Business News

Business

Apollo CEO Warns US Economy Could Face Two Quarters of Negative Growth Due to Tariff Impact

Apollo Global Management CEO Marc Rowan warns of potential two consecutive quarters of negative US growth due to Trump's tariff policies, advocating for a strategic approach to tra...

Business

Erste Group Secures Landmark €7B Deal with Santander to Expand Polish Market Presence

Erste Group Bank AG announces a €7.0 billion deal with Banco Santander, acquiring significant stakes in Santander Bank Polska Group and Santander Towarzystwo Funduszy Inwestycyjnyc...

Business

BioNTech Welcomes Ramon Zapata-Gomez as New CFO to Lead Financial Strategy

BioNTech SE appoints Ramon Zapata-Gomez as its new CFO effective July 2025, bringing extensive financial leadership experience from Novartis. Helmut Jeggle commends his expertise a...

Business

Bill Ackman's Pershing Square Makes a Bold $900 Million Investment in Howard Hughes Holdings

Pershing Square Capital Management invests $900 million in Howard Hughes Holdings at a 48% premium, with Bill Ackman taking over as Executive Chairman, signaling a major strategic ...

Business

Massive Layoffs Hit Spain: Over 2,000 Meta Moderators to Lose Jobs After Contract Loss

Over 2,000 Meta content moderators in Spain face layoffs after Telus International loses its contract with Meta. The union has secured a preliminary agreement for maximum compensat...

Business

Microsoft Bids Farewell to Skype After 21 Years, Paving the Way for Teams Dominance

Microsoft retires Skype after 21 years, shifting focus to Teams. Users can migrate with existing credentials, as Skype's outdated technology gives way to a more scalable solution.

Business

Massive Layoffs Hit Spain: Over 2,000 Meta Moderators to Lose Jobs After Contract Loss

Over 2,000 Meta content moderators in Barcelona face layoffs after Telus International loses its contract with Meta. The union has secured a preliminary agreement for maximum compe...

Business

Microsoft Bids Farewell to Skype After 21 Years, Paving the Way for Teams Dominance

Microsoft is retiring Skype after 21 years, shifting focus to Teams. Users can migrate their accounts seamlessly. Skype, once a leader in video calling, couldn't keep up with moder...