024/7/2
Eurozone Inflation Drops to 2.5% in June Amid Stable Unemployment Rates
Eurozone inflation fell to 2.5% in June, nearing the ECB's target, while unemployment rates remained stable at historic lows. Learn more about the economic trends and policy changes.