Kaja Kallas shelved an EU defense expert group after Germany and Italy objected, exposing governance tensions over Europe’s defense strategy.
Volkswagen approved a historic restructuring plan with about 50,000 job cuts, factory uncertainty and a major push to simplify models and improve returns.
Uzbekistan auctions 100% stake in state-owned jewelry producer Gold Moon Tashkent, including substantial debt and assets, with a starting price of 316.7 billion soms.
Jay Clayton has been confirmed as US Director of National Intelligence despite partisan opposition and limited national security experience, inheriting a community undergoing major restructuring.
President Zelensky has nominated Sergey Koretsky as Ukraine's new prime minister, with parliament expected to approve the government reshuffle on July 16, including key defense ministry changes.
Paxtakor Football Club posted a 50.8 billion sum loss and 17 billion sum tax debt in 2025, challenging its financial sustainability and privatization plans.
Uzbekistan accelerates Asakabank's privatization, transferring non-core assets and injecting $95M capital to streamline operations ahead of market-driven ownership by 2026.
The BBC plans to cut around 10% of its workforce amid financial pressures and a strategic shift toward digital platforms to counter declining traditional revenue streams.