Tag: Economy
AstraZeneca plans to invest $50 billion in the US by 2030
British-Swedish pharmaceutical company AstraZeneca plans to invest $50 billion (more than CZK 1 trillion) in expanding its manufacturing and research capacities in the United...
U.S. Stocks Edge Higher as Investors Await Economic Data and Corporate...
U.S. stocks edged higher today despite an initial decline, driven by concerns over the latest moves by U.S. President Donald Trump in trade policy....
The British government is investing over £14 billion in a new...
The British government plans to invest £14.2 billion (approximately CZK 416 billion) in the construction of a new nuclear power plant, Sizewell C. This was...
Reuters: US wants countries to submit trade offers by Wednesday
The United States is demanding that other countries submit their best offers for mutual trade negotiations by Wednesday. This is according to a draft...
China’s DeepSeek releases improved AI model R1, increasing competition for OpenAI
Chinese artificial intelligence (AI) start-up DeepSeek has released an update to its R1 logical reasoning model. This increases competitive pressure on US companies such...
Italian bank UniCredit to challenge terms of takeover of rival Banco...
Italian banking group UniCredit will fight in court against the conditions set by the government for approving its bid to buy rival Banco BPM...
Walmart’s quarterly profit falls to $4.5 billion, plans to raise prices
The American chain Walmart saw its consolidated net profit fall by 12.1 per cent to USD 4.49 billion (CZK 100 billion) in the first...
The White House will ease tariffs imposed on the automotive industry,...
The administration of US President Donald Trump will today ease the impact of its tariffs on automotive parts by compensating manufacturers for some tariffs...
Samsung’s operating profit fell 0.2 percent in the quarter, a bigger...
South Korean electronics maker Samsung Electronics saw its operating profit fall 0.2 percent year-on-year to 6.6 trillion won (CZK 103 billion) in the first...
Swedish clothing chain H&M’s sales rose only slightly in the quarter
Swedish clothing chain H&M increased sales by two per cent to SEK 55.3 billion in the first quarter of its financial year. The company...
