Economy
Industry Loses 5.3% of Its Workforce in One Year
Latest data from the Croatian Bureau of Statistics reveals a dramatic decline in industrial employment, with clothing manufacturing losing nearly a third of its workforce.
Economy
German Auto Industry in Crisis: BMW's Profit Drops 35%, 8,000 Jobs Cut, Mercedes, VW, and Audi Also in Steep Decline
Latest quarterly results reveal a deep crisis for all German automotive giants: the Chinese market is slipping away, tariffs and geopolitics pose threats, and large-scale layoff programs become the norm.
Auto
New Mercedes GLA arrives as a hybrid and electric model with a range of up to 657 km
The third generation of the compact crossover brings larger dimensions, advanced technology, and three electric variants, with orders in Germany starting this week.
Auto
BMW cuts 8,000 jobs and entrusts car's 'brain' to Qualcomm
German automaker launches the largest voluntary departure program in its history while signing a ten-year deal with the American giant for key computing systems. Porsche moves in a similar direction, eliminating a total of 9,000 jobs.
AI
IT Entrepreneur in New York: AI Has Demoted Developer Rock Star Status and Completely Transformed Programming
Tomislav Tipurić, owner of Nephos, argues the cycle from the 1990s is repeating, education becomes key, and developers who only write code are losing ground to AI tools.
Real Estate
BMW's Double Challenge: Recall of 744,000 Vehicles and Elimination of 8,000 Jobs
Real Estate
BMW Launches Voluntary Severance Program for Up to 8,000 Employees
Gaming
Former Rovio Employee Launches Gaming Studio in Rijeka with International Team
Economy
Atlantic Grupa Raises 2026 Forecast After 10.6% Revenue Growth
Science
SpaceX Launches Starship on 13th Test Flight with First Starlink Satellites
The spacecraft successfully launched from Texas on July 24, 2026, and for the first time carried 20 upgraded Starlink satellites into orbit, but the company's shares continue to suffer due to commercialization risks.
Economy
VW CEO Blume: Closing a Factory Is Always the Last Resort
Volkswagen CEO announces deep transformation of the group, but rejects plant closures as a primary option. The Osnabrück plant could be repurposed for the defense industry.
Economy
Hensoldt creates 900 jobs in new €300 million plant
German military technology manufacturer invests in Oberkochen while other sectors close factories. The new 40,000-square-meter complex will combine development, production, and service of optical systems.
World
Putin visits aircraft factory in Irkutsk and inspects MS-21
Russian president personally toured the Irkutsk Aircraft Plant where the MS-21 passenger aircraft is being produced, which Russia manufactures exclusively from domestic components in response to Western sanctions.
Economy
Japanese toilet and seasoning companies become key players in AI industry
Toto, Nittobo and Ajinomoto don't make AI chips, but without their specialized materials, modern artificial intelligence couldn't function. Investors increasingly recognize them as hidden winners of the AI revolution.
Economy
SK Group Chairman Ordered to Pay 944 Billion Won in 'Divorce of the Century'
Seoul High Court awarded billionaire Chey Tae-won's ex-wife approximately $640 million, lower than a previous overturned ruling.
WAR IN UKRAINE
Russia Deliberately Targeted Drone Exhibition Near Kyiv, Zelensky Announces Drones with 10,000 km Range
At least 10 killed, around 100 injured in missile strike on drone exhibition. Moscow claims target was operators and manufacturers of drones used to attack Russian territory. Zelensky reveals plans for largest drone deal with US in interview.
Gaming
Sony's Disc Phase-Out Was Inevitable: Physical Sales Down 87% Since 2009
New data from analytics firm Circana reveals a dramatic decline in physical game sales in the US, which for years foreshadowed Sony's decision to stop selling discs in 2028.
Economy
Patreon Lays Off 20% of Workforce: 'AI Doesn't Replace People, But It Changes How Business Works'
CEO Jack Conte told employees that the company is not cutting jobs to replace people with AI, but to adapt to fundamental changes in the tech industry.
MISSILE STRIKE
Russia Strikes Weapons Exhibition Near Kyiv With Missiles, Killing Six
A rare daytime attack using hypersonic Zircon missiles and ballistic projectiles struck a gathering of Ukrainian defense industry representatives. President Zelensky confirmed six dead and dozens wounded.
Politics
Navantia, Uljanik and Nortes Blue Sign Agreement for Croatian Navy Corvettes
Spanish company and Croatian partners join forces for a project worth 1.6 billion euros. Ministry of Defense to make final decision by year-end.