Volkswagen has approved a historic restructuring plan focused on model cuts, plant reviews, asset optimization and about 50,000 job reductions.
Daniel Driscoll’s resignation after clashes with Pete Hegseth adds to Pentagon turnover and raises questions over Army strategy and procurement.
Uzbekistan’s state announces auction of 100% stake in 'Fonon' jewelry plant, priced at 316.7 billion UZS, amid ongoing financial restructuring and significant debt obligations.
Ukraine's parliament is set to confirm Sergey Koretsky as prime minister, accompanied by a significant cabinet reshuffle focusing on energy and defense leadership changes.
Rosneft advisor Andrey Bezrukov warns Russia may remain in a state of war for decades, urging economic and defense restructuring amid rising security risks and evolving threats.
The UN faces a financial crisis due to delayed payments from the US and China, forcing cutbacks and operational restructuring amid governance constraints.
Paynet leads Uzbek payment firms with a 313.7% profit surge in Q1 2026, driven by strategic acquisition and dividend inflow, while Payme and Click post steady growth.
Uzbek banks expanded their credit portfolios by 19.3 trillion UZS in Q1 2026, while non-performing loans rose by 1.8 trillion UZS, mainly driven by state-owned banks amid evolving risk challenges.
Uzbekistan accelerates Asakabank privatization, transferring assets and securing state capital to enhance the bank's market viability and strategic competitiveness.