Keywords: Business


Netflix expands beyond streaming as investors react to slower revenue growth

Netflix faced a sharp decline in its share price after releasing its second-quarter 2026 financial results, despite reporting higher profits and continued revenue growth. Investors responded cautiously as the company's sales expanded at a slower pace than expected, raising concerns about future growth......

Sodexo secures global Meta catering contract across more than 130 sites

French food services and facilities management company Sodexo has won a major global contract to provide catering services across Meta's international operations, marking one of the largest commercial agreements in the company's history. The partnership covers more than 130 Meta locations in......

PSG nears new long-term Nike partnership worth more than €100 million per year

Paris Saint-Germain (PSG) is reportedly close to signing a new long-term partnership with Nike, with negotiations pointing to a contract worth more than €100 million per season. If finalized, the agreement would become one of the most lucrative kit sponsorship deals in world football. The proposed......

German retailers face growing pressure as rising costs weaken business outlook

Germany’s retail industry is entering a period of increasing uncertainty as companies struggle with rising operating costs and fragile consumer demand. Retailers across the country are reporting weaker business conditions, with higher expenses for energy, labour and procurement reducing profit......

Britain and Switzerland sign landmark trade deal to expand services and ease business travel

The United Kingdom and Switzerland have signed a new trade agreement aimed at strengthening cooperation in services, digital commerce and professional mobility, marking one of the most significant bilateral economic accords between the two countries since Brexit. Announced in Bern on Monday, the agreement......

Russia places Akzo Nobel assets under temporary state administration

Russia has placed selected assets belonging to Dutch paints and coatings manufacturer Akzo Nobel under temporary administration, extending a policy that has increasingly affected foreign-owned businesses operating in the country. The measure was announced through a decree signed by President Vladimir......

Korean Air reports 34% drop in quarterly profit despite record revenue

Korean Air reported a sharp decline in second-quarter operating profit as higher fuel costs weighed on earnings, even as the airline posted its highest-ever revenue for a second quarter thanks to robust passenger demand and a booming cargo business. The South Korean flag carrier said strong inbound......

German Chamber of Commerce and Industry in Morocco appoints Silke Kunstreich as new Managing Director

The German Chamber of Commerce and Industry in Morocco (AHK Morocco) has appointed Silke Kunstreich as its new Managing Director, bringing extensive international experience in business development, marketing and strategic communications to one of the leading institutions promoting German-Moroccan economic......

FIFA sells pieces of 2026 World Cup final pitch for nearly $400 as collectibles

The FIFA World Cup 2026 is becoming a collector’s item in more ways than one. The international football governing body has begun selling small pieces of the pitch from the MetLife Stadium in New York, the venue that will host the tournament final on July 19, offering fans the chance to own a physical......