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The Latest Breaking News from Europe

Cosmetics Maker Estee Lauder Reports Mixed Q3 Results; Cuts FY22 Outlook

Estee Lauder Companies Inc (NYSE:EL) reported third-quarter FY22 sales growth of 9.99% year-on-year to $4.25 billion, missing the consensus of $4.31 billion. Organic net sales increased 9%. Sales in the Americas increased 15% Y/Y, Europe, Middle East & Africa rose 17%, and Asia/Pacific fell 4%. Net sales from Skin Care rose 6%, Makeup…

Benzinga

IPG Photonics Tops Q1 Aided By Robust Demand For EV Applications

IPG Photonics Corp (NASDAQ:IPGP) reported first-quarter FY22 revenue growth of 7% year-on-year to $369.98 million, beating the consensus of $334.79 million. Materials processing sales accounted for 92% of total revenue and increased 7% Y/Y with higher sales in welding, marking, 3D printing, and cleaning applications. Sales into Other applications increased 9% Y/Y, driven…

Benzinga

European football chiefs ban Russian teams from international tournaments

European football supremos continued their crackdown on Russian teams on Tuesday with bans from the women's European championship, next season's men's Champions League and qualifying for the 2023 women's World Cup.

Radio France Internationale

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Slovakia, Hungary won't back EU sanctions on Russian energy

Slovakia and Hungary say they will not support sanctions against Russian energy that the European Union is preparing over the war in Ukraine

The Independent UK

Obesity behind 1.2 million deaths every year according to World Health Organisation

The UK ranks fourth across Europe for having the most overweight and obese adults

Daily Record

Obesity ‘epidemic’ leading to 1.2m deaths a year in Europe, says WHO

Health body issues stark warning as report finds disease causing 200,000 cancer cases a year in region

The Guardian - UK

Lear Q1 Earnings Top Estimates; Cuts FY22 Outlook

Lear Corp (NYSE:LEA) reported a first-quarter FY22 sales decline of 3% year-on-year to $5.21 billion, beating the consensus of $5.04 billion. Global vehicle production decreased 4% Y/Y, with North America down 2%, Europe shedding 18%, and China climbing 8%. Net sales from North America rose 9.3% Y/Y, Europe and Africa fell 13.8%, Asia…

Benzinga

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Hilton Hotels Reports Mixed Q1 Results; Q2, FY22 EPS Outlook Misses Consensus

Hilton Hotels Corp (NYSE:HLT) reported first-quarter FY22 sales growth of 96.9% year-on-year to $1.72 billion, missing the consensus of $1.76 billion. Franchise and licensing fees revenue rose 70.7% Y/Y, and the Owned and leased hotels revenue increased 167.8%. The occupancy rate for the quarter was 61.8% in the U.S., 47.9% in Europe, and…

Benzinga

Here's How PayPal Helped Trigger EU Antitrust Allegations Against Apple

PayPal Holdings, Inc (NASDAQ:PYPL) helped provoke a formal antitrust complaint against Apple Inc (NASDAQ:AAPL) and its iPhone payments system by raising concerns with the European Commission, Bloomberg reports. Tap-to-pay services rely on near-field communications. Apple allegedly only lets its payment system use the iPhone's NFC chip. Apple's act hampered PayPal, Block, Inc's (NYSE:SQ) Cash App, Samsung Electronics Co, Ltd (OTC:SSNLF),…

Benzinga

European transfer news: Man Utd's Ousmane Dembele offer plus Osimhen and Lukaku latest

Top players are making headlines across Europe ahead of the summer transfer window, with both Manchester United and Arsenal looking for more firepower in attack

Daily Mirror

Local elections 2022: Greens have answers where old parties are failing

This country is in crisis. Inflation sky-rocketing, more and more people having to rely on foodbanks or choose between heating their home and eating, millions of children in poverty. There is a horrific war in Europe, and the climate emergency is only getting more urgent.

Evening Standard

What lies beneath: Exploring Lake Lucerne by submarine

The Swiss Alps is the unlikely home of Europe’s newest deep-water adventure, finds Mike MacEacheran

The Independent UK

Covid pandemic fuels obesity epidemic as people shun exercise and eat fatty, sugary and salty food, says WHO

Obesity set to overtake smoking as main risk factor for preventable cancers in some countries, says World Health Organisation

Wales Online

Here's The Big Picture On Charging Infrastructure In Europe

Charge up Europe has released a comprehensive report on the charging infrastructure in Europe and we dive into the important details here.

InsideEVs

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The Independent UK

Obesity at ‘epidemic proportions’ in Europe, World Health Organisation warns

In 2019/20, there were just over one million hospital admissions in England where obesity was a factor, a 17% rise on 2018/19.

The Independent UK

What weapons does Ukraine have to fight Russia and does it have nuclear missiles?

Volodymyr Zelensky continues to urge Europe to send more military support

The Independent UK

Ukraine-Russia war: What is the Nord Stream 2 pipeline and how might the crisis impact it?

Lucrative natural gas pipeline running to Germany under Baltic Sea blocked by chancellor Olaf Scholz in response to Vladimir Putin’s aggression

The Guardian - UK

Citigroup says trader made error behind ‘flash crash’ in Europe

Inputting mistake led to suspension of trading on several markets after sudden steep falls

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Asharq Al-Awsat

Liverpool Thriving on Pressure of Quadruple Chase, Says Alexander-Arnold

Liverpool are thriving on the pressure of playing for an unprecedented quadruple and every game feels like a final now, defender Trent Alexander-Arnold said ahead of Tuesday's Champions League semi-final second leg at Villarreal. Liverpool hold a 2-0 lead from the first leg as they target a third final in…

Reuters

Russian strikes pound Ukraine on eve of new EU sanctions

Russian forces pounded targets in eastern Ukraine on Tuesday, unleashing rockets on a steel plant that is Ukraine's last redoubt in the port city of Mariupol as the European Union prepared to slap oil sanctions on Moscow.

Ballotpedia

Economy and Society: Academic pushback against SEC climate action

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Radio France Internationale

Qantas bets on Europe's Airbus for world's longest direct flights

Australia's Qantas Airways will fly non-stop from Sydney to London after ordering a dozen special A350-1000 Airbus jets, betting that fliers will pay a premium to save four hours on the popular route as travel rebounds after the Covid pandemic.

The Guardian - AU

Europe prepares fresh Russia sanctions as US warns Moscow plans to annex parts of east Ukraine

European Commission expected to propose sixth package of sanctions this week as hopes rise of more Mariupol evacuations

Tribune News Service

New startup airline offering fares as low as $149 from Fort Lauderdale and Orlando to Europe

A new Norway-based startup airline is offering flights from Orlando and Fort Lauderdale to Oslo this summer starting at $149 one-way.

Daily Record

How Celtic and Rangers coefficient contributions compare after Champions League group stage spot sealed

Fans have debated who has added more in recent years with their runs in Europe and it's close between the rivals.

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