Pfizer Strengthens Outlook as Cost Discipline and Drug Portfolio Revive Investor Confidence

Pfizer has lifted its 2025 profit forecast for the second consecutive quarter, signaling renewed financial stability and strategic resilience after a turbulent period marked by waning pandemic-era sales. The upward revision underscores how the U.S. pharmaceutical giant is navigating its post-COVID transition through disciplined cost management, robust performance of key therapies, and targeted product launches…

Tesla’s European Sales Decline Intensifies Pressure on Stock Performance

Tesla’s European business is under intensifying strain as mounting registration data show a steep sales decline—a collapse that’s rattling investor confidence and contributing to a pullback in the company’s stock price. In August 2025, Tesla logged just 14,831 electric vehicle registrations across the EU, EFTA, and the UK, a drop of approximately 22 percent year-over-year—even…

Amazon Faces Reckoning Over ‘Deceptive’ Prime Practices, Settles FTC Case for $2.5 Billion

At the heart of the FTC’s case was the claim that Amazon engineered its Prime enrollment and cancellation interfaces in ways that coaxed or misled consumers into signing up—then made it unduly difficult to quit. The practices alleged by regulators included “dark pattern” design choices, unclear disclosures, automatic renewals buried in fine print, and cancellation…

France Faces Higher Borrowing Costs After Fitch Cut, With Risks of More Economic Pain Ahead

France’s borrowing costs climbed at the start of the week after Fitch cut the country’s sovereign credit rating, underscoring the fragile balance between fiscal sustainability, political uncertainty, and market confidence. The downgrade, which shifted France from AA- to A+ with a stable outlook, triggered an immediate reaction in bond markets, with yields on key government…

Young Germans embrace alcohol-free lager — and the beer industry is scrambling to keep up

Germany’s long-standing beer culture is undergoing a visible shift as younger drinkers increasingly choose alcohol-free lagers. While total beer volumes have dipped to multi-decade lows, the market for no- and low-alcohol brews has surged, prompting brewers, retailers and event organisers to rethink everything from production lines to marketing strategies. The change reflects evolving tastes, health…

Mix of Tariff Pass-Through, Sticky Service Costs, Strong Spending Push US Core Inflation Up to 2.9% in July

The U.S. economy registered a notable pickup in core inflation in July, with the personal consumption expenditures (PCE) index excluding food and energy rising to 2.9% year-over-year — the strongest reading since February. Behind the headline number is a convergence of forces: the delayed pass-through of import tariffs into consumer prices, persistent services inflation —…

India’s Tech Giant TCS’s layoffs herald AI shake-up of $283 billion outsourcing sector

Tata Consultancy Services’ decision to cut more than 12,000 roles has reverberated well beyond one company’s payroll. Management’s move — framed internally as a realignment to address skill mismatches and to make the business “future-ready” — has instead been read across industry corridors as a signal that artificial intelligence and automation are accelerating a structural…