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

Russia's GAZ in talks with foreign car makers to replace GM
Russian businessman Oleg Deripaska's GAZ Group is in talks with at least six foreign car producers to let them use its idle capacity after General Motors Co pulled out of the market, GAZ Chairman Sieg
EU extends trade and investment ban on Crimea
EU governments extended for a year a ban on trade and investment with Crimea on Friday, meaning European help for Russian Black Sea oil and gas exploration and visits by European cruise ships will rem
'Boring' banks a safe haven in a scary world
When fears of a Greek default are mounting, stock markets are jittery at multi-year highs, and the world's biggest economy is preparing to hike interest rates, the idea of taking refuge in bank stocks
Auctioneers eye $1 billion takings in London's summer art sales
With an Atlantic tailwind from May auctions in New York in which the two biggest auction houses sold more than $2 billion of art, eyes are focused on major sales beginning next week in London that may
Bayer to invest 4 billion euros in R&D this year: Bild
German drugs and chemicals group Bayer plans to invest 4 billion euros ($4.54 billion) in research and development this year, its chief executive told Germany's Bild newspaper.
Airbus steals show with last-minute $14 billion Wizz deal
Airbus (AIR.PA) won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a reco
Euro zone sets emergency summit on Greece as money flees
Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors re
Russia's Ulmart in talks with funds on private placement - co-owner
Russian Internet retailer Ulmart is in talks with several funds on a private placement of about 15 percent of its shares, hoping to raise at least $150 million this year, the company's chairman of the
Fed keeps lid on dollar, yields; Greece hurts stocks
Bond yields and the dollar fell on Thursday after the Federal Reserve signaled that U.S. interest rates would rise more slowly than markets had expected, while Greece's drift closer to default pushed
Boeing gets 747 boost as Russian firm signs up for more freighters
Boeing (BA.N) won breathing space for its struggling jumbo jet on Wednesday with a preliminary deal for 20 of its 747-8 freighters from Russian cargo airline Volga-Dnepr Group.
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