The risk of rising inflation in the Euro zone may be more pronounced than previously expected, according to Isabel Schnabel, a member of the European Central Bank (ECB) board. Speaking on Wednesday, Schnabel emphasized that while Euro zone inflation is unlikely to fall significantly below target, there are several upside risks that could push prices

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French rail manufacturer Alstom SA announced on Wednesday that it has signed a 6.9 billion zloty ($1.90 billion) contract with PKP Intercity, Poland’s national rail operator, marking a significant expansion of Alstom’s presence in Central Europe. The deal will see Alstom deliver 42 Coradia Max trains, complete with 30 years of maintenance, with an option

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Porsche SE, the top shareholder of luxury automaker Porsche AG, reported a significant decline in earnings during the first nine months of 2025, as the company grapples with challenges in its electric vehicle (EV) strategy and broader issues in the automotive sector. Adjusted profit after tax fell 36% to 1.6 billion euros ($1.87 billion) compared

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Polestar, the electric vehicle (EV) maker majority-owned by China’s Geely Holding, announced plans to conduct a reverse stock split as it seeks to maintain its Nasdaq listing despite mounting losses and ongoing market challenges. The company reported a third-quarter net loss of $365 million, up from a $323 million loss in the same period last

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Microsoft (MSFT) announced on Wednesday that it is expanding its quantum computing facility near Copenhagen, Denmark, by adding a second lab, marking the company’s largest quantum site globally. The expansion reflects Microsoft’s strategic commitment to advancing quantum computing technology and strengthening its presence in Europe. Quantum Computing: Revolutionizing Industries Quantum computing operates on qubits, which

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Brazil’s fiscal balance is expected to become a top policy priority from 2027, regardless of the outcome of next year’s presidential election, according to Goldman Sachs. Alberto Ramos, head of Latin America macroeconomic research at Goldman, emphasized that Brazil will need to implement stronger fiscal measures to stabilize debt and prevent potential market volatility or

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India’s annual retail inflation dropped sharply to a record low of 0.25% in October 2025, down from a revised 1.44% in September, according to official government data. This marked the lowest point in the consumer price index (CPI) series, signaling a near-deflationary environment in the country. Analysts point to easing food prices, GST rate reductions,

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Germany’s Infineon Technologies AG is raising its growth forecast for semiconductors used in AI data centers while maintaining a cautious outlook for the automotive and industrial markets. The semiconductor giant reported strong revenue growth in AI-focused products but highlighted potential challenges in other sectors due to modest demand and inventory management concerns. Infineon Boosts AI

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The rapid growth of artificial intelligence (AI) data centers in the United States is expected to fuel a major surge in energy storage demand over the next five years, according to UBS Securities. The expansion of AI-powered computing facilities is creating a “boom cycle” for batteries and other storage solutions, which are increasingly necessary to

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Nov 12, 2025 – Chevron (CVX.N) announced plans on Wednesday to grow free cash flow by more than 10% annually through 2030, while boosting oil and gas production and further reducing costs and capital expenditure. The targets were revealed during Chevron’s investor day, following a year of restructuring and operational efficiency initiatives. Key Financial and

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