Belgium Financial News

04.04 / 11:15
wellness country Relationships International CPI(M) gets CPC message on what India-China ties can achieve
Communist Party of China (CPC) has said in a message to the CPI(M), extending wishes for the party congress underway in Madurai. According to a document shared by the Communist Party of India (Marxist), 34 Left parties from across the world have sent it messages wishing success to its 24th party congress. Besides the CPC, they include Workers' Party of Korea, Communist Party of Vietnam, Communist Party of Cuba, Communist Party of Australia, Workers' Party of Belgium, Palestinian People's Party, besides communist parties from the US, France and Germany among others. Communist Party of Bangladesh, Workers Party of Bangladesh, Communist Party of Nepal (United Socialist), Awami Workers' Party, Pakistan, Communist Party of Pakistan and Communist Party of Burma also sent messages wishing success to the CPI(M) congress. The CPC in its message said in the present international landscape, an improving China-India relationship serves the common interest of both countries and the region. «The international landscape and world order are now in a new round of transformation. An improving China-India relationship serves the common interests of both countries and the region,» CPC said.
17.05 / 15:53
UPS FIVE Manufacturing War track reports International JSW Steel’s JVs put it on track to be among top global steelmakers outside China
Subscribe to enjoy similar stories.Mumbai: Two strategic joint ventures have set the Sajjan Jindal-led JSW Steel on course to becoming one of the world's biggest steel companies outside of China.The first joint venture is with Japan's JFE Steel through a recent 50% stake sale in Bhushan Power & Steel Ltd (BPSL), a company it acquired through the bankruptcy court five years ago.Add to that another equal joint venture with South Korea's POSCO to set up a new 6 million tonnes per annum (mtpa) capacity steel plant in Odisha.Including planned capacity expansions at BPSL, the two partnerships would add about 16 mtpa capacity by 2032, setting it on course to reach 80 mtpa capacity by 2032, according to Jayant Acharya, the chief executive officer and joint managing director of JSW Steel.The company’s consolidated steelmaking capacity stood at just under 38 million tonnes per annum at the end of FY26, including BPSL.These capacity additions would make JSW Steel a strong contender to be the world's largest steelmaker outside China by 2032.At present, ArcelorMittal is the world’s largest steel company outside China, with a capacity of 65 million tonnes per annum, according to 2024 manufacturing capacity data from the Belgium-based World Steel, the latest figures published by the international trade body.The BPSL stake sale to JFE Steel brought JSW Steel about ₹37,250 crore, which sharply deleveraged its balance sheet, and gave the company the financial muscle to fund expansion. The Mumbai-headquartered steelmaker pared about ₹30,000 crore of debt in FY26, mostly in foreign borrowings.
28.04 / 03:09
markets SUN JPMorgan Merck country reports Sun Pharma’s deal to buy Merck-spinoff Organon ticks the right box on acquisition cost if not R&D
Subscribe to enjoy similar stories.Sun Pharma would appear to have got itself a sweet deal when it agreed to acquire all outstanding shares of US-based Organon for $3.7 billion in cash at $14 per share.The US pharma company had outstanding debt of $8.6 billion at the end of 2025, annual sales of $6.2 billion and adjusted Ebitda of $1.9 billion (i.e., earnings before interest, taxes, depreciation and amortization). Its enterprise value of $11.75 billion, as widely reported, is the sum of its stock value and debt, less cash on hand.
24.04 / 00:31
markets UPS Provident Digital CEO reports Updates Ageas open to more India investment, eyes top-10 life insurer spot
Subscribe to enjoy similar stories.Belgium’s Ageas Insurance is prepared to invest additional capital in India to break into the country’s top 10 life insurers in the next three to four years, provided returns on equity remain favourable.“If the growth is there and the return on equity is good, we will be there with the capital,” Ageas Insurance’s global CEO Hans De Cuyper, who is in India, told Mint. “On the life (insurance) side, we have expressed the intention to become top 10.
