Austria’s inflation rate climbed to 3.5 percent year-on-year in July 2025, marking its highest level since April 2024, according to data released by Statistics Austria. The increase reflects mounting price pressures across key sectors of the economy, with household energy, industrial
Author: menewscast.com
Mercedes-Benz has announced significant price reductions for its EQ electric vehicle (EV) lineup in the United States, in response to weakening demand and the impact of new trade tariffs introduced by former President Donald Trump. The automaker is also temporarily suspending
A new study has identified a potential link between the artificial sweetener sucralose and reduced effectiveness of cancer immunotherapy treatments in patients with melanoma and non-small cell lung cancer. The research, conducted by the University of Pittsburgh in collaboration with
U.S. President Donald Trump has signed an executive order implementing sweeping tariff adjustments on a wide array of America’s trading partners, marking a decisive shift in U.S. trade policy and reversing decades of global trade liberalization. The new US tariffs, which
The U.S. labor market added just 73,000 jobs in July, falling short of expectations and signaling a sharp slowdown in hiring as President Donald Trump’s tariff policies weigh on businesses. According to the Bureau of Labor Statistics, the July figure was below
Shares in Adidas fell by 6% on Wednesday after the German sportswear company warned that new U.S. tariffs will significantly raise its costs and potentially lead to price increases for consumers in the American market. The company reported that tariffs had already caused a double-digit million euro
The U.S. Food and Drug Administration (FDA) is calling for tighter federal control over 7-hydroxymitragynine (7-OH), a potent psychoactive compound derived from the kratom plant, citing its high potential for abuse and opioid-like effects. The agency has formally recommended classifying
A newly released global trade simulation forecasts a dramatic contraction in Chinese exports to the United States, projecting a decline of $485 billion by 2027. The data, derived from the Observatory of Economic Complexity’s tariff simulator, is based on current and proposed tariff
Shares of Danish pharmaceutical company Novo Nordisk fell sharply by 20% on Tuesday after the company cut its full-year sales and profit outlook and named a new chief executive officer. The market reaction came amid ongoing challenges in the U.S. market for
Barclays reported second-quarter earnings that exceeded analyst expectations, supported by a strong performance in trading amid increased market volatility. The British lender posted a pre-tax profit of £2.5 billion ($3.34 billion) for the quarter ending June 2025, above the £2.23 billion estimate