The extent to which Europe can import enough gas next winter largely depends on developments in China. CEO said this in an explanation of the quarterly figures. But, at the same time, he warned that it is still totally unpredictable how secure the energy supply to European countries will be. […]
Europe
In the future, consumers should be more reassured that no forests have been lost anywhere in the world for the products they buy. That is the aim of a law against deforestation that the European Parliament approved in Strasbourg on Wednesday. 420 million hectares, an area larger than the European […]
Former Italian Prime Minister Silvio Berlusconi has been released from intensive care after 12 days, but he must remain in the hospital for now, Ansa news agency reported on Sunday. The 86-year-old Italian was hospitalized earlier this month for a lung infection caused by chronic leukaemia, a condition that had […]
The four unions at the French railway company SNCF have called for “a day of anger” next Thursday. They announced this on Saturday in response to the official announcement of the controversial pension reform. “The nightly promulgation of the law does not change our fight. We will not proceed until […]
Researchers have discovered human hair on which traces of drugs were found at a cemetery in Menorca, Spain. This is the conclusion of a new study published in Scientific Reports. The hair was found in the Es Càrritx cave, containing 200 human graves. The cave would have been used as […]
The Swiss government will conduct an in-depth investigation into the crisis that led to the collapse of the major bank Credit Suisse. The government promised this to the Swiss parliament on Thursday. The larger Swiss industry peer UBS eventually bailed out Credit Suisse. The Credit Suisse crisis and the bailout […]
Swiss banking group UBS will reduce its workforce by 20 to 30 percent after acquiring its troubled industry peer Credit Suisse. This means 36,000 jobs will be cut worldwide, reports the Swiss newspaper SonntagsZeitung. The newspaper bases itself on statements made by a manager at the bank. In Switzerland, 11,000 […]
Airline Transavia still flies to Israel despite a general strike in that country. As a result, no flights departing from Tel Aviv airport. But as it looks now, planes can land there, says Transavia. The low-cost carrier has two flights planned from Schiphol to Tel Aviv. Transavia is closely monitoring […]
The reconstruction of Ukraine after the Russian invasion will probably cost about 411 billion dollars, about 380 billion euros. That is 2.5 times the total economy of the country. The World Bank, the United Nations, the European Commission and Ukraine itself released that calculation on Wednesday. The damage has increased […]
According to the Financial Times, Swiss bank UBS has offered to buy troubled Credit Suisse for up to $1 billion. However, Credit Suisse believes the offer is far too low; sources told Bloomberg. The Swiss authorities are therefore planning to change laws to circumvent the vote of the shareholders on […]
