Business - Page 8

European Central Bank cuts key interest rate to 3.25%
European Central Bank cuts key interest rate to 3.25%

European Central Bank cuts key interest rate to 3.25%

The decision came after new figures showed inflation across the bloc had fallen to its lowest level in more than three years. The European Central Bank (ECB) has cut borrowing costs for the
32 mins ago
Workers leave after an extraordinary works council at the Van Hool bus assembly plant, in Lier, Monday 11 March 2024. The dismissal of part of the 2,500 employees may be announced there. The Flemish government is considering possible additional support for bus builder Van Hool, an extension of the government guarantee or a participation in the capital is on the table. BELGA PHOTO ERIC LALMAND

Restructuring at Van Hool is largest collective redundancy announced in six years

The bus manufacturer is facing financial difficulties and today announced it will cut more than 1,100 jobs over the next few years. It is the largest such announcement in the private sector
7 months ago
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