Europe

Ryanair Reports 34% Increase in Net Profit

Irish low-cost carrier Ryanair said that their net profit rose to $2.09 billion or 34%, making it its best-ever financial performance.


Tesla Offers Unofficial Discounts to European Leasing Companies Amid Price Cut Fallout

Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service...

UK to Put Up Office in San Francisco to Address AI Risks

The UK is intensifying its efforts to assess and address AI risks by opening a new office in San Francisco...

Slovak Media Fears Government Crackdown After PM Assassination Attempt

Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS...


Latest News

CVC say they are under no pressure to sell F1
Formula One's commercial rights holders CVC Capital Partners are under no pressure to sell their controlling stake in the sport and want to keep it, co-chairman Donald Mackenzie told Reuters on Saturd
Quartet of crises threatens Europe's core
Four great crises around Europe's fringes threaten to engulf the European Union, potentially setting the ambitious post-war unification project back by decades.
Bundesbank chief warns of Grexit damage to German budget: Handelsblatt
Bundesbank chief Jens Weidmann has warned Angela Merkel's cabinet that a Greek exit from the euro zone would rip billions of euros out of the German budget, German business daily Handelsblatt reported
Russia waits in wings as Greek debt crisis deepens
Russian President Vladimir Putin must be finding it hard to contain a wry smile as the European Union struggles with Greece's debt problems.
European bonds and stocks on the defensive before tight Greek vote
European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go eit
Airbus signs deal for China cabin-completion plant
Airbus (AIR.PA) signed an agreement on Thursday to set up its second plant on Chinese soil in a deal that the European planemaker hopes will lead to lucrative new plane orders.
Swedish crown slips on rate cut, dollar hits three-week high
The Swedish crown sank 1 percent on Thursday after Sweden's central bank surprised markets by cutting interest rates deeper into negative territory and saying it would pump more money into the economy
Dollar firms before payrolls, Greece unease simmers
The dollar was near a three-week high on Thursday and world stock markets had a delicate feel, as the implication of U.S. jobs data later for a possible Fed rate hike added to Europe's uncertainty ove
Markets on edge as Greece heads for default
Euro zone stocks and low-rated bonds recovered the worst of their losses on Tuesday but remained on edge as Greece looked set to default on a debt repayment to the IMF and plunge deeper into financial
Novartis buys pain drug firm Spinifex for $200 million upfront
Swiss drugmaker Novartis AG (NOVN.VX) boosted its presence in pain management on Monday by agreeing to buy U.S.-Australian biotech firm Spinifex Pharmaceuticals, the companies said in separate stateme
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