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Europe
Puma Made Record Profit in 2022, Prospects are Worse
The German sports brand Puma made a record profit last year but warns of less profitable times in 2023. Due to cost increases, shopkeepers and distributors have built up large sports shoes and clothing stocks.
They now have to get…
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Greta Thunberg Supports Sami in the Blockade of Ministries in Norway
On Tuesday, Swedish climate activist Greta Thunberg and dozens of activists from the Sami population group blocked even more ministries in the Norwegian capital Oslo to protest against two wind farms still operating despite a court ruling.…
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European Telecom Companies Demand Money From Data Guzzlers Facebook, Google and Netflix
Telecom companies in Europe continue to demand that internet giants such as Facebook, Google and Netflix pay for 5G and fibre optic networks. This is because they are responsible for enormous data flows on those networks, the reasoning…
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At Least 43 Migrants Killed in Boat Accident off Italian Coast
At least 43 migrants have died in a boat sank off the Italian coast at dawn on Sunday. The authorities found bodies on the beach of Steccato di Cutro, in the Italian province of Crotone, and the sea, the Italian news agency Ansa reported.…
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Russia Suspends Oil Supply to Poland Through Druzhba Pipeline
Russia has stopped the supply of oil to Poland through a pipeline. CEO Daniel Obajtek of the Polish oil group PKN Orlen said this on Twitter. However, his company still has a contract with one Russian oil supplier to receive oil through the…
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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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