By Foo Yun Chee BRUSSELS, May 27 (Reuters) – European leaders are divided over how far to go to rein in Big Tech, as they weigh momentous decisions about giving EU companies preferential access to mobile satellite spectrum and limiting big multinationals’ access to EU cloud tenders. On Tuesday, Reuters reported that Brussels was likely…
Nestlé has begun implementing job cuts in Europe as part of the 16,000 job cuts announced by CEO Philipp Navratil in October. The Swiss-based group, the world’s largest food and drink manufacturer, has confirmed planned job cuts in the UK and France with Just food but it has not yet clarified the figures reported by…
Accelerated refinery closures over the past decade and increased dependence on kerosene from the Middle East have once again exposed the vulnerability of Europe’s energy supply. For years, European consumers have had to deal with last-minute strikes by ground staff and cabin crew during the peak summer travel season. This year, the strikes may be…
Europe’s gasoline exports have increasingly begun to shift toward Asia in recent weeks as the crude supply shock in the Middle East is tightening Asian fuel supplies. Europe typically sends most of the gasoline it exports to the United States, West Africa and South America. But in these unusual times of the biggest ever disruption…
By Robert Harvey and Georgina McCartney LONDON/HOUSTON (Reuters) – If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you may have to pay a record price for it. Rising oil prices in physical markets – where oil is traded on ships, rail cars or in storage…
The automotive sector is a dynamic industry, shaped by digitalisation, innovation and evolving regulations. However, there is one problem that remains persistently difficult and has become even more acute since the COVID-19 pandemic: the driver shortage. At Busworld Europe 2025, industry stakeholders emphasized the urgency of overcoming this challenge and showcased a range of solutions,…
Amerplast Group has closed a new financing agreement with HIG Bayside Capital Europe, the capital solutions subsidiary of HIG Capital. The agreement involves a five-year unit loan, intended to refinance the group’s current debt commitments. Amerplast manufactures flexible packaging for sectors such as food and beverage, hygiene, bakery, retail and industry. With operational bases in…
The shortest derbies in Europe 🤝 This Sunday afternoon, the Parisian derby made its big return in Ligue 1! In fact, Paris Saint-Germain won XX against Paris FC on matchday 17. A historic match as it is the “shortest” derby in the world. In fact, the Parc des Princes and the Jean Bouin stadium, home…
Europe’s crypto scene is heating up. | Credit: Getty Images. Key takeaways AMINA Bank has obtained MiCA approval to offer crypto services to its professional clients. MiCA-compatible crypto exchanges are expected to record over $2.3 trillion in trading volumes this year. European crypto companies have until July 2026 to obtain MiCA licenses. A multinational digital…
As the day wore on in the United States, stock markets had a mixed ending. This happened because people were feeling less confident about spending and there were also concerns about problems in the Middle East, even though the big US banks had some good news about their profits. US Stock Market Overview The big…
