Articles by DPA
EU-Mercosur trade deal to take effect despite legal hurdles
The free trade agreement between the EU and the South American Mercosur bloc will soon move into provisional application, despite an ongoing review by the European Court of Justice (ECJ). European Commission President Ursula von der Leyen announced the move in Brussels following ratification by Uruguay and Argentina on Thursday. Provisional...
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EU parliament halts implementation of customs deal with US
The European Parliament has formally suspended the implementation of the customs agreement between the US and the EU. The background to this is the new tariffs announced by US President Donald Trump, according to the chairman of the trade committee, Bernd Lange (SPD). “We want a clear assurance from the United States that they will adhere to the...
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Trump's tariff defeat, new tariffs: EU assesses consequences
Following the US Supreme Court's decision against president Donald Trump's tariff policy, the EU and other countries are attempting to assess the precise consequences for the global economy. A special session of the legal service and the negotiating team, which was responsible for a customs agreement between the US and the EU, is scheduled for...
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JD Sports Fashion to repurchase 200 million pounds of shares
JD Sports Fashion PLC said on Monday that it plans to return 200 million pounds of capital to shareholders through share buybacks in fiscal 2027. Under the first tranche, the share repurchase drive will commence immediately to repurchase up to 100 million pounds of shares. This repurchase is expected to be completed before July 31. Thereafter,...
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Dispute over tariffs: defeat for Trump before Supreme Court
US president Donald Trump has suffered a defeat before the Supreme Court in the dispute over his aggressive tariff policy. The US Supreme Court ruled that Trump exceeded his authority when he invoked an emergency law to impose extensive tariffs on many trading partners, including the European Union. This article was translated to English using...
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Katjes: Bogner majority owner appoints US influencer as creative director
US influencer and comedian Jake Shane has been appointed chief creative officer (CCO) at liquorice and fruit gum manufacturer Katjes. The company confirmed the appointment to the German Press Agency (DPA) on February 12, 2026, following an earlier report by Forbes magazine. In this newly created role, the 26-year-old Shane will be responsible...
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EssilorLuxottica FY25 profit down, revenues rise; sees growth ahead
French ophthalmic company EssilorLuxottica reported Thursday weak profit in fiscal 2025, while revenues were benefited by imporved performance in all regions. Looking ahead, the company expects over the next five years, on average, a solid growth of its total revenue and a broadly aligned growth of the adjusted operating profit at constant...
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Amazon plans to invest 200 billion dollars in AI and chips
Amazon is surpassing even its high-spending tech rivals with its planned investments. The retail giant plans to invest around 200 billion dollars this year in AI, chips, robotics and satellites. The figure was difficult for investors to digest. The company's shares fell by more than ten percent in after-hours trading. According to Amazon's chief...
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Eurozone: inflation rate falls to lowest level in almost five years
The inflation rate in the Eurozone has continued to fall as expected, reaching its lowest level in almost five years. In January, consumer prices rose by 1.7 percent year-over-year, according to an initial estimate released by the statistical office Eurostat in Luxembourg on Wednesday. Economists had anticipated this on average. This is the...
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Swatch Group full-year profit slumps, sales decline
Swiss watchmaking and jewelry company Swatch Group AG (SWGNF) on Friday reported significantly weaker full-year results, as lower sales and higher operating expenses weighed on earnings. Profit before tax declined to CHF 158 million from CHF 345 million a year earlier. Operating profit fell to CHF 135 million, compared with CHF 304 million in...
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