Alpha Bank Takes Over Orange Money’s Retail Business in Romania
Orange said on August 24 that it reached an agreement on transferring the retail business of Orange Money in Romania to Alpha Bank. The...
Türkiye Sees Increase in Value of Electrical Equipment Exported to Kazakhstan
The value of electrical equipment exported to Kazakhstan from Türkiye reached $53.2 million from January through June 2023, Trend.az reports. According to the Turkish Trade Ministry,...
LEONI Sets New Standards for Excellence in Romania’s Automotive Industry
In 2022, the consolidated turnover of LEONI’s three legal entities—LEONI Arad, LEONI Pitesti, and LEONI Bistrita—reached EUR 640 million. The company’s contribution to the...
Sweden’s Ericsson Sued by 37 Shareholders for $170M: Media Report
Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined 1.8 billion Swedish crowns ($170 million), saying its CEO’s disclosure of activities in Iraq depressed the stock, business daily Dagens...
Lufthansa Expects Best Sales Year in its History
The German airline, Lufthansa, has announced that it is expecting to record a 2,6 billion-euro profit by the end of 2023, the best sales year...
Kazakhstan’s Oil Refineries Resume Production After Overhaul
ASTANA – Kazakhstan’s three oil refineries are restoring capacities after Pavlodar and Shymkent oil refineries completed planned repair works, said Deputy Chairman of KazMunayGas...
Tesla Wants to Turn its Berlin Factory Into Europe’s Biggest Car Plant
Tesla has lodged an application to double the production capacity of its plant near Berlin to 1 million electric vehicles a year. The world’s...
Norway is Fining Meta $100,000 Daily Until it Changes its Ad Policies
Months after Ireland fined Meta $1.3 billion for violating the EU’s General Data Protection Regulation (GDPR), the company will soon be slapped with a daily $100,000 daily...
Denmark Looking to Contribute to Amazon Fund, Brazil Says
SAO PAULO: Brazilian President Luiz Inacio Lula da Silva said on Tuesday (Jul 18) that Danish Prime Minister Mette Frederiksen has told him that...
Viking Link Joins UK and Denmark Power Grids for First Time
An electricity link between Denmark and the UK has been connected for the first time, the National Grid said. The 475-mile (765km) high-voltage Viking...