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…
President Donald Trump has publicly urged NATO and European Union partners to stop buying Russian oil and to impose stiff economic penalties on Moscow — and he has framed U.S. action as contingent on allied steps. The approach has puzzled and alarmed some Western officials: by pushing allies to take the lead while repeatedly delaying…
Tesla’s decline across parts of Europe has hardened into a clear pattern: sharp collapses in several northern and western markets, pockets of resilience where the brand remains strong, and a steady transfer of market share to Chinese manufacturers and traditional European automakers. August data show a company that is still a major player on the…
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…
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 —…
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…
The recent pullback from green hydrogen projects worldwide is casting a long shadow over efforts to meet critical emissions reduction targets. Once celebrated as a cornerstone of decarbonizing hard‑to‑abate sectors, green hydrogen—produced via electrolysis powered by renewable electricity—has suffered a wave of cancellations and delays. Without the anticipated scale‑up of low‑carbon hydrogen production, industries such…
Local authorities across China have increasingly turned to “zero-mileage” car exports as a shortcut to bolster auto sales figures and inflate regional growth statistics. By registering brand-new vehicles as used and shipping them overseas, municipal and provincial governments are helping prop up domestic production numbers while meeting ambitious economic targets set by Beijing. This strategy…
Decimating Iran’s nuclear infrastructure demands far more than a wave of fighter jets or a few bunker-busting bombs. From subterranean fortresses shielded by mountains of rock to intricate air-defense networks and the looming specter of regional escalation, any attempt to neutralize Tehran’s uranium enrichment facilities presents an operational labyrinth. Even the world’s most powerful militaries…
Eli Lilly has announced that beginning early August, it will offer the two highest approved strengths of its blockbuster weight‑loss medication, Zepbound, directly to cash‑paying consumers through its LillyDirect website. By adding the 12.5 mg and 15 mg single‑dose vials to its online storefront—already home to lower doses—Lilly ensures that patients who lack insurance coverage or face…
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