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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,...

Court rules on von der Leyens missing Covid vaccine texts
Court rules on von der Leyens missing Covid vaccine texts

The European Commission acted improperly by refusing to release communications with Pfizer to the media, the ruling states The European...

Court rules on von der Leyens secret Covid vaccine deal messages
Court rules on von der Leyens secret Covid vaccine deal messages

The European Commission acted improperly by refusing to release communications with Pfizer to the media, the ruling states The European...

Essential Foods Become Costlier for Bulgarians Amid Inflation
Essential Foods Become Costlier for Bulgarians Amid Inflation

The cost of essential foods in Bulgaria has risen by nearly 11% over the past year, as reported by the Commission on Commodity Exchanges...

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...

International

Section
Poland tells Russia to close consulate in Krakow over fire allegations
Poland orders Russia to shut consulate in Krakow, citing arson attack

WARSAW, Poland: Poland has ordered Russia to shut down its consulate in Krakow following allegations that Moscow was involved in a...

Equinor may scrap $2.5 billion Empire Wind project over US delays
Offshore wind project for New York may be abandoned

NEW YORK CITY, New York: Norwegian energy company Equinor is on the brink of terminating its US$2.5 billion Empire Wind project in...

Trump reopens protected Cape Cod waters to fishing
Trump allows commercial fishing in New England marine monument

WASHINGTON, D.C.: On May 9, U.S. President Donald Trump signed an order to reopen nearly 5,000 square miles of protected ocean near...

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...