EU To End All Russian Gas Imports By January 2028

The European Union has agreed to gradually end all Russian gas imports by January 1, 2028, as part of efforts to curb Moscow’s energy revenues used to finance its war in Ukraine. EU energy ministers meeting in Luxembourg on Monday approved the...

The horror of Spain’s ‘transfeminist’ summer camp

Over the past few weeks, Spain has been horrified by allegations of rampant sexual abuse at a kids’ summer camp. The camp’s adult staff have been accused of showering naked with children, cooking wearing nothing but aprons, and engaging in sexual...

Bank of Ireland hikes car finance mis-selling provision

The firm’s provision had previously been £143m. However, on Monday the lender - Ireland’s biggest - said that based on the Financial Conduct Authority’s proposed industry-wide redress scheme, it had increased that to around £350m. It attributed...

Safran invests €350 million in Moroccan industrial LEAP engine footprint scale-up, extensions

LEAP engine. Source | CFM International Safran Aircraft Engines (Paris, France) launched its new LEAP engine maintenance, repair and overhaul (MRO) shop on Oct. 13. This Casablanca, Morocco MRO facility, which was originally announced in October...

Kuwait PM receives Airbus delegation, European envoys, OECD team

His Highness the Prime Minister, Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah receives a delegation from Airbus and ambassadors of France, Germany, Spain, and the UK to Kuwait KUWAIT CITY, Oct 20: His Highness the Prime Minister, Sheikh Ahmad Abdullah...

Europe Must Address Its Disastrous Demographics

International institutions and think tanks have published detailed warnings about Europe’s demographic decline since the turn of the century, but to no avail. Political and business leaders have studiously avoided planning for population aging,...

EU Council asks European Commission to propose further measures to support Ukraine's energy security

The EU Foreign Affairs Council has asked the European Commission to develop additional measures to better support Ukraine's energy security, which is the target of Russian attacks. This was announced by the High Representative of the European...

Pacts with UK, EFTA to bring in $100bn investments: Piyush Goyal

Minister of Commerce and Industry Piyush Goyal on Sunday listed the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) which has now come into force, and his meeting with UK Prime Minister...

Angola’s €200mn water infrastructure project bags HSBC financing, ECA backing 

The Angolan government and HSBC have reached financial close on the €200mn water infrastructure ProÁgua project, which is set to modernise water supply systems and provide millions across the country with access to clean drinking water The loan...

Nord Stream sabotage: Defense says Ukrainian is safe only within Poland

Poland has refused to extradite Ukrainian citizen Volodymyr Zhuravlov to Germany under a European arrest warrant, but he may still face prosecution in other European countries. The law firm representing the Ukrainian citizen reported this to...

Europe midday: Bank, defence stocks in focus as Stoxx rallies

The pan-regional Stoxx 600 was up 0.59% to 569.56 at 1200 BST. Germany’s DAX was up 1.12%, while France’s CAC 40 fell sharply, giving up morning gains to be 0.02% lower. US lenders Zions and Western Alliance last week revealed exposure to bad...

US–UK Financial Giants Call For Fast-Track Regulatory Reform To Power Jobs, Growth And Innovation

The British American Finance Alliance (BAFA), a coalition of leading financial and professional services organisations from the UK and U.S., is urging governments on both sides of the Atlantic to accelerate regulatory cooperation — a move they say...

IKEA franchisee invests €720 mn to secure trees for its furniture

The largest IKEA franchisee is buying €720 million ($840 million) worth of forest land in Latvia and Estonia in its biggest such acquisition to ensure a well-managed source of sustainable raw material for its furniture. Ingka Investments, the...

Maccabi Tel Aviv turn down tickets for Villa match over safety concerns

Maccabi Tel Aviv have said they do not want any tickets for next month’s Europa League match away to Aston Villa over safety concerns for their fans. A decision taken by Birmingham’s Safety Advisory Group and West Midlands police not to allow...

How Frankfurt became the talent boutique where Europe’s elite go shopping

You probably haven’t heard of Markus Krösche but many of the Premier League clubs’ top officials certainly have. Krösche is Eintracht Frankfurt’s head of sport and one of European football’s toughest deal-makers, securing big fees for the club’s...

Austria backs stronger EU-level crypto oversight via Esma

Austria’s central bank governor has backed a greater supervisory role for the European Securities’ and Markets Authority in overseeing crypto markets — reaffirming his country’s position amid growing disagreement among EU member states. Martin...

Pizza Hut UK Faces Major Restructuring Amid Financial Turmoil

In a dramatic turn of events, Pizza Hut's UK dine-in operations have faced significant upheaval, leading to the closure of numerous restaurants and the loss of hundreds of jobs. In a significant development within the UK hospitality sector, Pizza...

UK Venture Funding Surges to Multi-Year High in Q3, HSBC Innovation Banking and Dealroom Report Finds

UK startups and scaleups secured $9billion in venture capital funding in the third quarter of 2025, the second-highest third-quarter total on record and the strongest since 2021. The findings, from a new analysis by HSBC Innovation Banking UK and...

Kuwait’s Ministry of Health goes hi-tech, investing in human assets

Minister of Health Dr. Ahmad Al-Awadhi visits a stall during the opening of the medical labs conference. KUWAIT CITY, Oct 20: The 7th Medical Laboratory Conference, organized by the Medical Laboratory Departments Council and the Medical Laboratory...

European funds drive expansion of Malta’s FNG Supplies

The Minister for European Funds, Stefan Zrinzo Azzopardi, together with the CEO of European Services in Malta (SEM), Rodrick Zerafa, visited the new facilities of FNG Supplies Co. Ltd in Rabat. FNG Supplies, one of Malta's main importers of fruit...