Tag: Europe

Wednesday, March 20th 2019 - 10:01 UTC
Boeing's commercial division makes major reshuffle in top positions; US$ 500bn in 737Max orders on hold

 Boeing Co's commercial airplane division, facing its biggest crisis in years following deadly crashes of its flagship 737Max, has brought in a new vice president of engineering while dedicating another top executive to the aircraft investigations, a company email showed on Tuesday.
Monday, March 18th 2019 - 08:36 UTC
Chinese president Xi on state visits to Italy , Monaco and France

Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said on Monday, with Rome expected to join his global trade infrastructure program despite reservations in other European countries.
Friday, March 8th 2019 - 09:15 UTC
Euro zone interest rates frozen for twelve months given overall slowdown

Interest rates in the Euro zone will not rise until next year at the earliest, the European Central Bank has signaled amid evidence of a slowdown in the 19 countries using the single currency. The ECB also unveiled a round of fresh stimulus, offering banks cheap loans to try to help revive the economy.
Thursday, March 7th 2019 - 09:06 UTC
Brits love holidays in Spain: 14 million holidayed in sunny Spain in 2017

Brits love a holiday and whether we’re looking for a beach getaway or a city break, the next flight is often not too far away. But which long haul and short haul destination is the UK’s favorite? How long do we stay and how much do we spend? Newly collected travel data reveals UK’s favorite holiday destinations.
Thursday, February 28th 2019 - 08:23 UTC
Investigation into Odebrecht corruption network in the Netherlands

Prosecutors raided locations across the Netherlands on Tuesday as part of an investigation into the alleged use of shell companies to distribute US$ 100 million in bribes on behalf of Brazilian conglomerate Odebrecht SA.
Wednesday, February 20th 2019 - 10:16 UTC
UK supermarkets stockpiling ahead of Brexit on March 29; shortages and higher prices forecasted

Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say.
Wednesday, February 20th 2019 - 09:56 UTC
Salmon farms in Scotland raided in connection to EU-wide probe into alleged illegal cartels

Raids have been carried out at several salmon farming sites in Scotland in connection with an EU-wide probe into alleged illegal cartels. Officials visited offices in Shetland, Stirling and Fife amid concerns they may have violated anti-trust rules. The European Commission (EC) has said the investigation is at a preliminary stage.
Friday, February 15th 2019 - 07:15 UTC
End for a symbol of Europe technology: Airbus will cease production of the A380

The world’s largest airliner has run out of runway after Airbus decided to close A380 production after 12 years in service due to weak sales. The decision to halt production of the A380 superjumbo is the final act in one of Europe’s greatest industrial adventures and reflects a dearth of orders by airline bosses unwilling to back Airbus’s vision of huge jets to combat airport congestion.
Tuesday, February 12th 2019 - 09:41 UTC
UK and Switzerland sign a post-Brexit “continuity agreement” on trade

The UK and Switzerland have signed a deal to continue trading after Brexit as they did before it. The “continuity agreement” - based on the EU's existing free trade deal with Switzerland - was agreed in December but ratified on Monday.
Saturday, February 9th 2019 - 06:56 UTC
Measles 2017/18 outbreak in Europe, the highest in a decade

The number of recorded measles cases in Europe more than tripled between 2017 and 2018, marking the highest it’s been in a decade, the World Health Organization said. According to newly released data from the WHO, in 2018, more than 82,000 people were infected with the disease and 72 people died in Europe. In 2017, there were more than 25,000 measles cases in Europe and 42 deaths.