Business Profiles

Russia's Gazprom to shut gas pipeline to Europe for 3 days 'maintenance' Russia's state-owned energy company Gazprom said on Friday a key pipeline conveying natural gas to Europe will shut down for three days at the end of this month to…

EUROPE Stocks trade lower on GDP data with eyes central bank meetings European stock markets were lower on Tuesday, 31 January 2023, as risk-off sentiment amid weaker than expected euro zone GDP data and on caution ahead of this week's…

Philips Announces 6,000 Job Cuts In Latest Round of Layoff; CEO Says 'Difficult But Necessary' Three months after it announced 4,000 job cuts, leading health technology company Philips on Monday announced it will lay off another 6,000…

More than ever before, organizations, and companies specifically, face global trends that negatively impact people’s trust. Economic and social polarization, concern for privacy in the face of the deluge of information by which we are…

Ageras’ Q4 Inflation Index Shows Rising Prices Are Disproportionately Afflicting Europe’s Smallest Businesses SMEs did not keep up with the overall price growth rate in all eight European countries studied. COPENHAGEN, DENMARK, February…

London CNN — Stung by the Biden administration’s huge green subsidy program, the European Union unveiled plans for its own “Green Deal” Wednesday to cut red tape and deliver tax breaks. The Green Deal Industrial Plan will “enhance the…

The adviser for many UK corporates going into India also welcomed the ease of doing measures unveiled in the Budget The Union Budget tabled by Finance Minister Nirmala Sitharaman on Wednesday has been widely welcomed in the UK business…

IMF raises 2023 forecast on Beijing reopening, strength in US, Europe WASHINGTON: The International Monetary Fund (IMF) yesterday raised its 2023 global growth outlook slightly due to “surprisingly resilient” demand in the United States…

ARM sells its HPC tools business ARM is to sell its business developing tools for high performance computing to Linaro in the UK. The ARM Forge business was part of Allinea Software, bought by ARM in 2016. It provides debug and…

EU sets out green industry plan to counter U.S., China subsidies BRUSSELS — The European Commission proposed a plan on Wednesday to try to ensure Europe can compete with the United States as a manufacturing hub for electric vehicles and…