A Tale of Two Economies: Greek Banks Thrive While Workers Struggle
The 2025 fiscal year was exceptionally profitable for Greece’s systemic banks, with combined net earnings surpassing €4.6 billion.…
Tax oil companies’ windfall profits, says European civil society
A group of 31 European NGOs, including Oxfam, WWF, CAN Europe and T&E, have called on the EU…
EU considering excessive profit taxes on oil and gas companies, foreign profits remain unclear
The European Commission is considering a tax on excessive profits from the oil and gas industry as energy…
Cypriot banks see profits tumble in 2025, KNEWS
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller…
Israel’s endless war on Lebanon produces endless profits for U.S. weapons manufacturers – People’s World
Rescue workers inspect an apartment damaged in an Israeli airstrike as thick smoke fills the building in the…
BMW warns profits will fall in 2026 due to tariffs
German automaker BMW expects its earnings to decline moderately in 2026, warning that rising global trade barriers and…
Clarksons profits drops amid ‘extraordinary geopolitical and economic complexity’
Shipping services firm Clarksons posted a drop in full-year profit on Monday amid “extraordinary geopolitical and economic complexity”.…
Trump’s Profiteering Hits $4 Billion
In September, the company floated shares on the stock market, capitalizing in another way on the cachet of…
Tesla records first revenue decline amid growing criticism of Elon Musk
Tesla has recorded its first annual fall in revenue since it began publishing public financial results more than…
European markets rise, oil prices jump on OPEC+ decision
European benchmarks began the week with gains. Oil and gold prices increased, but the euro weakened against the…
Excessive fossil fuel profits should be taxed and given back to…
Despite concerns over security of supply and climate change, fossil fuels continue to dominate the global energy supply,…