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Today: May 08, 2025
Today: May 08, 2025

Europe

Business|Economy|Europe

Volkswagen's Audi to cut 7,500 jobs in administration, development by 2029

Volkswagen's Audi will cut up to 7,500 jobs in Germany by 2029 in areas like administration and development, the premium carmaker said on Monday, the latest German auto industry

Volkswagen's Audi to cut 7,500 jobs in administration, development by 2029
Asia|Business|Economy|Europe|Finance

Allianz to sell 26% stakes in India joint ventures for $2.8 billion

The German insurer Allianz said on Monday that it was selling its 26% stake in two joint ventures with India's Bajaj Finserv to the Bajaj Group for around 2.6 billion euros ($2.84

Allianz to sell 26% stakes in India joint ventures for $2.8 billion
Business|Economy|Europe|Finance|Political|Stock Markets

European shares end higher on hopes of German reforms, Ukraine ceasefire

European shares closed higher for a second day on Monday, supported by energy and healthcare stocks, with the focus on Germany's debt reform plans and the

European shares end higher on hopes of German reforms, Ukraine ceasefire
Europe|Political|US|World

Radio Free Europe at risk after Trump cuts, EU searches for help

EU powers said on Monday they would try to save Radio Free Europe/Radio Liberty - the U.S.-funded news outlet set up to reach people under communism during the

Radio Free Europe at risk after Trump cuts, EU searches for help
Business|Economy|Europe|Finance|World

Russian central bank expected to keep key rate on hold amid uncertainty: Reuters poll

The Russian central bank will keep its benchmark interest rate on hold at a board meeting on March 21, all 29 analysts who took part in a Reuters poll predicted

Russian central bank expected to keep key rate on hold amid uncertainty: Reuters poll
Entertainment|Europe|Lifestyle|Travel|World

Crowds pack Dublin's streets for national St. Patrick's Day parade

Hundreds of thousands of people have packed the streets of Dublin to watch Ireland’s national St. Patrick’s Day parade

Crowds pack Dublin's streets for national St. Patrick's Day parade
Business|Economy|Europe|Technology

Safran offers remedies to win EU approval for Collins deal

French engine and aircraft equipment maker Safran has offered remedies in an attempt to secure EU antitrust approval for its $1.8 billion bid for Collins

Safran offers remedies to win EU approval for Collins deal
Crime|Europe|Health|Political|World

Crowds demand justice for 59 killed in North Macedonia nightclub fire

Sporadic violence broke out in North Macedonia on Monday as thousands of people demanded justice for 59 people killed in a nightclub blaze and called

Crowds demand justice for 59 killed in North Macedonia nightclub fire
Business|Economy|Europe|Political

EU to look at import limits for aluminium sector, draft document shows

Concerns that the Trump administration’s metals tariffs could divert a wave of aluminium to Europe have prompted the European Commission to consider possible curbs

EU to look at import limits for aluminium sector, draft document shows
Business|Economy|Europe|Technology

Stellantis invests $41 million in Italy to make EV engine parts

Automaker Stellantis is investing 38 million euros ($41 million) in its Verrone plant in Northern Italy to manufacture parts for electric engines for its upcoming small-size models,

Stellantis invests $41 million in Italy to make EV engine parts
Europe|Political|World

UK says a 'significant number' of nations ready to provide troops for Ukraine peace

A "significant number" of countries are willing to provide peacekeeping troops in Ukraine in the event of a peace deal with Russia, a spokesperson for British Prime Minister Keir

UK says a 'significant number' of nations ready to provide troops for Ukraine peace
Crime|Europe|Political|World

Lithuania blames Russia for IKEA arson, notes store logo matches Ukraine's colours

Lithuanian prosecutors accused Russia's military intelligence on Monday of orchestrating an arson attack on an IKEA store in Vilnius in May, and suggested it may

Lithuania blames Russia for IKEA arson, notes store logo matches Ukraine's colours
Business|Economy|Europe|Finance|Political|Stock Markets|US

