Economy and Business

Economy and Business

Mediobanca Launches Takeover Bid for Banca Generali

Mediobanca's proposed acquisition of Banca Generali aims to strengthen its position in the Italian asset management market. The deal is expected to deliver financial benefits, including increased ROTE and consolidated net profit, as well as substantial synergies.
Economy and Business

Trump and Taiwanese Chipmaker Announce $100 Billion Plan for Five New US Factories

TSMC's decision to invest $100 billion and build 5 new chip factories in the US is a major step in strengthening the domestic semiconductor industry and reducing reliance on Asian-made chips, aligning with the US government's goals.
Economy and Business

Mod√®le: Une 2 – New Automotive Design Unveiled

Discover the groundbreaking Modèle: Une 2 design, showcasing advancements in automotive technology and aesthetics. Experts highlight its potential to transform the industry.
Economy and Business

Upcoming Category Changes Announced for 2025

Explore the significant category changes announced for 2025 and their impact on product classification, user experience, and industry adaptation. Understand how businesses and consumers will be affected by this market shift.
Economy and Business

Closing the Gender Employment Gap for Disabled in the UK

Addressing the gender employment gap for individuals with disabilities in the UK is crucial for social justice and economic growth. Empowering women through education and eliminating discrimination can unlock the full potential of this underutilized workforce.
Economy and Business

Remote Workers Take Covert “Workations” Without Employer Knowledge

Explore the rise of "workations" among remote employees seeking better work-life balance and productivity. Discover the concerns and need for clear policies to manage this evolving trend.
Economy and Business

One-Day Strike Disrupts Flights at 13 Major German Airports

A one-day strike at 13 major German airports, including Frankfurt and Munich, has caused significant disruption to air travel. Over 3,500 flights were canceled, affecting an estimated 560,000 passengers. The strike is part of ongoing labor disputes over new contracts and pay negotiations.
Economy and Business

Apple to Build New Facility in Texas

Apple announces major $500 billion investment in the U.S., including plans to open a 23,200-square-meter server manufacturing facility in Texas, creating around 20,000 new jobs over the next four years.
Economy and Business

Livelihood Protests Persist Across Iran

Protests in Iran over economic issues and the government's handling of the crisis, highlighting public frustration and the need for immediate action to address the pressing challenges.
Economy and Business

India Allows Broken Rice Exports to Reduce Stockpiles

India has lifted its ban on exporting 100% broken rice to reduce its record-high rice inventories. This move could benefit poor African nations by providing them access to the grain at lower prices, as well as support Asian animal feed and ethanol producers.