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Europe Business

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Nordic, Baltic nations plan offline card payments amid rising risks
Nordics, Estonia launching offline card payment in case Internet cut

HELSINKI, Finland: In response to rising geopolitical risks, Finland, Sweden, Norway, Denmark, and Estonia are preparing to roll out...

BMW expects US tariff cuts by July amid trade talks
BMW expects car tariffs to fall from July in upbeat take on trade war

FRANKFURT/LONDON: BMW is anticipating a reduction in U.S. car tariffs starting in July, based on ongoing discussions with U.S. officials,...

Greece: Media Freedom in Crisis
Greece: Media Freedom in Crisis

(Athens, May 8, 2025) - Greece faces a media freedom crisis as a result of actions and failures by the Greek government, threatening...

Could the euro replace the dollar as global reserve currency? It's not getting any less likely
Could the euro replace the dollar as global reserve currency? It's not getting any less likely

A global reserve currency is one that is extensively held by foreign Central Banks. Since the 1944 Bretton Woods agreement this position...

After India UK FTA, focus must be on local content to prevent entry of Chinese goods: Report
After India UK FTA, focus must be on local content to prevent entry of Chinese goods: Report

New Delhi [India], May 13 (ANI): As India and the United Kingdom successfully conclude their Free Trade Agreement (FTA), it has to...

EU extends sanctions, legal framework against cyberattacks
EU extends sanctions, legal framework against cyberattacks

Brussels [Belgium], May 13 (ANI/WAM): The European Council has decided to extend restrictive measures (sanctions) against cyberattacks...

International

Section
US measles cases top 1,000 in worst outbreak in five years
US measles cases surpass 1,000 for first time in 5 years

WASHINGTON, D.C.: The number of measles cases in the U.S. has gone over 1,000 for the first time in five years, according to federal...

US launches national security probe into aircraft and engine imports
US opens national security probe of imported commercial jets, engines

WASHINGTON, D.C.: The U.S. Commerce Department said it has started a national security investigation into the import of commercial...

Microsoft bans Chinese AI app Deepseek over data security fears
Microsoft denies its employees use of China's Deepseek

REDMOND, Washington: Microsoft has prohibited its employees from using Deepseek, a Chinese artificial intelligence app, citing concerns...

Bristol Myers, Sanofi to pay $700 million in Hawaii Plavix lawsuit
Drug firms to pay Hawaii $700 million to settle blood thinner lawsuit

HONOLULU, Hawaii: Pharmaceutical giants Bristol Myers Squibb and Sanofi have agreed to pay $700 million to Hawaii to settle a lawsuit...

FDA to roll out AI across all centers by June 30
US FDA centers to deploy AI internally, following experimental run

WASHINGTON, D.C.: The U.S. Food and Drug Administration (FDA) said this week it will start using artificial intelligence (AI) in all...

Appeals court reinstates Oceanografia fraud case against Citigroup
Citigroup faces revived fraud lawsuit over Mexican oil firm

NEW YORK CITY, New York: Citigroup must defend itself against a revived lawsuit accusing the bank of facilitating and concealing a...