Defence firm QinetiQ warns of US, UK contract award delays, shares fall

British defence and security company QinetiQ warned on Monday of delays in short-term contracts being awarded in the U.S. and UK, where new policies are being implemented after changes in

Defence firm QinetiQ warns of US, UK contract award delays, shares fall
Crime|Europe|Political|World

Georgia ex-President Mikheil Saakashvili's prison terms now total over 12 years after latest verdict

A court in Georgia has handed another prison sentence to imprisoned former President Mikheil Saakashvili

Georgia ex-President Mikheil Saakashvili's prison terms now total over 12 years after latest verdict
Europe|Sports

Soccer match in France postponed after fans throw flares and start fire in stands

Soccer match in France postponed after fans throw flares and start fire in stands

Soccer match in France postponed after fans throw flares and start fire in stands
Business|Europe|Sports

This small-town team in Sweden was a women’s soccer powerhouse. Then Europe’s big clubs took over

A transformation of women’s soccer in Europe is well under way

This small-town team in Sweden was a women’s soccer powerhouse. Then Europe’s big clubs took over
Crime|Europe|Political

Saakashvili, ex-president of Georgia, gets 4 1/2 years more in jail, Interpress reports

Former Georgian president Mikheil Saakashvili was sentenced on Monday to four-and-a-half more years in jail after being found guilty of illegally crossing the state border, Georgian

Saakashvili, ex-president of Georgia, gets 4 1/2 years more in jail, Interpress reports
Business|Economy|Europe|Finance|Political

OECD cuts UK growth forecasts as Reeves readies budget update

Britain's economy will grow more slowly than previously expected in 2025 and 2026 as global growth is hit by uncertainty, the OECD said on Monday, underscoring the challenge facing

OECD cuts UK growth forecasts as Reeves readies budget update
Europe|Political|US|World

Kremlin says Trump funding cut for Radio Free Europe is a US internal matter

A decision by U.S.

Kremlin says Trump funding cut for Radio Free Europe is a US internal matter
Business|Economy|Europe|Finance|Political

UBS keeps CEO Ermotti's pay in check amid regulation tussle

UBS CEO Sergio Ermotti's total pay was 14.9 million Swiss francs ($16.9 million) last year, with the bank keeping his remuneration in check as it navigates a tense

UBS keeps CEO Ermotti's pay in check amid regulation tussle
Business|Europe|Finance

UBS's auditor warns over bank's financial reporting controls

UBS's auditors have expressed an "adverse opinion" on the bank's internal controls over its financial reporting for 2024 after it

UBS's auditor warns over bank's financial reporting controls
Business|Economy|Europe|Finance

Rapid euro zone house market recovery raises affordability concerns, ECB says

The euro zone housing market has already recovered from its recent slump and prices are likely to rise further, challenging affordability in a potentially unhealthy development,

Rapid euro zone house market recovery raises affordability concerns, ECB says
Europe|Political|US|World

Trump says will speak with Putin on Tuesday to discuss ending Ukraine war

U.S.

Trump says will speak with Putin on Tuesday to discuss ending Ukraine war
Business|Europe|Fashion and Beauty

LVMH brand Loewe announces departure of creative director Jonathan Anderson

LVMH label Loewe said on Monday that creative director Jonathan Anderson was leaving the Spanish luxury house after 11 years in the role.

LVMH brand Loewe announces departure of creative director Jonathan Anderson
Americas|Business|Economy|Europe|Political

US-EU tariff clash imperils $9.5 trillion of business, AmCham warns

The U.S.-European tariff conflict is jeopardising transatlantic business worth $9.5 trillion annually, the American Chamber of Commerce to the EU warned on

US-EU tariff clash imperils $9.5 trillion of business, AmCham warns
Europe|Political|US|World

Watch tense Oval Office argument between Zelensky, Trump and Vance

President Donald Trump’s Oval Office meeting with Ukraine’s President Volodymyr Zelensky devolved into a shouting match, with the US president telling Ukraine’s leader “make a deal or we’re out” during an angry exchange about the nature of US support, and whether Zelensky had demonstrated enough gratitude.

Watch tense Oval Office argument between Zelensky, Trump and Vance