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ECB’s Interest Rates Remain Unchanged But May See Cuts in September

ECB’s Interest Rates Remain Unchanged But May See Cuts in September

The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.


European Commission President Ursula von der Leyen Re-Elected to Second Term

The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to economic issues.

Nvidia Boss Jensen Huang Sells $31 Million Worth of Company Shares

Nvidia CEO Jensen Huang decided last week to sell over $31 million worth of the company’s stock in a move to entice investors.

Google Faces Italian Antitrust Investigation for Misleading User Consent Practices

Italy's antitrust agency is investigating Google and its parent company, Alphabet, over alleged unfair practices in how they obtain user consent for combining personal data across services like YouTube, Gmail, and Maps.


Latest News

North Korea to Open New Resort Tourism Site in 2025 Despite Foreign Tourist Ban
North Korean leader Kim Jong Un visited the Wonsan-Kalma tourism site, which opened in May 2025, despite the ongoing ban on most foreign tourists entering the country.
Olympic Gold Medalists to Receive $50,000 Prize Money for the First Time
For the first time ever, track and field gold medalists in the Paris Olympics will receive $50,000 prize money despite resistance from critics who claimed that it would undermine the spirit of the games.
Aurea Group Agrees to Acquire The Body Shop Out of Bankruptcy for Undisclosed Amount
The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year.
Bridging the Digital Divide: Greensparc's Solution for Sustainable Edge Data
We live in a time when digital connectivity is no longer a luxury but a necessity, which means access to reliable digital infrastructure is more important than ever before. Yet, millions of people across the globe, particularly in remote and underserved communities, continue to face significant barriers to accessing high-speed internet. This digital divide hinders educational advancements, limits healthcare access, and impedes economic growth. In response to this global problem, Greensparc, a company that provides edge infrastructure-as-a-service (IaaS), uses sustainable micro-data centers to close the connectivity gap.
HSBC Promotes CFO Georges Elhedery to CEO
HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2.
US Online Spending Surge to $7.2 Billion, Thanks to Amazon Prime Day Frenzy
The first day of Amazon's Prime Day event in the U.S. saw $7.2 billion in online sales, surpassing expectations and marking an 11.3% increase from the previous year.
Novo Nordisk, Eli Lilly Shares Decrease After Roche Reveals Obesity Drug Trial
Shares of pharmaceutical companies Novo Nordisk and Eli Lilly slid after Roche announced results from a promising early-stage trial for its proposed obesity drug.
Netflix's Password Sharing Crackdown Backfires With Slow Subscriber Growth in Q2
Netflix reported its slowest subscriber growth in five quarters, adding only 4.82 million new subscribers from April to June, down from 9.3 million in the previous quarter, largely due to a crackdown on password sharing.
China Investigates 16 Companies for Illegally Testing Job Seekers with Pregnancy Tests
Investigations are underway into Chinese companies accused of conducting illegal pregnancy tests on job applicants, which contradicts national efforts to address low birth rates.
Elon Musk to Move X, SpaceX HQs from California to Texas After Newsom Passes Trans Rights Law
Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.