Europe

Spain, France Arrest 5 Members of Chinese Money Laundering Gang That Smuggle Over One Million Euros a Day

Spain, France Arrest 5 Members of Chinese Money Laundering Gang That Smuggle Over 1 Million Euros a Day

French and Spanish authorities have arrested five members of a suspected Chinese money laundering network in Spain this week.


Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million

Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.

Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions

Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.

UK: Nurses Express Heartbreak as Hospital Patients Die Alone Amid Staff Shortages

Nurses in the UK express profound distress and heartbreak over hospital patients being left to die alone amidst shocking staff shortages, highlighting compromised care standards where survival is now the benchmark.


Latest News

EU Antitrust Regulators to Scrutinize Microsoft’s $13B OpenAI Investment Over Cloud Exclusivity
More than a week after cyberattacks forced CDK Global to shut down its systems, disrupting operations for thousands of car dealerships, the software provider is in the process of restoring its applications.
London Police Officer Charged After Stealing Money From Dead Man
A Metropolitan Police officer has been charged after allegedly stealing money from a dead man in north London.
Italy's Campari Faces Investigation Over Alleged Tax Evasion
Italian prosecutors have initiated an investigation against Italian drinks group Campari over unpaid taxes amounting to over $1 billion since 2018.
China, EU Agree to Hold Talks on Planned EV Tariffs Amid Ongoing Tensions
China and the European Union (EU) have agreed to negotiate on proposed tariffs on Chinese EVs amid ongoing tensions.
After Vladimir Putin Meets Xi Jinping, Russia and China Establish Payment Alternatives to Evade US Sanctions for Now
Russia's President Vladimir Putin's visit to China last month reportedly secured alternative payment methods for the two nations.
Russian Hackers Demand $50 Million Ransom After NHS Hospital Cyberattack
Following a cyberattack on Synnovis that disrupted NHS hospitals, Russian hacker group Qilin has demanded a $50 million ransom while threatening to release stolen data obtained during the breach.
Italy Arrests Russian Businessman Accused of Helping Son of Putin Ally Escape From House Arrest
Italian authorities have arrested a Russian businessman accused of assisting the son of a Putin ally in escaping house arrest in Italy.
Germany Urges China to Make 'Serious' Move on Issue of EV Tariffs
Germany is urging China to take decisive steps regarding tariffs on imported electric vehicles (EVs).
Starbucks, Coca-Cola Seek Trademark Renewal in Russia
Coca-Cola and Starbucks have sought to re-register their trademarks in Russia to protect their intellectual property rights.
Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.
Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.
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