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The Latest Breaking News from Europe

Global bond rout deepens as Iran war drags on and underscores inflation fears

Global bond markets are experiencing significant losses as rising energy prices, fueled by the Iran conflict, ignite inflation fears. Investors now anticipate central banks worldwide, including the US Federal Reserve and European Central Bank, to hike interest rates. Japan's government debt issuance further strains finances, pushing JGB yields to record…

The Economic Times

Kremlin Threatens UK With 'Nuclear Ultimatum' as Moscow Names 4 British Cities as Targets

Russia has named UK cities as potential nuclear targets, escalating tensions over Western support for Ukraine. Kremlin broadcaster warns of a possible nuclear ultimatum from Putin.

International Business Times

Ford Is Launching Seven New Vehicles In Europe

From a small electric car to a Ranger Super Duty.

Motor1

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The AI boom is pulling Europe’s hottest startups to the U.S.—whether they planned to move or not

Creadum partner Carl Fritjofsson says European AI startups are increasingly pulled toward U.S. customers and investors, despite Europe’s deep bench of technical talent.

Fortune

Ryanair profits surge 40% to €2.26 billion despite Boeing delays and fuel crisis

Europe’s largest low-cost airline posted record annual profits as rising fares and sustained travel demand helped offset aircraft delivery delays and mounting uncertainty in global fuel markets due to the Iran war.

Euronews

Meloni urges EU to treat energy crisis like defence emergency, relax fiscal rules

Meloni calls for greater budget flexibility to tackle rising energy costs, warning Italy could exit the SAFE defence programme, in a new letter sent to the European Commission.

Euronews

Ford resets its European car and van business with new rally-bred line-up

Ford fights back at Chinese car makers with rebooted ‘multi-energy’ van and car line-up

The Independent UK

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Weather tracker: Europe braces for swing from Arctic chill to extreme heat

Temperatures in France and England could rise by 15C, while hot air could to give way to snow in parts of US

The Guardian - UK

In 1831, a man digging into a Scottish sandbank found carved ivory figures that rewrote medieval history

In 1831, a man on the Isle of Lewis unearthed the remarkable Lewis Chessmen, carved from walrus ivory. These pieces reveal a sophisticated medieval global economy, with Norse traders facilitating a centuries-long supply chain from Greenland's Arctic resources to elite markets across Europe, showcasing early forms of luxury branding and…

The Economic Times

German 10-year bond yield stays at 15-year high amid global bond rout

Global bond markets are experiencing a selloff. Investors are concerned about rising energy prices due to the Middle East conflict. This could fuel inflation and lead to further interest rate hikes. German 10-year bond yields have reached a 15-year high. Italian 10-year yields are also up. European Central Bank head…

The Economic Times

Why European households throw away so much food – and how to curb the waste mountain

Europe is wasting huge amounts of food while millions of people globally experience hunger. Wars in Ukraine and the Middle East have squeezed supply chains. The cost of living crisis has pushed many families to the edge.

The Conversation

Europe's poverty divide: Which cities and regions are most and least at risk?

The share of people at risk of poverty or social exclusion in Europe varies not only across countries but also across capital cities and regions. Euronews Business takes a closer look at these gaps.

Euronews

Flight ticket fares to remain low in June-July but Europe's largest airline Ryanair warns about fuel shortage

Ryanair's suppliers this week said there would be no disruption between now and mid-July, Group ⁠Chief Executive Michael O'Leary said in a video presentation.

The Economic Times

Short-haul trips are on the rise for European summer holidays – here’s where to book now

Euronews

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The Guardian - UK

Angela Merkel says Europe ‘not making sufficient use of diplomatic potential’ to engage with Russia – as it happened

The former German chancellor added that diplomacy alongside military deterrence is crucial when dealing with Russia.

Euronews

Watch: Brussels & European capitals—how New Delhi is leveraging a two-tier strategy in Europe

India's Prime Minister is launching a massive diplomatic offensive across Europe. If we follow Modi's itinerary day by day, the calendar reveals exactly what is at stake.

The Independent UK

UK holidaymakers face airport chaos over new European border rules

IN FULL

Times Pets

10 Giant Birds That Are Bigger Than Humans

When most people think of birds, they imagine tiny sparrows, colourful parrots, or pigeons sitting quietly on rooftops. But nature has another side that feels almost unreal. There are birds on Earth so massive, so powerful, and so tall that standing beside them feels like standing next to a dinosaur.…

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Euronews

Europe Today: Sánchez dealt blow in Andalusia elections — what now for Spain and Brussels?

Pedro Sánchez is facing fresh political pressure after his Socialist Party lost regional elections in Andalusia. The result is being closely watched in Madrid and Brussels, with the conservative People’s Party expected to rely on far-right support to govern.

Euronews

Is EU legislation protecting you from AI deepfakes? Ask the Euronews AI chatbot

The European Parliament and Council ban “nudification apps”. Under the Digital Omnibus on AI, Europe prohibits systems that generate intimate images of people without prior consent. But how is the EU regulating AI deepfakes? Ask the Euronews AI chatbot.

The Economic Times

Iran war saddles global companies with $25 billion bill and counting

Global companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil prices and disrupted supply chains. This conflict has already cost businesses billions, with more impacts expected. Airlines and automakers are among those warning of profit reductions. The situation is affecting industries…

Euronews

EU households could save ‘more than €2,200’ every year by switching to heat pumps and EVs

Electrification is the “most powerful tool” to protect Europeans from fossil fuel energy shocks, according to a new analysis.

The Independent UK

This Lower Danube cruise reveals one of Europe’s most fascinating – and underrated – routes

On a voyage from Romania to Hungary, Sandy Cadiz-Smith delves into the region’s complex history

MyLifeXP

Why Global Tech Giants Are Suddenly Choosing India

For years, countries competed to attract global companies. Now, India is speaking differently. During his visit to The Hague, Narendra Modi made a bold statement in front of top Dutch CEOs: “No country in the world can match India’s speed.” It was not just a political line. It was a…

The Economic Times

No, the Iran war won’t ground your European holiday flight

A commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears over jet fuel shortages. Jet fuel prices had surged after the conflict escalated but have since fallen around 30%, prompting some airlines to reduce fuel surcharges.

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