Europe

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...


Latest News

Royal Dutch Shell to slash 10,000 jobs to trim costs
Royal Dutch Shell is slashing the headcount as part of the cost cutting exercise. Anglo-Dutch company has decided to cut down 10,000 jobs in the wake of continuous drop in oil prices. The global energ
Amazon Offers Full Refunds For Hoverboards, Continues Selling
Amazon, among retailers, has started offering full refunds for hoverboards in US and Canada ahead of growing concerns for reported fire incidences. CPSC is investigating two wheeler balance boards man
Norwegian's Megakopter Drone Set World Record of Lifting Heavy Cargo
A group of students in University of Oslo set a Guinness World Record by lifting a 134.5 pounds (61 kg) payloads with drone. The drone is a multi copter drone made of eight drones chained together.
Capital drains from emerging markets
Capital outflows from developing markets were higher than it was anticipated last year, according to a report by Institute of International Finance. The reason behind this oceanic change in emerging m
New visa requirements for European with dual nationalities to be introduced soon
The new regulation is being established initiated by the San Bernardino shooting in California that killed 14 people and left 22 wounded. It has drawn many concern and dismay among European citizens,
UK unemployment rate at 10-year low; earnings slow down
The jobless rate in the UK was recorded at 5.1 percent for the quarter ending November 2015. This showed the lowest jobless rate since October 2005. However, wage growth is slowing down in the UK indu
Tech Mahindra Manages $200 million For Investing In Startups Across The Globe
World Economic Forum (WEF) meeting is the perfect place to represent future business plans. Tech Mahindra, an Indian IT service provider, has been seeking opportunity to invest in startups since long.
Chinese Venture Capital Cocoon Networks Open a $700M Fund in London
Cocoon Networks, a Chinese-backed venture capital group is setting up a £500 ($700) million fund in London. The fund is aimed to invest in European tech startups.
Microsoft To Offer Voluntary Replacement of AC Power Cable For Surface Pro Tablets
The AC power cables linked to Microsoft’s Surface Pro tablets of selective three generations pose fire risks due to overheating. Though a limited number of overheating issues have been reported, Micro
Indian Rupee at 2-month high on rising outflows
The Indian currency Rupee against the US dollar rose to highest since November 2015 on increasing outflows from Indian stocks and bonds. The Chinese markets were witnessing selloff and this also resul
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