Greece’s Helleniq Energy Q2 2025 profit decline
Summary Helleniq Energy reported a 5% decline in adjusted core profit for Q2 2025. The profit drop reflects challenges from volatile global energy markets. Rising operational costs contributed significantly to the earnings decline. The company is…
German minister urges stronger EU in 2025 Trump tariff talks
Summary German Economy Minister urged the European Union to become stronger in trade negotiations with the US under Trump’s administration. This call comes amid heightened trade tensions following Trump’s imposition of tariffs targeting EU…
BioNTech Q2 2025 Revenues double on COVID Vaccine sales
Summary BioNTech’s Q2 2025 revenues more than doubled to 261 million euros ($302 million), primarily due to increased COVID-19 vaccine sales from its Pfizer partnership. Net loss for the quarter fell to 386.6 million euros, a significant…
EU Court blocks Italy’s Albania migrant camps scheme
Summary The European Union’s top court has ruled against Italy regarding its scheme to process Albanian migrants in camps outside Italian territory. Italy’s policy involved setting up migrant reception and processing centers in Albania, aiming to manage…
Ferrari adjusts US pricing after EU Tariff deal
Summary Ferrari may reduce the price premium of its cars in the US market following a recent EU tariff agreement. The new EU deal involves lowering tariffs on automotive imports, impacting Ferrari’s pricing strategy. The tariff agreement can…
France-Haiti reparations demand: Macron faces historic debt claims
Summary Dozens of human rights and civil society groups have united to demand reparations from French President Emmanuel Macron to Haiti. The call centers on France’s colonial exploitation and the indemnity Haiti was forced to pay after gaining…
Piraeus Bank Q2 2025 Profit drops, Interim dividend announced
Summary Piraeus Bank announced a decline in its second-quarter profits for 2025 compared to previous periods. Despite the reduction in profits, the bank plans to pay an interim dividend to its shareholders. The announcement reflects…
US-EU trade deal 2025: Impact on euro rally
Summary US-EU trade deal announced, raising concerns about potential economic consequences. European euro bulls see dampening effects on the currency rally. German industrial leaders warn of adverse impacts on their industries. French MPs across…
US-EU trade pact boosts dollar
Summary The US-EU trade pact strengthens economic ties between the United States and European Union. The agreement aims to reduce tariffs and enhance cross-border trade cooperation. The U.S. dollar gained value against major currencies following the pact…
AstraZeneca’s eco-friendly COPD inhaler receives EU panel backing
Summary AstraZeneca has developed a new eco-friendly version of its inhaler used for treating smoker’s lung (COPD). The inhaler has received backing from a European Union (EU) regulatory panel. This approval is significant for environmental…