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EU unveils plan to help the bloc’s overlooked islands and coastal communities

by lisa@patrickmarketingny.com | Jun 26, 2026 | Business News

  PAPHOS, Cyprus (AP) — Improving transportation links, ending energy isolation and building more homes are some of the key initiatives the European Union’s executive arm is looking to enact under a pair of first-ever strategies designed to help the bloc’s islands and...

Trump clean energy tax credit cutoff drives project rush as prices set to soar

by lisa@patrickmarketingny.com | Jun 26, 2026 | Business News

  By Nichola Groom June 26 (Reuters) – U.S. solar developers have secured federal subsidies for a wave of projects large enough to nearly double current capacity, rushing to beat a July 4 deadline that could send renewable power costs sharply higher. The projections...

Jobs data, rate bets in focus as US stocks close solid first half

by lisa@patrickmarketingny.com | Jun 26, 2026 | Business News

  By Lewis Krauskopf NEW YORK, June 26 (Reuters) – Jobs data in the coming week will shed light on the U.S. economy’s strength, which could raise prospects for near-term interest rate hikes, adding potential volatility to a stock market already on edge from swings in...

Tech weakness sends weekly global equity fund inflows sharply lower

by lisa@patrickmarketingny.com | Jun 26, 2026 | Business News

  June 26 (Reuters) – Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the U.S. Federal Reserve cooled risk appetite. Investors purchased a net $7.51 billion worth of global...

Volkswagen CEO aims to cut up to 100,000 jobs in next years, Manager Magazin reports

by lisa@patrickmarketingny.com | Jun 26, 2026 | Business News

  BERLIN, June 26 (Reuters) – Volkswagen CEO Oliver Blume aims to slash up to 100,000 jobs from its current workforce worldwide over the next few years, Manager Magazin reported on Friday. The magazine also said Blume intends to reduce investment by around 15% to just...

Italy regulator probes Microsoft over ‘Microsoft 365’ price hike

by lisa@patrickmarketingny.com | Jun 26, 2026 | Business News

  ROME, June 26 (Reuters) – Italy’s antitrust authority said on Friday it had opened an investigation into Microsoft over alleged unfair commercial practices linked to the price hike of its “Microsoft 365” subscription. The regulator said the Windows maker did not...
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