Poland shot down drones that entered its airspace during a large-scale Russian attack on western Ukraine on Wednesday, with Warsaw calling the incursion “an act of aggression” and marking the first time a NATO member has fired weapons in the conflict.Prime Minister Donald Tusk said Poland’s skies had been violated…
The Malaysian Sustainable Palm Oil certification has been officially recognised by the European Union as a robust and trustworthy standard. This crucial acknowledgment, announced by the Malaysian certification body on Wednesday, signifies that MSPO can effectively aid in meeting the stringent requirements of the EU’s newly enacted deforestation regulation, according to…
The European Commission is weighing restrictions on social media access for children under 16, aligning with growing international scrutiny of digital platforms. Commission President Ursula von der Leyen announced plans to assemble a panel to examine possible measures by the end of the year, as Europe looks to follow developments…
Poland invoked NATO’s Article 4 for urgent consultations after 19 Russian drones breached its airspace on the night of September 9–10, a dramatic escalation that drew immediate solidarity from NATO allies and alarm across Europe. Several drones were shot down by Polish and allied forces, in what Prime Minister Donald…
Oracle shares surged by more than 31% in premarket trading on Wednesday after the enterprise software company revealed its cloud backlog had ballooned to $455 billion, and forecast booked revenue from cloud business to exceed half a trillion dollars over the next few months.The development overshadowed a mixed set of…
The seemingly unstoppable juggernaut of fast fashion has hit a wall. Inditex, the Spanish retail titan and owner of Zara, reported weaker-than-expected sales in its second quarter on Wednesday, a clear and worrying sign that even the industry’s most dominant player is not immune to the chill of a cautious…
Novo Nordisk, the Danish pharmaceutical giant behind the obesity drug Wegovy, said on Wednesday it will cut about 9,000 jobs globally in a major restructuring effort, aiming to save 8 billion Danish crowns ($1.26 billion) annually. The move underscores the growing pressure the company faces from its US rival Eli…
The Ocado share price continued its strong downward trend, turning one of the top UK companies into a fallen angel. After soaring to a record high of 2,913p in 2020, it has plunged to 306p. This plunge has erased billions in value in the past few years.Why Ocado share price…
Holiday sales in the United States are set to increase at the slowest pace since the pandemic, according to Deloitte’s latest forecast, released on Wednesday, reported by Reuters.The study, which examined consumer behaviour and broader economic conditions, reveals how inflation, tariffs, and policy uncertainty are influencing purchasing decisions ahead of…
The European Commission is weighing restrictions on social media access for children under 16, aligning with growing international scrutiny of digital platforms. Commission President Ursula von der Leyen announced plans to assemble a panel to examine possible measures by the end of the year, as Europe looks to follow developments…