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

Drop in agriculture brings down Hungary economic growth in Q3 below forecast
Registering slowest growth rate during the past nine quarters, Hungary's economy growth rate was weakest during the third quarter ending September as agriculture production drop impacted the gross dom
Russia's two biggest airlines to combine; Aeroflot to buy Transaero for patriotism rather than profits
Aeroflot agreed to take over its closest competitor Transaero Airlines as the country's economic woes shake the industry. And to help support homegrown companies in the middle of a downturn, the gover
Pope Francis urges Catholics to put down technology at the dinner table
Pope Francis urged Catholics on Wednesday to avoid using smartphones and other technological devices at the dinner table. Mashable reported that Pope Francis told the audiences at the St. Peter's Squa
Beck's Beer Maker Formalized a $106 Billion Deal Acquisition of SABMiller
Anheuser-Busch (AB) InBev NV, maker of the world's most famous beer has achieved a formal agreement to buy SABMiller PLC in a $106 billion deal. However, the deal will face a long process to pass regu
The world’s first driverless bus will hit Switzerland roads in 2016
Swiss-based startup BestMile announced that it will begin on-road commercial trials of its autonomous bus system next year. The on-road trial will run for two years to test how well the vehicles oper
Maersk Buys $845 million of Africa Oil Corp. assets
AP Moeller-Maersk will buy $845 million worth of Africa Oil Corp.'s shares to revive a declining energy unit in the North Sea. According to Bloomberg Business, Maersk will buy the African oil company'
Markets upbeat on Monte Paschi bank's higher capital
The world's oldest bank Banca Monte dei Paschi di Siena SpA has announced encouraging levels of capital. The Italian banking major's common equity Tier-I ratio is up at 11.7 percent by the end of Sept
UK parents want to keep Santa Claus real; hits PayPal's holiday ad
PayPal received complaints from UK parents for taking away the magic of Christmas and the mystery that surrounds Santa Claus. Most kids still probably hold on to the magical belief that Santa delivers
Euro Group Meeting And Agreement To Fund Greece
As it has been going through all the year, the Euro group meeting will entirely be focused and dedicated to Greece only. Indeed, the Greek government expects to adopt all the remaining measures needed
Recovery in Greek economy likely in 2016; 2.7% GDP growth in 2017
The ongoing recession in Greek economy after long-lasting uncertainty is projected to end in 2016 and may witness real growth in 2017, according to European Commission (EC). The unsuccessful conclusio
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