21.04 / 02:05
markets UPS security community Justice Latin Investigations How a Brazilian prison gang became a global cocaine power
Subscribe to enjoy similar stories.SÃO PAULO—A Brazilian gang founded in the country’s violent prisons is fast becoming one of the world’s biggest criminal organizations, reshaping global cocaine flows from South America to Europe’s busiest ports and edging into the U.S.Long under Washington’s radar, the First Capital Command, known by its Portuguese initials PCC, started out as a disgruntled band of inmates fighting for soap and toilet paper in the 1990s.It now has some 40,000 members behind bars and on the streets with a vast network of affiliates—making it the largest criminal group in the Americas by some estimates, operating in nearly 30 countries on every continent except Antarctica.“The PCC has become a truly transnational group,” said Lincoln Gakiya, Brazil’s top PCC prosecutor, who has tracked its rise for two decades. “I believe it is now the fastest-growing criminal organization in the world.”With the scale of Italian organized criminal groups and the efficiency of a multinational corporation, the PCC has helped drive record cocaine seizures in Europe and sparked violent turf wars in the heart of major ports in Belgium and the Netherlands.Prosecutors and police in Brazil are calling on President Trump to label the PCC a Foreign Terrorist Organization, joining more than a dozen other Latin criminal networks.The PCC is organized crime at its most organized, prosecutors say.Unlike the narco-tycoons of Mexico, the heavily armed Colombian cocaine militias or the flashy drug lords of Rio de Janeiro’s Red Command gang, PCC members keep a low, businesslike profile, seeking fortune not fame—and shying away from the kinds of gratuitous violence that attract police and TV news crews.
28.03 / 14:53
markets Fighting Bill Updates How a Bill Gates-backed company landed in a fight between Congo and Belgium
Write to Alexandra Wexler at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
14.03 / 05:41
Provident Gap hospital patient guidelines Courts rights Mint Explainer | The gaps in India's withdrawal of life support protocols
The court waived the mandatory 30-day "reconsideration period," usually required by the 2023 guidelines, noting that the patient's family, medical boards, and the state were in unanimous agreement. Active euthanasia involves a deliberate act to end a patient's life, such as administering a lethal injection.
22.01 / 10:03
COST security President War Relationships Mint Explainer | How Trump’s Greenland gambit put Nato on the brink
Subscribe to enjoy similar stories. US President Donald Trump’s speech at Davos was meant to be a bellwether for the trans-Atlantic relationship, particularly Nato, with his handling of Greenland closely watched. After the speech, it appears Nato has survived, but barely.
23.12 / 07:33
UPS Provident CEO Analysis Software Enterprise Research HCLTech spends $400 million on acquisitions in a week as it bets on improving AI, data offerings
HCL Technologies Ltd announced acquisitions for $400 million in the past week, the most spent on such transactions in three years, to strengthen its AI and data offerings for customers increasingly adopting automation.India’s third-largest IT services company said on Monday that it would spend more than $240 million to buy Jaspersoft, a US data analytics company. That day, HCL also said it would buy Wobby BV, a Belgian startup that provides AI agents for data analysis purposes.The company’s acquisition spree started on 18 December, when it said it would purchase the Telco Solutions business of Hewlett Packard Enterprise for $160 million.
18.12 / 17:43
MET Fighting War Battlefield show Ukraine's Zelensky warns of dire battlefield if Europe doesn’t tap Russian assets
Subscribe to enjoy similar stories. BRUSSELS—Ukraine will be both forced to slash drone production and undermined in negotiations with Washington if European Union leaders fail to back a $105 billion loan to keep Kyiv fighting against Russia, President Volodymyr Zelensky said. The EU says Ukraine will run out of cash in the spring.
10.12 / 13:11
UPS Provident Booking War show country peace Using Russian assets to help Ukraine is looking like Europe’s least-bad option
Subscribe to enjoy similar stories. Ukraine is running out of money. Europe has a plan that would largely balance the books, win it a seat in the U.S.-led negotiations to end the war and equip Kyiv to seek better terms for peace.
