A parcel courier’s chance discovery of unused staff flats in Łódź has prompted logistics company Kresna Route to announce a decade-long plan to create 1,200 affordable rentals. The company says the first 216 homes will be renovated at the former depot where she found the building.
A walkout at a Lille payment processor set off a bizarre accounting fault on Friday, briefly showing 22,400 French merchants as having received an extra €312 million. Banks froze the apparent windfall while the company worked to untangle a duplicate settlement batch.
On the fifth anniversary of a spectacular algorithmic trading bust, Baltic savers are revisiting the losses that turned a trendy investment app into a cautionary tale. The vanished money is only part of the damage: some former customers say they have not trusted a market rebound since.
A pre-dawn walkout at a glass factory near Most was followed hours later by a ruptured steam pipe that shut production and left thousands of tonnes of orders in doubt. Fire officials reported no injuries, while the company put the potential cost of the stoppage at 620 million koruna (about €25 million).
An Irish trading group has frozen a €64 million family dividend and pledged €112 million for Caribbean communities after a former ethics director challenged how the company handled its historical ties to plantation wealth. The announcement came hours after she went public with evidence that earlier promised grants had barely reached their intended recipients.
A walkout at a Wels factory has halted production of flood barriers just as Austrian retailers prepare for another season of severe-weather alerts. Its most recognisable picket-line voice, a veteran machinist, is also named on the patent for the company’s best-selling design.
An Abu Dhabi investment firm has stopped sales and suspended payouts on certificates sold as a source of monthly dividend income after discovering that part of the cash came from investors’ own capital. The move affects 18,600 holders across three Gulf countries, including retirees who say they budgeted their lives abroad around the payments.
A new measurement at a Ukrainian Black Sea terminal has stunned shipping firms: one vessel took on 46,320 tonnes of grain in 12 hours. The unexpected figure is drawing fresh business to the port — and prompting rivals to ask how the scales were checked.
A chart tucked inside a second-hand desk has helped launch the biggest private investment yet announced in Saint Vincent and the Grenadines. A sonar survey prompted by the find confirmed a deep approach to Lowmans Bay, where developers plan a new freight terminal.
Shares in six regional Japanese banks surged after a public hearing revealed a plan to share costly payment systems and return billions of yen to investors. The announcement gives a months-long rally fresh force — and puts pressure on the lenders to prove their savings will reach customers as well as shareholders.
A fierce October storm has brought a battery-supply scandal to light in Thailand, after thousands of small businesses said the power systems they had paid for never arrived. The company behind the scheme collected more than ฿538 million (about €11.8 million), according to customer receipts reviewed by provincial officials.
A Swiss watchmaker is recalling 18,640 mechanical watches after customers in 23 countries reported that they were gaining almost exactly a minute a day. The company has found no single cause — and a staff delegate is refusing to sign a pledge she says could silence questions about the failure.