Browsing: Business

WARSAW, 7 October 2025: Poland’s registered unemployment rate rose to 5.6 percent in September, according to official figures released by the Ministry of Family, Labour and Social Policy. The figure reflects an increase from 5.5 percent in August and marks the highest level of

SEATTLE, October 1, 2025: Starbucks Corporation has announced the elimination of approximately 900 corporate roles and the closure of an undisclosed number of underperforming stores across North America, part of a sweeping operational restructuring aimed at streamlining its U.S. business. The decision,

Egyptian Prime Minister Mostafa Madbouly announced Saturday that industrial projects in the Qantara West Zone are expected to generate between $3 billion and $4 billion annually in export revenues once fully operational. The area forms part of the Suez Canal

Egypt and Spain signed a landmark Development Partnership Agreement for 2025 to 2030 on Thursday in Cairo, marking the first of its kind between the two countries. The signing took place during the state visit of King Felipe VI and

Egypt has announced a substantial investment plan totaling EGP 136.3 billion for its electricity and renewable energy sectors in the fiscal year 2025/26. The allocation, disclosed by the Ministry of Planning, Economic Development and International Cooperation, represents an 87.7 percent

Egypt’s central bank cut its benchmark interest rates by 200 basis points on Thursday, bringing the overnight deposit rate to 22 percent and the lending rate to 23 percent, as policymakers moved to ease monetary conditions amid falling inflation and

Norway’s crude oil production surged to a 10-year high in July 2025, reaching an average of 1.96 million barrels per day, according to new data released by the Norwegian Offshore Directorate. The increase represents a 17 percent jump from June

India and China have agreed to resume direct passenger flights between the two countries, marking the first such move since air links were suspended in early 2020. The agreement comes as both sides work to rebuild diplomatic and economic ties following years of tension along

Home Depot reported weaker than expected earnings for its fiscal second quarter, while warning that new tariffs will force the company to raise prices on certain imported products. The home improvement retailer posted net sales of $45.28 billion, slightly below analyst forecasts,

Victoria has sharply increased the projected cost of its long-term renewable energy transmission plan to $7.9 billion as the state government finalized a blueprint that sets out how new wind and solar projects will be connected to the grid. The announcement, delivered