Read the latest news from regional and global sources, presenting different voices and perspectives.
Austria Manufacturing Activity Contracts At Slower Pace
RTTNews
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July 29, 2025
Austria's manufacturing activity contracted at a slower pace in July as output returned to growth, survey data from S&P Global showed on Tuesday. The UniCredit Bank Austria Manufacturing Purchasing Managers' Index rose to 48.2 in July from 47.0 in...
Wegovy maker Novo’s profit warning wipes out $70B in market value after shares plunge 30%
New York Post
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July 29, 2025
Investors wiped $70 billion off Novo Nordisk’s market value on Tuesday after the maker of weight-loss drug Wegovy issued a profit warning and named a new CEO, as it battles rising competition in the obesity drug market. Novo named Maziar Mike...
Production Is Now Fully Underway At KTM’s Austrian Factory
Adventure Rider
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July 29, 2025
Months after management announced KTM’s impending bankruptcy, and weeks after announcing Bajaj’s takeover, the Austrian-based motorcycle manufacturer says its production lines in its hometown of Mattighofen are now running full-time. It’s a huge...
Former official in Vienna sent to prison for 8 years
The Vindicator - Ohio
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WARREN — Linda McCullough will have the next eight years to think about her actions. That’s because McCullough, who served as Vienna’s fiscal officer from 2019 to early 2024, was sentenced to a total of eight years in prison Tuesday morning to be...
Austrian firm takes over bottling plant in a boost for Dundee’s economy
Nothern Natal News
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July 29, 2025
The recent launch of the new Alpla bottling plant at Orange Grove Dairy has injected fresh life into Dundee’s struggling economy, long battered by a decline in mining and tourism. Austrian-based Alpla – a global packaging leader with operations in...
Russian espionage and influence operations are pushing Austria toward closer ties with NATO
The Odessa Journal
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Austria, which has adhered to a policy of neutrality for decades, is increasingly reconsidering its security strategy amid the growing threat from Russia. Moscow’s espionage activities, cyberattacks, and extensive influence operations have become...
Meet George Jetson: Flying Car Takes Maiden Journey
Michigan Technology News
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August 1, 2025
AUSTRIA – The future of transportation is rapidly evolving, and with it comes the promise of a more sustainable and efficient way to travel. Austrian aviation company CycloTech is at the forefront of this revolution, recently achieving a...
Oil market outlook bright: Minister
Kuwait Times
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July 29, 2025
Kuwait endorses OPEC+ strategy shift, with officials citing signs of sustained global demand KUWAIT: Kuwait’s Oil Minister Tareq Al-Roumi voiced optimism about the future of the global oil market during the 61st OPEC+ ministerial meeting, saying...
Trump to sign executive order to impose new tariffs
WBBJ - Tennessee
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July 31, 2025
(AP) — President Donald Trump is engaging in a flurry of trade activity as the clock ticks down to his Aug. 1 deadline. At 12:01 a.m. Friday, new tariffs are scheduled to take effect on U.S. imports from dozens of other nations. White House press...
TMX Group Limited Reports Results for Second Quarter of 2025
The Kingston Whig-Standard
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July 31, 2025
Article content Adjusted diluted earnings per share increased by 19 cents from $0.81 in 1H/24 to $1.00 in 1H/25 primarily reflecting an increase in income from operations from 1H/24 to 1H/25, partially offset by higher income tax expense. Revenue...
Billy Joel Releases 'And So It Goes' Documentary Musical Companion
RTTNews
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July 29, 2025
Billy Joel has released a 100-track album, Billy Joel: And So It Goes, a digital only companion piece that coincides with the release of the two-part documentary that explores his life and music. The album will mirror the tracks from the film...
Ozempic Maker Novo Nordisk’s Market Value Drops $93 Billion
The Business of Fashion
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July 29, 2025
Novo Nordisk named its head of international operations as chief executive officer after slumping weight-loss drug sales led to a profit warning that wiped $93 billion off its market value. The Danish drugmaker promoted Maziar Mike Doustdar, who...
Learnings from Spotify’s Q2 2025 earnings call… including what the company (didn’t) say about that long-awaited ‘Music Pro’ tier
Music Business Worldwide
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July 29, 2025
Spotify posted solid Q2 2025 results today (July 29), with the streaming giant adding 8 million net subscribers to finish June with 276 million paying customers. SPOT also added 18 million monthly active users in the period to reach 696 million,...
Low oil prices to pound economies of Mideast, African producers: report
Hellenic Shipping News
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July 29, 2025
Oil-dependent countries in the Middle East and Africa will see low crude prices hammer their fiscal positions in 2025, with only the UAE and gas-rich Qatar able to break even at current levels, according to a new report from S&P Global Market...
Austria is considering abandoning neutrality amid Russian threats
The Odessa Journal
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Main image: Austria’s Foreign Minister Beate Meinl-Reisinger, by Michael Gruber/BMEIA Austria may reconsider its traditional neutrality amid growing threats from Russia and increasing global instability, said Austria’s Foreign Minister Beate...
Does Airbus Build Fighter Jets? The Company's Military Projects, Explored
SlashGear
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July 29, 2025
Known as one of the world's premier aircraft manufacturers, Airbus produces more than popular passenger jets like the A320. In fact, Europe's largest aerospace company offers its clients a diverse portfolio of aircraft, ranging from commercial...
Ozempic maker’s shares plunge $70bn as copycats gobble up market share
Irish Independent
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Novo Nordisk became Europe's most valuable listed company following the launch of Wegovy in 2021 Investors knocked $70bn off Novo Nordisk's market value on Tuesday after the maker of weight-loss drug Wegovy issued a profit warning and named a new...
Why Hyping Art As an Investment Needs to Stop
The Business of Fashion
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July 31, 2025
Welcome to Arts Radar, a monthly column breaking down key developments in contemporary art and the wider worlds of design, music, cinema and television. It’s not an easy moment for the art market. New York’s ADAA fair was just cancelled....
Bridgepoint to acquire majority stake in HBC
Reinsurance News
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July 31, 2025
Bridgepoint, a quoted private asset growth investor, has agreed to acquire a majority stake in HBC (Hanseatic Broking Center), an independent SME+ insurance distribution platform in the DACH region, from Preservation Capital Partners. HBC was...
INVL Renewable Energy Fund I secures new Kommunalkredit financing for solar energy projects
Energy Global
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July 29, 2025
The INVL Renewable Energy Fund I, which is managed by INVL Asset Management and invests in renewable energy projects, signed a new €29.3 million loan agreement with Kommunalkredit Austria AG. The proceeds of the loan will be used to finance the...