Business Profiles

Google and Amazon struggling to layoff employees in Europe, offering up to 1 year salary so they leave voluntarily In Europe, companies like Google and Amazon are not able to hand over pink slips to tons of employees and the layoff process…

Russian sanctions shift oil price-making power to Asia from Europe Synopsis Analysts and government officials from consumer countries use the term Asian premium to refer to the higher prices Asian importers have paid for oil sold by big…

EU: New business sustainability law risks being undermined by glaring human rights loopholes The exclusion of banks and financial institutions, as well as waivers for companies that sell high-risk security equipment and surveillance…

EU institutions near agreement on business-to-government data sharing The Data Act’s chapter on business-to-government (B2G) data sharing, which would empower the public sector to access private data, is one of the most advanced parts of…

China's tech transfer problem is growing, EU business group says Cases of European firms forced to transfer technology in China are increasing despite Beijing saying the problem does not exist, a European business lobby said, adding that…

Magna Awarded New High-Voltage eDrive Business with Europe-Based Global OEM Coming to market on 2027 model SUVs and sedans Enables fast reconnect through new decoupling system Power range from 100 kW to 140 kW, optimized for…

TVA debt rising again and other business news TVA debt rising after 30-year low After falling last year to a 30-year low, the debt of the nation's biggest government utility is rising again due to investments in new generation and…

For Hire: Central Europe's business services firms spy a chance in crisis As the COVID-19 pandemic wipes out jobs and empties offices across the world, companies in Central Europe that provide remote, lower-cost services for multinationals…

Tata ready to buy its way into semiconductors: report Natarajan Chandrasekaran, the chair of Tata, has said the company is looking to make acquisitions as it moves towards running a wafer fab in India. Tata Group had $128 billion in sales…

Ron DeTedious: DeSantis underwhelms Britain’s business chiefs UK captains of industry lambast ‘low-wattage’ US presidential hopeful. He hopes to win the hearts and minds of devoted Donald Trump supporters ahead of next year’s U.S.…