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BUSINESSJul 20Honeywell Aerospace rated Neutral in new coverage at UBS on limited upsideHoneywell Aerospace has received a Neutral rating in new coverage from UBS. The rating is based on limited upside potential for the company.Seeking Alpha Tech
BUSINESSJul 20Romania : Central Romania : tbi bank extends EUR 7 . 85 mln loan to REDESIGN (…) tbi bank has provided a EUR 7.85 million loan to REDESIGN in Central Romania. This is a business transaction involving financial services and investment.romaniapress.com · Romania
BUSINESSJul 20Duke Energy reaches North Carolina rate deal that would cut proposed increase by more than halfDuke Energy has reached a rate deal in North Carolina that is expected to reduce the proposed rate increase by more than half. This agreement impacts utility costs for consumers in the state.Seeking Alpha Tech
BUSINESSJul 20AliExpress Fined €550M by EU Under DSAAliExpress has been fined €550M by the EU under the Digital Services Act, indicating significant regulatory action against a major e-commerce platform.athens-times.com · Greece
BUSINESSJul 20Banking fragmentation main issue 'holding EU competitiveness back', commissioner saysMaria Luís Albuquerque, commissioner for Financial Services, believes the European Union's banking sector needs a "change in mindset". She says the EU should be willing to take greater risks while preserving financial stability.EuroNews [en]
BUSINESSJul 20Can Europe win a trade war with China? It may depend on how victory is definedAs trade tensions with China reach boiling point, EU officials are ramping up engagement with Beijing in search of an off-ramp. Quietly behind the scenes, though, Europe is preparing for a trade war. In Brussels, a steely determination has set in to ensure the bloc’s manufacturing heartlands are not deindustrialised by the “China Shock 2.0”. With some industries already haemorrhaging jobs, the EU’s resilience-building and de-risking plans are now laced with deterrents as Brussels looks to...South China Morning Post
BUSINESSJul 20European Commission imposes record €550 million fine on AliExpressThe Chinese e-commerce platform failed to meet its obligations to stop the sale of illegal products. After sanctions against the social media platform X and the online marketplace Temu, this is the third penalty the EU has imposed in under a year.Le Monde [en]
BUSINESSJul 20FedEx spreads shipping fees to EU, more zip codesYahoo Finance
BUSINESSJul 20Alibaba unit AliExpress hit with record EU fine over illegal product salesAlibaba's unit, AliExpress, has received a record fine from the EU due to illegal product sales. This indicates regulatory action against a major e-commerce platform.Seeking Alpha Tech
BUSINESSJul 20UKREiiF heads Down Under with first international property and infrastructure eventUKREiiF is expanding internationally by holding its first property and infrastructure event in Australia. This indicates global growth in the property and infrastructure sectors.thebusinessdesk.com · United Kingdom
BUSINESSJul 20Global X Ethereum Covered Call ETF declares $0.1142 dividendThe Global X Ethereum Covered Call ETF declared a dividend of $0.1142. This is a standard financial announcement for investors.Seeking Alpha Tech
BUSINESSJul 20Europe seeking balance in review of capital rule ditched by USEurope is reviewing a capital rule that was previously abandoned by the US, seeking to establish a balanced regulatory approach. This indicates differing international strategies in financial regulation.businesstimes.com.sg · Singapore
BUSINESSJul 20UK retail giant collapsed into administration owing £16mA major UK retail company has gone into administration, owing £16 million. This signifies a notable event in the business sector.ledburyreporter.co.uk · United Kingdom
BUSINESSJul 20What is Spain's World Cup victory actually worth to the national economy?Spain's 1-0 victory over Argentina in Sunday's World Cup final brings a record $50 million (€43.7m) cheque from FIFA and, if past champions are any guide, a measurable but fleeting lift for the economy.EuroNews [en]
BUSINESSJul 20EU fines AliExpress US$630 million over illegal productsThe EU on Monday slapped a €550 million (US$630 million) fine on online retailer AliExpress for allowing the sale of illegal products, including unsafe toys and cosmetics. The European Union said AliExpress also did not do enough to stop the sale of counterfeit products and that when the platform detected illegal goods were on sale, many remained online for several weeks. The EU found some of the products sold on the platform did not meet the bloc’s strict environmental and safety standards...South China Morning Post
BUSINESSJul 20CardinalStone Partners Wins Double Honours at Euromoney AwarCardinalStone Partners received double honors at the Euromoney Awards. This recognizes the firm's achievements in its industry.punchng.com · Nigeria
BUSINESSJul 20EU slaps €550 million fine on AliExpress over illegal and counterfeit goodsThe EU’s crackdown on Chinese online marketplaces is accelerating, with aggressive compliance checks and increased charges for imports into the bloc from fast-fashion sites like Temu and Shein.EuroNews [en]
BUSINESSJul 20Gazoduc atlantique : pourquoi le projet Nigeria-Maroc à 23 milliards d’euros change la donneL’idée avait été lancée en 2016 par le roi Mohammed VI lors d’une visite à Abuja visant à renforcer les partenariats du Maroc avec les pays africains. Long d’environ 6 000 km, le gazoduc devrait traverser 13 pays africains et être opérationnel en 2031.Jeune Afrique
BUSINESSJul 20Après la BAD, que devient Adesina, infatigable promoteur de l’Afrique ?Moins d’un an après avoir quitté la présidence de la Banque africaine de développement, le Nigérian a rebondi dans plusieurs structures. De nouvelles casquettes qui ressemblent davantage à une étape qu’à un aboutissement.Jeune Afrique
BUSINESSJul 20Europe markets open on a cautious note over threatened oil flowsSeeking Alpha Tech
BUSINESSJul 20Pound to Euro Week - Ahead Forecast : Chancellor Choice Key After GBP Hits 13 - Month HighThe article provides a week-ahead forecast for the Pound to Euro exchange rate, noting the significance of the Chancellor's choice after the GBP reached a 13-month high. This analyzes factors influencing currency markets.currencynews.co.uk · United Kingdom
BUSINESSJul 20From 'Super El Niño' to Europe’s extreme heatwave: How this year's weather shocks are rattling commodity marketsMarkets are underestimating the impact of climate volatility on a range of asset classes, commodity strategists say.CNBC
BUSINESSJul 20Eurozone inflation confirmed at 2.8%: Will it be enough for the ECB to pause?Eurozone inflation was confirmed at 2.8% for June on Friday, marking the first decline this year and giving the European Central Bank a timely argument to keep its deposit facility rate unchanged at 2.25% when it meets this week.EuroNews [en]
BUSINESSJul 20Spain Pockets Record $51 Million World Cup Prize as FIFA Total Payouts Hit All - Time High of $871 MillionSpain received a record prize from the World Cup, contributing to FIFA's highest-ever total payouts. This highlights significant financial figures within international sports.ibtimes.com.au · Australia