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18973 articles published since 08 Mar 2022

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Facebook, TikTok harden EU commitment to tackle disinformation -- but not X
Facebook, TikTok harden EU commitment to tackle disinformation -- but not X
Economy

Digital titans including Facebook and TikTok formally pledged to ramp up the fight against disinformation in the EU, Brussels said on Thursday, just days after the new US administration condemned the bloc's online content rules. The DSA forces all digital firms to police content online and tackle the spread of mis- and disinformation.

Unilever announces profit slump on Russia exit
Unilever announces profit slump on Russia exit
Economy

British consumer goods giant Unilever on Thursday announced falling net profits for 2024, hit by exiting Russia and other restructuring costs. The fall in profits reflected the sale of assets and "higher restructuring costs as a result of accelerating the productivity programme", the company said in its earnings statement.

French game developers mark first industry-wide strike
French game developers mark first industry-wide strike
Economy

French video game workers on Thursday hit the pause button in a first-ever sector-wide walkout over conditions and job cuts. Drawing in other worker groups, the movement has even spread abroad with a walkout at a studio belonging to French giant Ubisoft in Barcelona, Spain.

Nestle sales beat forecast after price hikes
Nestle sales beat forecast after price hikes
Economy

Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation. Consumers turned to cheaper products as Nestle raised prices to cope with inflation.

Germany's Commerzbank to cut jobs to fight off UniCredit
Germany's Commerzbank to cut jobs to fight off UniCredit
Economy

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian bank UniCredit. It has since boosted its holding in the German bank to around 28 percent.

What next for Honda and Nissan?
What next for Honda and Nissan?
Economy

Honda and Nissan on Thursday announced the scrapping of merger talks that would have created the world's third-biggest auto company by unit sales behind Toyota and Volkswagen. - When the merger talks were announced in December the plan was that the two automakers along with Mitsubishi Motors would integrate their businesses under a new holding company.

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