Finland Showcases Circular Economy and Nature Funding Leadership at European Business & Nature Summit in Helsinki
Finland's Minister of Climate and the Environment, Sari Multala, highlighted the nation's pioneering efforts in circular economy solutions and innovative nature funding mechanisms at the European Business & Nature Summit in Helsinki. The summit, held on October 23-24, 2025, convened leaders to advance nature-positive business strategies.
Argentine Bishops Urge Faithful to Uphold Common Good in Upcoming Midterm Elections
Ahead of Argentina's October 26 midterm legislative elections, the Argentine Episcopal Conference issued a statement titled 'Your vote and your commitment, foundation of our democracy,' calling on the faithful to trust in democratic processes and prioritize the common good amidst political weariness.
Air Canada Cuts Approximately 400 Management Jobs Amid Financial Restructuring
Air Canada has announced a reduction of approximately 400 non-unionized management positions, representing about one percent of its total workforce. This 'difficult decision' follows an extensive review and comes after a costly flight attendant strike in August, which impacted the airline's finances and led to a revised earnings forecast.
TotalEnergies Convicted of Greenwashing by French Court Over Climate Pledges
A civil court in Paris has found oil and gas giant TotalEnergies guilty of 'misleading commercial practices' for overstating its climate commitments. The ruling, a landmark decision, orders the company to remove specific claims from its website and pay damages to environmental groups.
Lagos State Disburses Over ₦1 Billion in Pension Bonds to 463 Retirees
The Lagos State Government has released ₦1,006,057,173.45 in accrued pension rights to 463 retirees at the 111th Retirement Bond Certificate Presentation Ceremony. This payout underscores the state's commitment to its pension obligations and the welfare of its former civil servants.
Estée Lauder Companies Celebrates 60 Years of Innovation at Oevel Campus in Belgium
The Estée Lauder Companies marked the 60th anniversary of its Manufacturing & Fulfillment Campus in Oevel, Belgium, a vital global manufacturing and biotech hub. The celebration highlighted six decades of innovation, significant production capabilities, and a commitment to sustainability and advanced technology.
Nigeria Pledges Unprecedented ₦1 Trillion Investment to Transform Mining Sector at 10th Mining Week
Nigeria's government announced a landmark ₦1 trillion investment in its solid minerals sector at the 10th Nigeria Mining Week 2025. This historic commitment aims to diversify the economy, boost GDP contribution, and create jobs through extensive geological exploration and infrastructure development.
Nestlé to Cut 16,000 Jobs Globally Amid Major Restructuring Under New CEO
Swiss food giant Nestlé announced plans to eliminate 16,000 jobs worldwide over the next two years, representing about 6% of its global workforce. The move, part of a significant restructuring effort led by new CEO Philipp Navratil, aims to boost efficiency, cut costs, and accelerate the company's turnaround, with a target of 3 billion Swiss francs in savings by 2027.
Italy Postpones Plastic Tax Implementation to January 2027
The Italian government has once again delayed the implementation of its plastic tax, pushing the effective date from July 1, 2026, to January 1, 2027. This marks the latest in a series of postponements for the levy on single-use plastics, initially introduced in the 2020 Budget Law.
Human Rights Watch Urges Brazil to Act on Illegal Ranches, Holds JBS Accountable for Amazon Deforestation
Human Rights Watch has released a report detailing the devastating impact of illegal cattle ranches on Indigenous lands in Brazil's Amazon, particularly in Pará state. The organization calls on the Brazilian government to remove these ranches and for JBS, the world's largest meatpacker, to address its alleged links to deforestation and human rights abuses in its supply chain.
Hungarian Supreme Court Affirms Limited Liability for Online Platforms Under E-Commerce and Digital Services Acts
The Hungarian Supreme Court, known as the Kúria, has issued a significant judgment confirming the limited liability of online platform service providers. This ruling, grounded in the E-Commerce Act and the Digital Services Act, clarifies that platforms are not objectively liable for unlawful content posted by users, provided they lack actual knowledge or act promptly upon notification.
Brazilian Corporate Tax Departments Accelerate Preparations for Sweeping 2025 Reform
Brazilian corporate tax departments are intensifying preparations for the nation's comprehensive tax reform, set to begin its phased implementation in 2026. Companies are prioritizing significant system upgrades and digital tax management tools to navigate the complex transition, which aims to simplify Brazil's notoriously intricate tax system.
Royal Mail Fined £21 Million by Ofcom for Persistent Delivery Failures
Ofcom has issued a £21 million fine to Royal Mail for failing to meet its First and Second Class delivery targets during the 2024/25 financial year. This marks the third consecutive year the postal service has been penalised for substandard performance, with millions of letters arriving late across the UK.
BALCO Achieves Major Milestone with First Metal Production from India's Largest 525 kA Smelter
Bharat Aluminium Company Limited (BALCO), a Vedanta unit, has commenced metal production from India's largest 525 kA smelter in Korba, Chhattisgarh. This milestone is part of a 1 MTPA expansion, positioning BALCO in the 'Million Tonne Club' and enhancing India's aluminium self-reliance.
Boris Johnson Found in Breach of Public Office Rules by Ethics Watchdog
An ethics watchdog, the Advisory Committee on Business Appointments (Acoba), has found former Prime Minister Boris Johnson breached rules on abusing contacts gained in public office. The finding follows his refusal to address allegations of lobbying the UAE and Saudi Arabia for private gain.
MoS Communications Urges Business Leaders to Drive India's Economic Transformation at IMC 2025
Dr. Chandra Sekhar Pemmasani, Minister of State for Communications, called upon business leaders at the India Mobile Congress (IMC) 2025 in New Delhi to spearhead India's economic transformation. He emphasized innovation, AI adoption, robust R&D investment, and collaboration with startups and MSMEs as crucial for sustained growth.
A recent report by the Independent Mexico Labor Expert Board (IMLEB) concludes that Mexico is not fulfilling its labor obligations under the USMCA trade agreement. This marks the first time the board has made such a finding, raising concerns about worker rights and the effectiveness of the agreement's labor provisions.
Botswana's Forthcoming Citizenship by Investment Program Attracts Global Interest with 464 Registrations in First Week
Botswana's new 'Impact Investment Program,' a Citizenship by Investment initiative, garnered 464 registrations of interest from 77 countries in its inaugural week. Set to launch in early 2026, the program aims to diversify the economy with a minimum contribution of $75,000.
Canada's Competition Summit 2025 Kicks Off in Ottawa with Focus on Affordability and Market Fairness
Minister Mélanie Joly delivered opening remarks at Canada's Competition Summit 2025 in Ottawa, emphasizing the government's 'hawkish' stance on competition to improve affordability for Canadians. The summit, hosted by the Competition Bureau, will explore strategies to enhance markets for consumers, workers, and entrepreneurs amidst recent amendments to the Competition Act.
Global Travelers Prioritize Responsible Tourism in Aruba, Survey Reveals
A recent survey by the Aruba Tourism Authority indicates that 96% of global travelers consider responsible tourism in Aruba essential. The study, which surveyed over 7,000 individuals, highlights a significant shift in traveler expectations towards experiences that actively benefit local communities and protect the environment, prompting Aruba's commitment to regenerative tourism by 2035.