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Business

How much is social media platform TikTok worth and who could buy it?

The popular app TikTok could be banned on 19 January under a US federal law that would force the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its US operations.

Food and Drink

Can Donald Trump inauguration gift reignite Coca-Cola vs Pepsi war?

A welcoming gesture from Coca-Cola marks an apparent shift in relations between the soon-to-be 47th president and the company, which previously slammed Trump and the January 6 Capitol attack. Critics are already saying they will be switching to Pepsi...

Europe News

Greenland lawmaker touts stronger EU role in island's rare earths

Twenty-five of the 34 minerals found in Greenland were identified as "critical raw materials" in a European Commission study in 2023.

Economy

Trump Treasury nominee to hail unleashing of US 'economic golden age'

Scott Bessent will appear before politicians on Capitol Hill to answer questions over his stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

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Europe News

UK PM Starmer arrives in Kyiv to sign '100-year partnership' pact

Starmer arrived in Ukraine's capital on Thursday with a pledge to help guarantee the country’s security for a century, days before Donald Trump is sworn in as US president.

Hungary

Orbán will not attend Trump inauguration, Hungary confirms

The US president-elect has broken with tradition by inviting world leaders to the 20 January ceremony.

Tech News

Meta CEO to co-host meeting with billionaires for Trump inauguration

Mark Zuckerberg will co-host a meeting of Republican billionaires for the Trump inauguration next week, sources told The Associated Press.

Europe News

Poll: Europeans more fearful than others of second Trump presidency

Citizens in traditional US ally countries such as the United Kingdom, South Korea, and EU member states express greater doubts about the future of a Trump administration compared to the rest of the world, according to a new global survey.

Markets

Euro rebounds ahead of crucial US inflation data and tariff hopes

The euro has rebounded against the US dollar over the past two trading days on news that the US president-elect may consider a gradual pace of hiking tariffs. However, the trend may be vulnerable to the upcoming US CPI, which is expected to remain sticky in December.

Business

Meta to cut 5% of workforce targeting 'lowest performers'

Summary: Meta is planning to cut approximately 5% of its workforce, or about 3,600 positions, in February. The cuts will be performance-based to “move out lowest performers faster” as it cited 2025 will be “an intense year.”

Europe News

European defence ministers say Trump’s 5% spending goal is unrealistic

US President-elect Donald Trump has called for NATO's 32 member states to spend 5% of their GDP on defence, up from the existing target of 2%.

USA

Report concludes Trump would have been convicted in 6 January case

Jack Smith's efforts to bring the once and future president to account for his actions were thwarted by tactical delays and Trump's re-election.

Tech News

US's AI chips export proposal receives industry pushback

Though the rules are aimed at China, they could impact some European countries including Portugal and Switzerland.

Culture news

Donald Trump's inauguration acts have been announced

Village People have addressed their upcoming performance at Donald Trump‘s inauguration as President of the United States, acknowledging: "We know this won't make some of you happy to hear..."

EuroVerify

Fact-checking Trump’s claims about the California wildfires

The US president-elect has levelled a string of allegations against California governor Gavin Newsom, who has slammed Trump in turn for "politicising human tragedy."

USA

Biden says his administration forced Putin's failure in Ukraine

US President Joe Biden says Russia’s President Vladimir Putin has failed across the board during his single term presidency as he reflects on his administration’s foreign policy success one week before the end of his time in office.

Culture news

Who will perform at Donald Trump's inauguration?

Donald Trump will be sworn in as the 47th US president next Monday —and speculation remains high over which music acts will perform at the high-profile ceremony. The shortlist is... well, short.

Europe News

Golf merger could see early divergence of EU and Trump-US regulation

As LIV Golf and PGA Tour attempt to finalise a merger, the impact on sports entertainment and conditions for players will raise regulatory questions on both side of the Atlantic - but the outcome of US and EU merger scrutiny may differ.

Italy

Italy frees Iranian engineer whom the US wanted extradited

The Italian authorities freed Iranian engineer Abedini Najafabadi Mohammad on Sunday and he flew home to Iran soon after, ANSA news agency reported.

Europe News

Elon Musk slams EU's Thierry Breton as the 'tyrant of Europe'

The latest online war of words involves a Hungarian MEP, the former European Commissioner for Digital Affairs, and misinformation about the EU's power to interfere in elections.