Economy · Pollar

12 US states sue to block Paramount Skydance's $110 billion Warner Bros. Discovery takeover, setting up antitrust clash

California and 11 other states filed suit in federal court Monday to stop Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, arguing the deal would raise prices for moviegoers and cable subscribers while squeezing independent theaters.

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Energy & Trade·4h ago

Italy heat wave threatens Parmesan: milk output down 10%, energy costs up 30% in storage

Northern Italy’s record heat is squeezing Parmigiano Reggiano production: cows give up to 10% less milk and storerooms consume 30% more energy to cool half a million cheese wheels worth over 300 million euros.

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Macro·53m ago

Spain's tax competitiveness slides to 34th in OECD as fiscal pressure runs 17% above EU average, business lobby warns

The IEE report, anchored on Tax Foundation data, finds Spain dropped five places since 2018 and now scores 57.9 out of 100, while household and corporate tax effort exceeds the European average by double digits.

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Energy & Trade·11h ago

EU imports record 9.97 million tonnes of Russian LNG from Yamal plant ahead of 2027 ban

European Union countries imported 136 cargoes from Russia's Yamal LNG facility in the first half of 2026, a 16% volume increase over the same period last year, absorbing more than 97% of the plant's output.

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Energy & Trade·10h ago

Germany plans sharper tobacco tax hikes, pushing cigarette pack to 11.78 euros by 2030

The black-red coalition government wants to raise the tobacco duty more steeply than its cabinet approved last week, targeting an average pack price of 11.78 euros by 2030 to help plug a budget gap and curb smoking rates.

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Business·8h ago

Intel invests €5 billion in Leixlip plant to expand AI chip manufacturing, adding hundreds of jobs

The US chipmaker will upgrade its Leixlip facility west of Dublin with new equipment, adding several hundred jobs to the 4,900-strong workforce, as it races to meet surging demand for AI data-centre processors.

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Energy & Trade·9h ago

Poland refuses to lift Ukraine grain embargo despite EU pressure

Deputy minister Adam Nowak told a Brussels meeting that lifting the ban would hit farmers and consumers, as the European Commission warns of possible infringement proceedings.

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Macro·9h ago

German airfares jump 8.5% in first half of 2026 as kerosene costs bite

International flights from Germany cost 8.5% more in the first half of 2026, driven by expensive kerosene after the Strait of Hormuz blockade. Package tours rose more moderately at 3%.

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Business·8h ago

Bosch starts sample chip production at first US plant, finalizes $225 million CHIPS Act funding

The German supplier began sample production of silicon carbide semiconductors at its Roseville, California facility on Monday, locking in a $225 million U.S. Commerce Department grant. The plant, bought in 2023 for a total investment of $2 billion, will start commercial output later this year.

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Business·9h ago

Crans-Montana tourism body expects stable summer bookings six months after deadly New Year’s bar fire

Six months after a fire at the Le Constellation bar killed 41 people and injured 115, Crans-Montana Tourisme & Congrès says summer and autumn bookings remain stable, though geopolitical tensions and a strong franc weigh on the market.

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Business·from Jul 9·upd. 7h ago

Volkswagen CEO warns up to 50,000 more job cuts needed to match rivals' costs

CEO Oliver Blume says overhead costs are 20 percent above the industry average and, without wage changes, the theoretical reduction is 50,000 positions worldwide, on top of an existing 50,000-job cut plan.

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Business·from Jul 10·upd. 1h ago

Apple sues OpenAI over alleged trade secret theft, jeopardizing its rival hardware plans

A lawsuit filed on Friday accuses the ChatGPT maker of orchestrating a scheme to extract confidential hardware data from former Apple employees, with over 400 ex-staff now working at OpenAI.

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12 US states sue to block Paramount Skydance's $110 billion Warner Bros. Discovery takeover, setting up antitrust clash

Italy heat wave threatens Parmesan: milk output down 10%, energy costs up 30% in storage

Spain's tax competitiveness slides to 34th in OECD as fiscal pressure runs 17% above EU average, business lobby warns

EU imports record 9.97 million tonnes of Russian LNG from Yamal plant ahead of 2027 ban

Germany plans sharper tobacco tax hikes, pushing cigarette pack to 11.78 euros by 2030

Intel invests €5 billion in Leixlip plant to expand AI chip manufacturing, adding hundreds of jobs

Poland refuses to lift Ukraine grain embargo despite EU pressure

German airfares jump 8.5% in first half of 2026 as kerosene costs bite

Bosch starts sample chip production at first US plant, finalizes $225 million CHIPS Act funding

Crans-Montana tourism body expects stable summer bookings six months after deadly New Year’s bar fire

Volkswagen CEO warns up to 50,000 more job cuts needed to match rivals' costs

Apple sues OpenAI over alleged trade secret theft, jeopardizing its rival hardware plans

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