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BUSINESS6d agoWorkers, mostly Indian, building US consulate in Milan agree to record settlementForeign workers building the vast new US consulate compound in Milan signed agreements at a Milan hotel Wednesday securing payouts averaging €45,000 (US$50,400) each for alleged labour abuses while working for an American construction company. More than 60 labourers, mostly from India, signed the deals Wednesday to receive their share of a €31 million (nearly US$35 million) settlement agreed last month with Alabama-based Caddell Construction. The signings began Tuesday. Prosecutors say it is the...South China Morning Post
BUSINESS6d agoThe automaker owner of Fiat and Peugeot does not rule out closing its factories in ArgentinaLo dijo el titular de Stellantis para Sudamérica, Herlander Zola. "Podríamos trasladarnos de una a otra, mantener ambas, cerrar una y conservar la otra, o cerrar ambas", planteo. Entre ambos establecimientos trabajan 5.000 personas.Clarín
BUSINESS6d agoEuropean Court of Auditors warns of rapidly rising EU debt burdenDe Europese Rekenkamer (ERK) is bezorgd over de groeiende schuldenlast van de Europese Unie. Die schuld is de afgelopen jaren opgelopen naar 740 miljard euro. In 2027 zal de EU-schuld waarschijnlijk verder groeien naar 1 biljoen (1.000.000.000.000) euro. Die stijging van de schulden komt vooral door de steun aan Oekraïne, stijging van de rente, uitgaven aan defensie en het coronaherstelfonds. Dat fonds werd in 2020 in het leven geroepen om de economische crisis, veroorzaakt door de coronapandemie, te stutten. Uit dat coronaherstelfonds moet nog voor ruim 112 miljard euro aan herstelbetalingen NOS Buitenland
BUSINESSOct 7Canada's Weston family to purchase UK's Boots in $8.9B deal with Sycamore PartnersCanada's Weston family plans to acquire the UK's Boots in a deal valued at $8.9 billion, involving Sycamore Partners. This represents a major international business transaction.Seeking Alpha Tech
BUSINESSOct 7Duke Energy reaches settlement to enhance protections from data center costsDuke Energy has reached a settlement designed to improve protections for customers concerning data center costs. This agreement addresses financial impacts on consumers.Seeking Alpha Tech
BUSINESSOct 7Euroleague teams reject offer to merge with NBA in a single European operationLa Euroliga rechazó unirse a la NBA en Europa tras una reunión en Italia, donde 13 clubes decidieron continuar con su estructura actual.La NBA había ofrecido 400 millones de euros a cada club, pero la Euroliga optó por ampliar sus franquicias y mantener su independencia.Clarín
BUSINESSOct 7Enphase, SolarEdge slide after Deutsche Bank slaps with sell catalyst callsShares of Enphase and SolarEdge have declined following Deutsche Bank's "sell catalyst calls" on these companies. This indicates a negative outlook from the bank on these specific solar energy stocks.Seeking Alpha Tech
BUSINESSOct 7Pfizer partners with GITAM to train rural women for pharmaceutical careersPfizer is partnering with GITAM to provide training for rural women aiming for pharmaceutical careers. This initiative focuses on education and workforce development within the healthcare sector.The Hindu
BUSINESSOct 7Buford-based Veugeler Creative celebrates 20 years of branding, marketing and community impactA Buford-based company is celebrating its 20th anniversary, marking two decades of work in branding, marketing, and community involvement. This highlights a significant business milestone.gwinnettdailypost · united states of america
BUSINESSOct 7Coeur d'Alene woman sentenced to prison for stealing over $1 million from Spokane Valley small businessCOEUR D'ALENE, Idaho -- A Coeur d'Alene woman was sentenced to almost 3 years in federal prison for stealing over $1 million from a small business in Spokane Valley.kxly · united states of america
BUSINESSOct 7German stock exchange tussle leaves EU supercop deal at riskBerlin's insistence on carving out major stock exchange from EU-wide supervision has sparked protests from smaller countries.Politico Europe
BUSINESSOct 7French luxury giant Louis Vuitton to fund two Paris streets' redevelopmentThe French luxury brand, part of the LVMH conglomerate, will fund up to €2 million in renovations to two streets around its future flagship store, a move Mayor Emmanuel Grégoire said he 'fully stood by' despite opposition to it.Le Monde [en]
BUSINESSOct 7China slaps down EU request for voluntary curbs on hybrid car exportsEuropean Commission now considering temporary limits to control surging shipments that could trigger serious trade conflictFinancial Times
BUSINESSOct 7EU countries want to release new oil reserves only after IEA reviewDas bedeutet, dass die EU-Staaten zunächst nur bereits im März zugesagte Mengen freigeben werden.Politico Europe
BUSINESSOct 7Stability Pact already foresees flexibility for high inflation - EU sourcesUsing extra VAT revenue for energy-support measures more complicated add sourcesANSA [en]
BUSINESSOct 7Why France is a warning sign for the marketsThe good news about the epic shifts in global bond markets is that they mostly reflect economic fundamentals, not the kinds of panicky swings seen in a crisis.The bad news is that there's a risk the disruptions metastasize into a broader crisis in an era of fractured politics across major democracies.The big picture: Turmoil in the streets this week in France is the latest sign of hazards that await elected leaders who try to address yawning fiscal deficits head-on.They are squeezed between voters who want to maintain public benefit levels and tax levels and a bond market that is resetting lonAxios
BUSINESSOct 7French wine grape harvest set to hit historic lowAccording to Agriculture Ministry estimates, France's total 2026 wine harvest is predicted to reach some 35 million hectolitres, down 14% on the 2021-2025 average, after several summer heatwaves and declining cultivated areas.Le Monde [en]
BUSINESSOct 7Entrepreneur sentenced for multi-million dollar scam with fake loans and over 90 luxury cars, including Ferrari, Lamborghini, and Porsche models, will be auctioned offHe received a 13-year prison sentence for wire fraud and identity theft. He created a false loan program linked to the Pentagon and used victims' money to finance personal expenses.Clarín
BUSINESSOct 7Eni says keeping diesel and petrol prices sustainable, price cap is for spikesSpokesperson tells ANSA: 'We share the needs expressed by Prime Minister Meloni'ANSA [en]
BUSINESSOct 7Equinor raises cost estimate for Norway LNG plant upgrade, sees strong Q3 trading resultEquinor has increased its cost estimate for an LNG plant upgrade in Norway, while simultaneously expecting a strong trading result for the third quarter.Seeking Alpha Tech
BUSINESSOct 7Europe’s travel and tourism industry to grow 3.1% in 2026, new figures revealThe new statistics were released during the opening day of the World Travel & Tourism Council’s global summit in Malta.EuroNews [en]
BUSINESSOct 7Circle8 wins $314M four-year IT contract with DUO GroningenCircle8 secured a four-year IT contract worth $314 million with DUO Groningen, indicating a significant business agreement in the IT sector. This contract highlights a major financial transaction and ongoing business activity.Seeking Alpha Tech
BUSINESSOct 7Merck’s injectable Keytruda barred in Europe as Halozyme wins injunctionMerck's injectable drug Keytruda has been barred in Europe following an injunction won by Halozyme. This development impacts the pharmaceutical market and Merck's product availability in the region.Seeking Alpha Tech
BUSINESSOct 7Senior English football figures fear Man City could play in next season’s UCL despite relegationSenior figures within English football are concerned that Manchester City could still play in next season’s Champions League even if the club is relegated from the Premier League over financial breaches, according to the BBC. The post Senior English football figures fear Man City could play in next season’s UCL despite relegation appeared first on Vanguard News.Vanguard Nigeria
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