Report: Abandoned Tanker Sinks Off Yemen
The aging tanker Lavant, which sustained uncontrollable flooding off the southeastern coast of Yemen in June, appears to have disappeared…
France Secures $11B EU Financing to Accelerate Offshore Wind Development
Construction of two offshore wind farms in France is set to proceed following the securing of a €10.8 billion ($11.6…
Italy Detains “Banksy” Migrant Rescue Boat for Second Time
Italian authorities for the second time in a little over a year have issued a detention order to a German-operated…
German industrial orders unexpectedly fall in May
German industrial orders fell unexpectedlyin May, a fifth consecutive drop that adds to signs thatmanufacturing in Europe’s largest economy will…
Turkish central bank chief ‘extremely determined’ to curb inflation
Turkey’s central bank is determined to combat soaring prices and will stick patiently to its tight policy stance, Governor Fatih…
Data centre boom reveals AI hype’s physical limits
The craze in artificial intelligence has so far focused on chips made by Nvidia NVDA.O and apps like OpenAI’s ChatGPT.…
Xi and Putin set out ambitions for Eurasian security club
China’s President Xi Jinping and Russia’s Vladimir Putin pressed their case for closer security, political and economic cooperation between countries…
UK employers scale back expected wage growth, Bank of England says
British employers expect the wages they pay will grow more slowly over the coming 12 months, according to a survey…
Five questions ratings firms have for a new UK government
With Britain poised to vote for its first change of government in 14 years on Thursday, the firms that slashed…
Minutes of ECB’s June meeting reveal dissenting views on rate cuts
It looks as if we were not the only ones believing that the European Central Bank’s rate cut decision in…