Category

Europe Business

24 articles

Former Ikea Boss Named JD Sports' New Chair to Steer Through Troubled Waters

Peter Agnefjäll, ex-Ikea CEO with over two decades of experience, takes on role as new chair at JD Sports following a pe…

August 07, 2026 · 106 views

Oil Prices Plummet as Trump Halts Iran Strikes

Brent crude drops sharply after US President Donald Trump cancels military strikes on Iran, leading to hopes of reduced …

August 07, 2026 · 93 views

EBay Acquires Depop to Boost Circular Fashion in Europe

eBay's $1.2 billion acquisition of Depop aims to enhance circular fashion practices and reduce waste across the European…

August 07, 2026 · 50 views

Europe's Payment Giants: Can New Tech Disrupt Mastercard and Visa?

Mastercard and Visa dominate Europe's payment networks. But emerging technologies like digital currencies pose new chall…

August 07, 2026 · 53 views

IBM's AI-Driven Solutions Tackle Manufacturing Challenges in Europe

European manufacturers face significant challenges such as supply chain disruptions and workforce shortages. IBM’s hybri…

August 07, 2026 · 51 views

DP World Acquires Six GXO Contract Logistics Sites in UK

Logistics giant DP World has taken over six contract logistics sites from GXO in a move approved by the CMA, enhancing i…

August 07, 2026 · 87 views

US Jobs Market Takes Unexpected Hit with Loss of 23,000 Positions

The US economy saw a surprising decline of 23,000 jobs in July, far below expectations. Despite this setback, unemployme…

August 07, 2026 · 79 views

MoveBank Completes Full Constantinople Core Migration

Australian mutual MoveBank has completed a large-scale core banking migration to the hosted cloud platform Constantinopl…

August 07, 2026 · 73 views

Intel's Split with Rambus Signals Shift in European Tech Strategy

In 2000, Intel criticized its partnership with memory technology firm Rambus, marking a pivotal moment for the tech indu…

August 07, 2026 · 55 views

Fast-Food Chains Struggle as Americans Lose Appetite

McDonald's and other fast-food giants face declining sales in the US market due to price hikes and changing consumer pre…

August 07, 2026 · 87 views

El Niño Heatwaves Could Boost Inflation by One Percent Next Year

A 'Super El Nino' event is expected to cause record temperatures in Europe, potentially adding up to one percent to infl…

August 07, 2026 · 65 views

BugBiome Secures £500k Grant for Bioinsecticide Development

Agri-biotech startup BugBiome has won a significant grant to develop a new biological insecticide targeting cabbage stem…

August 07, 2026 · 47 views

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