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

Despite growth in lending, UK mortgage approvals dive down
Contrary to economists' expectations, the number of approvals in UK mortgages suddenly dropped in September for the first time in the past four months. The mortgages rose significantly in August indic
UK factory output shrinks in Q3; exports drop
UK's performance in the third quarter further slowed down. The gross domestic product (GDP) growth rate in July-September quarter was at 0.6 percent lower than 0.7 percent in the previous quarter.
Airbus Expresses Interest To Hire Refugees In Germany
This week, a surprising airline news claims that Airbus has expressed its interest in hiring newly arrived refugees in Germany. According to Airbus CEO, Tom Enders the refugees could work in the airli
European Commission Rules Starbucks' and Fiat's Tax Deals with Dutch and Luxembourg Tax Authorities Illegal - Ordering Both Companies To Pay Millions of Euro in Back Taxes
The European Commission ruled on Wednesday that Starbucks Corp and Fiat Chrysler Automobiles benefited from illegal tax deals with the Dutch and Luxembourg authorities, sending shock waves to MNCs wh
Globo’s CEO and CFO resign amid falsification charges
Greek tech company Globo Plc said that its Chief Executive Officer Costis Papadimitrakopoulos and Chief Financial Officer Dimitris Gryparis have resigned after they disclosed falsified financial data
Mercedes Car Sales Create New Record in China
The Mercedes-Benz cars manufacturer Daimler had released its third quarter report for record sales and revenues. The car cited strong progress in Western Europe which is its biggest market, but its f
Sweden to cut spending, borrows more to accommodate overwhelming refugees
With the hordes of refugees crossing its borders, Sweden needs extra $7 billion in 2016 and $8.2 billion every year until 2019 to provide for the needs of the people seeking asylum in the country.
Unsuccessful Oil Exploration leds BP and Shell Billions of Profits Loss
It's yet not over for oil prices to go plunging as BP and Shell will report this week that billions of pounds were shelled off their profits as the aftermath of low oil price associated with explorati
UK firms put to shame for escaping minimum wage laws
The British government has publicly announced a list of 115 business firms that are not adhering the minimum wages act. As per the National Minimum Wages (NMW) norms, these companies together owe abou
Abbey Road Studios is entering the tech industry
The great Abbey Road Studios is entering into the tech industry as it wanted not only to act as a recording studio but also as a music technology incubator. The plan was revealed by the Universal Musi
Real Time Analytics