Browsing: Business

Gold now accounts for 20% of official reserves worldwide, overtaking the euro and strengthening its role as a key asset in central bank portfolios.

Euro area annual inflation rose to 2.2% in September 2025, driven by services and food prices, marking a shift after two months of stable consumer prices.

Nestlé to cut 16000 jobs globally over two years in major restructuring aimed at operational efficiency following leadership transition and cost review.

ECB President Lagarde says Europe is seeing momentum toward less regulation, calling for streamlined rules while preserving financial system safeguards.

The Dutch government has seized control of China‑owned chipmaker Nexperia citing governance failures and urgent security concerns.

Lloyds Banking Group increases car finance redress to £1.95bn as FCA prepares a major compensation scheme for UK drivers.

A US jury found Samsung guilty of infringing 4G, 5G and Wi-Fi patents, awarding $445.5M in damages to Collision Communications.

The EU adds six AI Factories across member states, expanding AI infrastructure and boosting innovation with €2.6B invested in supercomputing access.

Gold hits $4,000 per ounce, pushing global mining stocks higher amid strong investor demand, central bank buying and record ETF inflows.

India and UK deepen ties with agreements in defence, technology, education, and climate as PMs Modi and Starmer conclude key bilateral summit.