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McDonald’s CEO warns that elevated inflation and flat customer traffic will persist as structural industry challenges, not temporary headwinds, as the chain confronts rising costs and weakening sales.
A Dutch court ruled that Lidl must stop selling copycat Birkenstock sandals in the Netherlands, facing daily fines and compensation requirements for trademark infringement.
Chinese hybrid car sales in the EU surged to 160,662 units in the first seven months of this year, prompting Brussels to consider safeguards and the German auto industry to discuss potential tariffs.
eBay has banned sales of airbags and airbag parts in the U.S. following safety concerns about faulty and counterfeit components that have caused deaths and injuries since 2023.
Vistry Group, a major British housebuilder, slashed profit forecasts after reporting losses of £661.3m in the first half, attributed to £600m in unsold homes and building safety provisions.
European battery startups are pursuing nanotechnology innovations to compete globally, with companies like LeydenJar and Powall developing advanced anode and coating technologies despite high risks and competition from China.
