Business - Page 8

EU investigates Temu over illegal products 36 minutes ago36 minutes ago
EU investigates Temu over illegal products 36 minutes ago36 minutes ago

EU investigates Temu over illegal products

The European Union’s executive arm wants to ensure the Chinese online shopping platform’s goods “meet EU standards and do not harm consumers.” The European Commission opened an investigation into the Chinese online shopping platform Temu on
3 days ago
IMF initially agrees to disburse $1.1 billion to Pakistan
IMF initially agrees to disburse $1.1 billion to Pakistan

IMF initially agrees to disburse $1.1 billion to Pakistan

The sum is the final tranche of a $3 billion rescue-package Islamabad had secured last summer. The newly-elected administration of the South Asian cash-strapped country is already seeking another IMF loan. The International
8 months 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
8 months ago
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