Tag #Economy

kathimerini.gr
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European CEOs Warn of Lagging Competitiveness Under Trump's Second Term

At the Davos World Economic Forum, European CEOs express alarm that Europe risks lagging behind the US under Trump's second term, citing overregulation and a need for increased competitiveness to avoid becoming a mere "museum".

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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European CEOs Demand Regulatory Overhaul to Match US Competitiveness

European CEOs are urging the EU to significantly reduce regulations to boost competitiveness, mirroring U.S. deregulation efforts under President Trump; concerns include relocation of businesses, stifled innovation, and lagging economic growth.

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60% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Sabadell's Return to Catalonia: Political Stakes High Amidst BBVA Takeover

Banco Sabadell, headquartered in Alicante since 2017, is considering returning to Catalonia, a move with significant political implications amid BBVA's takeover attempt and Spain's ongoing recovery from the 2017 independence crisis.

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56% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Smithfield Foods Targets $10.73 Billion Valuation in Landmark IPO

Smithfield Foods, the largest U.S. pork processor, is targeting a $10.73 billion valuation in its New York IPO, its largest since 2021, raising up to $939.6 million by offering 17.4 million shares priced between $23 and $27; the company plans to reduce pig production by 21% in 2024 compared to this ...

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Activist Investor Challenges Board of £1.4 Billion Herald Investment Trust

Boaz Weinstein's Saba Capital is challenging the board of the £1.4 billion Herald Investment Trust, highlighting concerns about corporate governance and shareholder engagement in the UK investment trust sector; similar past events with Alliance Trust, Electra, and Foreign & Colonial demonstrate a re...

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56% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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Trump Seeks to Eliminate Federal and State Support for Electric Vehicles

President Trump issued an executive order on his first day in office aiming to eliminate federal and state support for electric vehicles, including a \$7,500 tax credit, but faces legal hurdles and potential congressional opposition, while automakers remain committed to EV production despite the cha...

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28% Bias Score

Climate Action
cnbc.com
🌐 85% Global Worthiness
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Davos CEOs Debate AI's Transformative Potential and Job Displacement Risks

At the 2024 World Economic Forum in Davos, CEOs from Mubadala, Edelman, Randstad, Mistral, and Lloyds Banking Group, along with economist Larry Summers, discussed AI's transformative potential, highlighting both immense opportunities and significant job displacement risks, emphasizing the need for g...

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48% Bias Score

Decent Work and Economic Growth
pt.euronews.com
🌐 85% Global Worthiness
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Europe Faces Economic Crisis: Executives Call for Urgent Action

During a roundtable discussion, European executives warned of an impending economic crisis, advocating for regulatory reform, increased investment, and greater collaboration to enhance Europe's competitiveness and counterbalance the growing US economy under Trump.

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Government Intervention Limits Car Finance Mis-selling Payouts, Boosting Lender Shares

The UK Treasury is seeking to limit compensation payouts in a multi-billion pound car finance mis-selling case, causing shares in affected lenders to rise sharply, despite the potential for industry disruption.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Netflix's Record Subscriber Growth Fuels Price Hikes and Stock Surge

Netflix added a record 18.9 million subscribers in Q4 2024, exceeding expectations due to live sports and "Squid Game," prompting price increases across various plans in the US, Canada, Portugal, and Argentina and resulting in a 13 percent stock surge.

Progress

12% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle

Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.

Progress

52% Bias Score

Decent Work and Economic Growth
gr.euronews.com
🌐 85% Global Worthiness
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Europe's Unity and Self-Reliance in Response to Trump Presidency

At a Euronews event in Davos, European leaders discussed bolstering unity and competitiveness amidst President Trump's inauguration, emphasizing increased defense spending, digital investments, and deeper integration to counter potential US isolationism.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure