• PayPal to lay off 2,000 employees

    PayPal has announced it will be cutting 2,000 jobs, approximately 7% of its workforce. The layoffs are expected to be carried out in the coming weeks and will impact different parts of the business to…
  • France, Germany protest green subsidies

    France and Germany's economy ministers, Bruno Le Maire and Robert Habeck, have returned from a meeting in Washington with U.S. Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo with few specific agreements over concerns…
  • Goldman to invest over $1bn in biomethane

    Goldman Sachs Asset Management has announced the creation of a new biomethane business called Verdalia Bioenergy. The company plans to invest over 1 billion euros in the European biomethane market over the next four years. Biomethane,…
  • EBRD gives US$16m loan to Credo Bank

    European Bank for Reconstruction and Development (EBRD) has extended a financial package of USD 16 million to Credo Bank to support micro, small, and medium-sized enterprises (MSMEs) in Georgia. This initiative is part of the…
  • BNP Paribas’ profit targets increased

    BNP Paribas, France's largest listed bank, has increased its profit targets for the next two years after announcing its plans to reinvest the profits from its $16.3 billion sale of its US retail bank in…