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Europe
Eurozone Inflation in January Slightly Higher Than Previously Reported
The eurozone inflation rate in January turned out slightly higher than previously reported. Daily life in the euro area became 8.6 percent more expensive last month than a year earlier, the European statistics agency Eurostat reports based…
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Fashion House Hermès Records Turnover Despite China’s Corona Restrictions
The French fashion house Hermès does not seem to have suffered from the strict corona restrictions in China during last year's last quarter.
Turnover rose almost a quarter to a record high of 11.6 billion euros, where experts…
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Shell: European LNG Demand Creates More Competition With Asia
Increased demand from Europe for liquefied natural gas (LNG) will increase competition with Asia for additional LNG supplies, while new supply will remain limited over the next two years. Shell writes this in a report on the LNG market.…
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Ford is Cutting 3,800 Jobs in Europe, Most of Them in Germany
Carmaker Ford plans to cut 3,800 jobs in Europe over the next three years. Of these, 2300 disappeared in Germany and another 1300 in the United Kingdom.
The remaining 200 jobs will be cut in other countries. These are mainly…
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Netflix Announces First Euro Prices for Account Sharing
Netflix has had enough of unauthorized account sharing, which means it is missing out on a lot of revenue. After measures in some Latin American countries, the streaming service is also tackling Europe, starting with paid sub-accounts in…
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Zelensky Declares His Love for the European Union More Than Ever in a Powerful Speech
Ukrainian President Volodimir Zelensky gave a powerful speech at the European Parliament on Thursday. In it, he called for solidarity, additional aid and his country's accession to the European Union. "If Ukraine loses the war, Europe…
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Mother and 7 Children Died in House Fire in France
In the north of France, a house fire killed 7 children of a composite family. The children's mother also died. The father was rescued from the burning house and is in hospital with severe burns.
The cause of the fire is not yet…
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Russian Diesel Import Ban Could Drive Up Price at the Pump
Refuelling diesel may become more expensive again shortly. This is due to a European import ban that took effect this weekend. A large part of the diesel in Europe was still made in Russia in recent months. Still, experts think that the…
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