2024-11-22
Showing 70 results 2024-11-22
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Culture news
From Bundesliga to LeBron James: The X-odus continues
St. Pauli has become first major football club to quit X, followed by a second Bundesliga club this week. Elon Musk’s platform has been labelled "a hate machine" - and now, even NBA superstar LeBron James has left X. How long will other major European sports clubs take to follow suit?
Business
Northvolt files for bankruptcy in major blow to European EV sector
The Swedish battery developer and manufacturer, Northvolt, has filed for bankruptcy in the US, as the company struggles with mounting debt, after it was unable to secure rescue funding and was left with only one week of cash reserves.
Economy
Eurozone business activity contracts: Euro tumbles to 2-year lows
Eurozone business activity fell sharply in November, with services joining manufacturing in contraction. The Composite PMI hit 48.1, signalling the steepest decline since January. The euro and bond yields weakened, while equities turned red, with banks witnessing sharp declines.
Business
Mercedes reveals plans to cut costs by several billion euros per year
Mercedes has revealed plans for substantial cost cuts of several billion euros in the coming years. However, specific details on how these costs will be reduced and which locations will be affected has not yet been detailed.
Israel
European leaders give mixed reactions on Netanyahu's arrest warrant
Europe's top diplomat Josep Borrell has insisted that the International Criminal Court's decision to issue arrest warrants for Israel's prime minister and his former defence secretary should be respected, but European countries are not so sure.