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Telefonica to shed around 5,500 jobs in Spain

Telefonica will cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm said in a statement on Monday.

EU slams China dairy duties as 'unjustified'

Brussels hit back Monday at China slapping duties of up to 42.7 percent on some dairy products from the European Union, calling the move "unjustified".

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India's Modi and UK PM Starmer ink trade deal

Prime Minister Keir Starmer praised Britain's "unique bonds" with India as he and his Indian counterpart Narendra Modi formally signed a recently announced UK-India trade deal during talks on Thursday.

Pharma giant Roche sees income soar in first half

Swiss pharmaceutical giant Roche on Thursday posted better-than-expected net income for the first half of 2025 amid strong sales of asthma and breast cancer treatments.

Nestle struggles amid weak China market

Nestle said Tuesday its net profit fell in the first half of the year as the Swiss food giant behind Nespresso coffee capsules and KitKat chocolate bars struggles to turn around its fortunes amid sluggish consumer spending in China.

Deutsche Bank posts bumper profits, shares soar

Deutsche Bank on Thursday reported its highest second-quarter profit since 2007 and said it was on track to meet annual targets, sending shares in Germany's biggest lender soaring.

Markets extend gains on US trade deal hopes

Stock markets extended the week's gains Thursday on optimism other countries will follow up Japan's US trade deal with ones of their own, with speculation building that the European Union is on course.

TotalEnergies net profit drops as oil prices fall

TotalEnergies said Thursday its net profit plunged in the second quarter despite increased output as global oil and gas prices dropped.

BTS agency HYBE raided over alleged fraud trading

HYBE, the agency behind K-pop superstars BTS, was raided by police on Thursday in connection with alleged fraudulent trading involving its founder Bang Si-hyuk, investigators said.

US Osprey makes emegency landing in Japan

A US Osprey military aircraft made an emergency landing on Thursday in northern Japan, the latest in a string of mishaps and accidents involving the controversial tilt-rotor plane.

Atletico cash in on Real Madrid's Bernabeu concert woes

Mired in legal setbacks, Real Madrid are losing the lucrative star-studded concerts for which their costly Bernabeu stadium revamp was designed -- and cross-town rivals Atletico are cashing in.

Columbia University to pay $200 mn in clash with Trump

Columbia University said Wednesday it will pay $200 million to the US government after President Donald Trump threatened to pull federal funding over what he said was its unwillingness to protect Jewish students.

Germans reluctant to open wallets despite easing inflation

The cost-of-living crisis may be easing in Germany but that has not sparked a shopping frenzy just yet in a country where, as a recent survey suggests, people fear inflation more than war.

Proof of life: tracking elusive Amazon group to save their land

A ceramic pot and the shell of a turtle, once hunted for its meat, are the most recent traces of an Indigenous community thought to live deep in the north Brazilian Amazon.

ECB expected to hold rates as more Trump tariffs loom

The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance.

Australia lifts trade barriers on US beef

Australia said Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between Canberra and the Trump administration.

Tesla profits drop as Musk warns of 'rough' patch before riches

Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles under President Donald Trump's big fiscal package.

Tesla reports 16% profit drop to $1.2 bn on lower auto sales

Tesla reported another drop in quarterly profits Wednesday on lower auto sales amid intensifying electric vehicle competition and lingering backlash over CEO Elon Musk's involvement in US politics.

Champagne makers cut harvest as global outlook fizzles out

France's champagne producers said Wednesday they were cutting the amount of grapes to be made into the region's celebrated fizz by 10 percent due to an uncertain economic outlook.

AI helps Latin scholars decipher ancient Roman texts

Around 1,500 Latin inscriptions are discovered every year, offering an invaluable view into the daily life of ancient Romans -- and posing a daunting challenge for the historians tasked with interpreting them.

France prosecutors request rape trial for Depardieu

French prosecutors have for a second time requested cinema icon Gerard Depardieu be tried for the rape of an actor decades younger than him, they said Wednesday.

Stock markets advance after Japan-US trade deal

Stock markets rose on Wednesday after Japan and the United States hammered out a trade deal to slash Donald Trump's tariffs, including those on the crucial car sector.

US existing home sales dip to 9-month low on high costs

Sales of previously-owned homes in the United States hit their lowest rate in nine months, according to industry data released Wednesday, as high home prices and mortgage rates weighed on the market.

Canal+ clears final hurdle to acquire S.Africa's MultiChoice

France's Canal+ said Wednesday it had cleared the final regulatory hurdle for the buyout of Africa's largest pay TV enterprise MultiChoice and further expand its footprint on the continent.

UK launches first sanctions in new strategy to deter migrant crossings

The UK imposed sanctions Wednesday on more than two dozen people, groups and suppliers from the Balkans, the Middle East and China accused of helping migrants cross the Channel.

Stock markets rally after Japan-US trade deal

Stock markets rose on Wednesday after Japan and the United States hammered out a trade deal to slash Donald Trump's tariffs, including those on the crucial car sector.

UniCredit boosts outlook after walking away from Banco BPM

Italy's UniCredit posted a sharp rise in quarterly profit on Wednesday despite lower revenues, a day after it withdrew its offer for smaller rival Banco BPM due to government interference.

'So Trump-like': relief but no surprise in Japan as US cuts tariffs

In the Japanese city of Seki, famed for its razor-sharp artisan knives, news that incoming US tariffs will be lowered is welcome but not entirely unexpected.

South Korea sees record birth rate growth for Jan-May

South Korea registered record birth rate growth during the first five months of the year, a statistics agency official told AFP on Wednesday.

Macron-Merz to hold talks on NATO and EU-US trade row

French President Emmanuel Macron is to meet German Chancellor Friedrich Merz in Berlin on Wednesday to discuss NATO security, the US-EU trade row and other key issues.

Who makes laundry smell nice? Meet the professional 'noses'

In the laboratories of German fragrance and flavours giant Symrise, a citrus scent clings to the lab coats of trainees -- "noses" who are learning the art of making things smell good.

Games giant Ubisoft bets on reorganisation to dispel blues

Struggling French video games giant Ubisoft shed light on a far-reaching reorganisation of its business Tuesday, as it reported disappointing sales in April-June.

Trump says confident US to reach Philippines trade deal

US President Donald Trump voiced confidence Tuesday at reaching a trade deal with the Philippines to ease his threatened tariffs as he welcomed his counterpart Ferdinand Marcos to the White House.

General Motors profits fall on tariffs

General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its full-year forecast.

Berliner Boersenzeitung - Economy (English)