03.04 / 18:39
Target FIVE Assurant security Remark President reports Marco Rubio tells NATO that US committed to alliance; says it must be ‘stronger’
Marco Rubio has assured NATO allies that Washington is committed to the alliance, despite concerns raised by President Donald Trump’s earlier remarks. Speaking at a NATO foreign ministers’ meeting in Brussels, Rubio said that the United States seeks a stronger and more capable NATO. Rubio, as per the reports, said that the US is as active in NATO as it has ever been. He dismissed alleged hysteria and hyperbole in the media over Trump’s stance on the alliance. Rubio said that Trump has made it clear that the US supports NATO and they will remain a part of the organisation. However, Rubio reiterated Trump’s call for NATO allies to shoulder more responsibility. He, as per the Euro News report, urged European nations and Canada to increase their defence spending to five per cent of GDP. This reportedly is double of the current two per cent target which several nations including Belgium, Italy, and Spain fail to meet. Also Read :Judge who sentenced Marine Le Pen now under police protection
03.04 / 00:53
UPS Manufacturing Gap Analysis IBM country electronic TCS, IBM, Applied Materials, KLA in race to modernize India’s state chip unit
Subscribe to enjoy similar stories. Plans to upgrade India’s lone state-owned chip fabrication unit have picked up pace, with the Centre meeting 35 companies last month in a bid to evaluate their roles in a potential deal that is worth ₹4,000 crore.
01.04 / 08:33
UPS Reuters trends show reports recommendations India's April-February finished steel imports up nearly 16% y/y, data shows
finished steel imports during the first 11 months of the financial year, which began in April, stood at 8.98 million metric tons, marking a 15.8% year-on-year increase, according to provisional government data reviewed by Reuters on Tuesday. India, the world's second-biggest crude steel producer, became a net importer in 2023/24, a trend that has continued with rising shipments from China, South Korea and Japan. Last month, India recommended a 12% temporary tax on certain steel products for 200 days, known as a safeguard duty, in an attempt to curb imports. South Korea was the biggest exporter of the alloy to India during April-February, with shipments reaching 2.6 million metric tons, up 7.1% year-on-year, the data showed. Finished steel imports from China totalled 2.4 million metric tons, down 5.3% year-on-year, while imports from Japan reached 1.9 million metric tons, marking a nearly 70% year-on-year increase, the data showed.
31.03 / 21:09
Digital Platform Netflix Sony film performer country One of Them Days: Netflix US release date, availability in other regions, theatrical and digital performance
Sony Pictures' One of Them Days will be available for streaming on Netflix in the United States earlier than expected. Originally predicted to arrive in May 2025, the release date has been moved up to March 31, 2025. Other regions will receive the movie later, following different distribution agreements.
31.03 / 07:01
security country prevention Traffic Investigations How NATO patrols the sea for suspected Russian sabotage
Subscribe to enjoy similar stories. ABOARD THE HNLMS LUYMES—Belgian Navy Commander Erik Kockx was patrolling the Baltic Sea recently when he got word that a ship on NATO’s watchlist was acting in a suspicious manner. After leaving a Russian port, it had slowed down while passing near a pipeline on the sea bottom.
25.03 / 02:49
Target security President War country Arsenal Trump prompts European calls for a homegrown nuclear umbrella
Subscribe to enjoy similar stories. PARIS—Two weeks after Russia’s large-scale invasion of Ukraine, French President Emmanuel Macron descended 20 stories beneath Paris to send a message to Moscow. He entered France’s nuclear bunker deep under his regal presidential palace to lead an exercise dubbed Poker.
19.03 / 14:07
Cooper Extreme security Strategy innovations prevention Colleges India-EU brainstorm on preventing & countering violent extremism
Raisina Dialogue. Opened by EU Ambassador to India Hervé Delphin, the workshop was organized in cooperation with the Embassy of the Netherlands.
18.03 / 05:55
Remark War Freedom country International Jaishankar on Kashmir: ‘When West interferes, it’s for freedom; others have malign intention’
S Jaishankar on Tuesday stressed the importance of having an international order just like a domestic order. He slammed the United Nations for making the Kashmir invasion a dispute and turning the attacker and victim at par and called for having a «strong and fair» UN. In his remarks at the Session on 'Thrones and Thorns: Defending the Integrity of Nations' at Raisina Dialogue on Tuesday, Jaishankar called the occupation of some parts of Kashmir by Pakistan «the longest standing illegal occupation» of territory by another country after the Second World War. Jaishankar said, «Let's give you a second example. We all speak of sovereignty and territorial integrity.
13.03 / 13:55
COST Citi Manufacturing Volkswagen Rheinmetall Interviews Europe’s idling factories eye future in the military
Subscribe to enjoy similar stories. Europe’s industrial production recovered at the start of a year that could see the beginnings of new investment and a new dawn for the beleaguered manufacturing sector. In the 20-member eurozone, industrial output was 0.8% higher in January than a month earlier.

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