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

Tata Steel bonds at record low as S&P downgrades
Standard & Poor's (S&P) has downgraded credit rating of Tata Steel's bonds. S&P cited reasons such as the poor operating performance and high leverage at Tata Steel for downgrading. Indian steel indus
High employment rate propels German GDP
Record high employment rate and domestic spending propelled German GDP rate by 1.7 percent in 2015, according to the German authorities' calculation.
Britain Interest Rate Hike Will Be Shocking but Seems Inevitable
Bank of England has been keeping its interest rates at the lowest point at 0.5% since March 2009. However, some signals of the interest rate upsurge will be a shock to some people in Britain.
Brent Crude plunges below $30, Lowest Since 2004
Brent oil prices fell on Wednesday, dropping below $30 a barrel to touch $29.96 for the first time since April 2, 2004.
Sainsbury holiday sales meet forecast on non-food revenues
UK's second largest retailer J Sainsbury Plc registered revenues for the third quarter as per the forecasts. The total retail sales of Sainsbury were up 0.8 percent excluding fuel and were down 0.7 pe
UN needs $500-mln fund requirement for Syrian children education
The United Nations (UN) has received funding of $250million and needs additional $500 million for education programs for over one million Syrian children. Gordon Brown, the former UK Prime Minister an
AirMule Drone Ambulance Successfully Made Its Test Flight
Israeli's Tactical Robotics Ltd. has successfully conducted another test flight for AirMule Unmanned Aerial Vehicle (UAV) last month. The drone is designed for search and rescue operation in an area
2016 may be tough for UK manufacturers as confidence eases
The weakening business confidence coupled with global economic challenges is impacting the UK manufacturing sector in more negative way. Despite odds forecast for 2016, majority of manufacturing firms
Amazon.com to Acquire Colis Privé, Competing with FedEx, DHL and UPS
Amazon.com expand its business to delivery service. The company will fully acquire French delivery company, Colis Privé. This acquisition will put Amazon head-to-head with FedEx, DHL and UPS.
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