Europe

Goldman Sachs Removes Bonus Cap for UK Bankers

After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.


US Accuses Russia of Quietly Shipping Refined Petroleum to North Korea at Levels Violating UN Cap

The US has revealed that Russia has been discreetly supplying refined petroleum to North Korea at levels that seem to exceed UN Security Council limits...

Uber Sued by London Black Cab Drivers for £250 Million Over Taxi Booking Rules

Uber is facing a multi-million-pound lawsuit filed by nearly 11,000 black cab drivers in London, England...

Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology

The administration of President Joe Biden has announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine..


Latest News

US Buys More Than 80 Soviet-Era Aircraft From Russia's Ally for Around $20,000 Each
The United States (US) reportedly acquired 81 obsolete Soviet-era combat aircraft from Russia's previous ally, Kazakhstan.
France's Air Traffic Controllers' Strike Sparks Over 300 Flight Cancellations Amid Travel Chaos
Airline passengers experienced a day of travel chaos as numerous flights were canceled due to concerns about potential worker walkouts in France.
Norway Airspace Shuts Down for Several Hours Following Technical Glitch
A technical malfunction in Norway resulted in the temporary shutdown of airspace over the country's southern region, causing significant disruptions at Oslo Airport.
Hugo Boss Is Finally Leaving Russia After the German Fashion House Agrees to Sell Russian Business to Stockmann
German fashion house Hugo Boss announced Wednesday that it had agreed to sell its Russian operations to wholesale partner Stockmann, marking the end of its presence in Russia.
TikTok Voluntarily Suspends New App's Task and Reward Program After EU Regulators Express Concern Over Addictive Effects Among Young Users
TikTok plans to take down a feature that incentivizes app users in France and Spain to watch videos, following regulatory scrutiny from the European Commission.
Top BBC News Anchor Resigns on Medical Advice 9 Months After Scandal Involving Sexually Explicit Photos with Teenager
Huw Edwards had been the BBC's leading presenter throughout major events such as Queen Elizabeth II's death and funeral, but was suspended in July 2023 after charges surfaced.
Russia's Surprising Economic Strength to Last Another 18 Months Despite Western Sanctions and Ukraine War, Think Tank Says
A Washington DC-based think tank said Russia will maintain its economic strength for another 18 months despite facing various challenges amid its war with Ukraine.
Russia Reportedly Jammed GPS of Over 46,000 Aircraft, Disrupting Flights to and From Europe
Suspected Russian jamming of GPS systems has disrupted thousands of flights over the Baltic Sea, affecting over 46,000 aircraft, prompting safety concerns among airlines like Ryanair, Wizz Air, Britis
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.
Russia Warns of More Damage and Deaths After US Approves $61 Billion Military Aid Package for Ukraine
The US House of Representatives' approval of a $61 billion military aid package for Ukraine has garnered mixed reactions internationally, including a warning from Russia.
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