Why Italy and Switzerland just shifted their shared border

Why Italy and Switzerland just shifted their shared border

Part of the border between Italy and Switzerland is set to be redrawn as the glaciers that mark the boundary melt, in yet another sign of how much humans are changing the world by burning planet-heating fossil fuels. The two countries have agreed to change the border under the iconic Matterhorn Peak, one of the … Read more

European markets: stocks, news and data

European markets: stocks, news and data

Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets rose to a fresh record high Friday, tracking gains in China on news of a stimulus blitz, while investors also assessed fresh inflation data. The pan-European Stoxx 600 traded 0.3% higher at 527.03 points at 12:12 p.m. London time, paring earlier gains after notching … Read more

Commerzbank and UniCredit set to meet as takeover prospect looms

Commerzbank and UniCredit set to meet as takeover prospect looms

A Commerzbank AG bank branch, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Krisztian Bocsi | Bloomberg | Getty Images Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover after its Italian counterpart unexpectedly increased its stake earlier this month. … Read more

Big Tech’s New Adversaries in Europe

Big Tech’s New Adversaries in Europe

If the past five years of EU tech rules could take human form, they would embody Thierry Breton. The bombastic commissioner, with his swoop of white hair, became the public face of Brussels’ irritation with American tech giants, touring Silicon Valley last summer to personally remind the industry of looming regulatory deadlines. Combative and outspoken, … Read more

Pictures show floods ravaging Central and Eastern Europe as death toll rises

Pictures show floods ravaging Central and Eastern Europe as death toll rises

Floods brought on by days of heavy rainfalls have been ravaging countries including Poland, Romania, the Czech Republic and Austria, with thousands of people being evacuated as the death toll rises. Austrian Chancellor Karl Nehammer on Monday said in a post on social media platform X, that was translated by CNBC, that two more people … Read more

Ceat commissions new line at Chennai plant to produce truck, bus radial tyres

Ceat commissions new line at Chennai plant to produce truck, bus radial tyres

New Delhi, Tyre maker Ceat on Wednesday said it has commissioned a new line for rolling out truck and bus radials at its Chennai-based manufacturing plant. The new line will progressively reach a production capacity of 1,500 tyres daily over the next 12 months and marks a significant milestone in the company’s drive to expand … Read more

Maruti Suzuki exports: Maruti Suzuki India to export EVs to Europe, Japan soon

Maruti Suzuki exports: Maruti Suzuki India to export EVs to Europe, Japan soon

Maruti Suzuki is planning to export electric vehicles (EVs) from India to markets in Europe and Japan, reported PTI citing MD and CEO Hisashi Takeuchi on Tuesday. He said that the automaker will have a high-specification EV with a high-range of 500 km and would be powered by a 60 Kilowatt-hour battery. The remarks came … Read more

Apple Must Pay $14.4 Billion to Ireland in Crackdown On ‘Sweetheart Deals’

Apple Must Pay .4 Billion to Ireland in Crackdown On ‘Sweetheart Deals’

Apple has been ordered to pay €13 billion ($14.4bn) of unpaid taxes to the Irish state, in a court ruling that ended a decade-long fight between Europe and the big tech company. In a judgment handed down on Tuesday, the European Court of Justice (ECJ) agreed with a European Commission ruling in 2016, which found … Read more

Once the envy of the world, Germany’s car brands now weigh heavily on its struggling economy

Once the envy of the world, Germany’s car brands now weigh heavily on its struggling economy

Various vehicles and special parts are displayed at Mercedes-Benz Museum, an automobile museum, welcoming its visitors in Stuttgart, Germany on June 28, 2024.. Gokhan Balci | Anadolu | Getty Images Germany’s car industry was once recognized around the world for its high-quality, innovative combustion engine cars. Owning a German car was a luxury and status … Read more

Man accused of plotting wife’s rape by at least 50 strangers over almost 10 years in French trial

Man accused of plotting wife’s rape by at least 50 strangers over almost 10 years in French trial

A man is on trial accused of repeatedly drugging and raping his wife, as well as encouraging dozens of other men to rape her in their home while she was unconscious, court documents show. The alleged victim, Gisèle, 72, appeared in a courtroom in Avignon, France, on Monday for the opening of the trial, sunglasses … Read more