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Doloresz Katanich

Business

Porn-driven OnlyFans could sell for billions despite ‘filth factor’

The profitable 18+ internet content subscription service is reportedly in talks to sell. However, the price tag could be impacted by its porn-driven content.

Economy

OECD growth slows abruptly to 0.1% in the first three months of 2025

The overall GDP growth of the 38 countries of the OECD, providing more than 40% of the global economy, slowed down substantially in the first quarter of 2025.

Business

EasyJet loss widens but UK budget airline confirms its 2025 targets

EasyJet’s shares fell after the British airline reported higher losses than a year ago despite increased revenues and strong traffic.

Economy

UK inflation jumps to highest in over a year on rising energy bills

Inflation in the UK rose to its highest level in over a year in April, driven by a wave of higher household bills, including energy and water, according to official figures released on Wednesday.

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Economy

Japan shipments to US decline as trade tariffs slow export growth

The world's fourth-largest economy is one of the hardest hit by the US administration's elevated trade tariffs on cars, resulting in Japanese exports slowing in April.

Markets

Chinese battery giant raises billions in this year’s biggest listing

Tesla supplier CATL completed the world’s largest listing of 2025 to date, with its shares surging more than 12% on the first day of trading.

Economy

How much will Trump’s tariffs drag on the EU economy in 2025?

The European Commission cut back its growth forecasts for this year and the next on Monday, due to the impact of US President Donald Trump’s tariff policies.

Business

Guinness maker Diageo braces for a €133 million US tariff hit

The British multinational alcoholic beverage company also announced a $500 million savings plan.

Economy

UK becomes fastest-growing G7 economy after strong first quarter

The UK economy recorded a better than expected first quarter, but experts warn, new taxes on UK businesses and high global uncertainty may slow down growth in the coming months.

Economy

Trump suggests India offered to drop tariffs to zero on US goods

The US President's words were not immediately acknowledged by New Delhi.

Business

Faulty brakes: Ford recalls some 274,000 Navigator and Expedition SUVs

The US carmaker is recalling two models manufactured between 2022 and 2024, after they received dozens of warranty reports pointing to a potential risk of the brake system.

Economy

European property market: Where have housing costs soared the most?

Between 2015 and 2024, house prices in the EU increased by 53%, with the cost tripling in some countries.

Business

Microsoft slashes 6,000 jobs as it clears the way for AI investments

Microsoft starts laying off thousands of workers as the company spends heavily on artificial intelligence.

Business

Mercedes moving production of its GLC SUV from Germany to the US

Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based production.

Business

Nissan to shed 20,000 jobs as Japanese automaker reports loss

Nissan is slashing about 15% of its global workforce, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended.

Business

Munich Re reports wildfire losses but sticks with profit outlook

Germany’s reinsurance giant took a serious hit from the US wildfires, dragging down the company’s property and casualty reinsurance segments and almost halving Munich Re’s net earnings.

Business

UniCredit lifts outlook as it beats expectations with record profit

Italy’s second biggest lender posted its highest net profit ever for the first three months of 2025, the period that the bank called the ‘best quarter in history’ in its earnings report.

Economy

US and China announce substantial reductions in tariffs for 90 days

The US and China agreed to lower tariffs for 90 days on Monday, as the world’s two biggest economies attempt to cool an escalating trade war.

Business

Commerzbank reports profit surge as it fends off UniCredit bid

The German lender reported its ‘best quarterly result since the first quarter of 2011’ as it attempts to fend off Unicredit’s takeover efforts.

Business

WeightWatchers files for bankruptcy in a bid to cut its debt

The publicly traded wellness company, which has been struggling to keep its business afloat, announced plans to file for bankruptcy as part of a reorganisation plan with a group of its lenders.

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