Intel to Reclaim Full Control of Ireland Chip Plant with $14.2 Billion Buyback

By admin April 2, 2026 No comment

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Intel has announced plans to spend $14.2 billion to repurchase the 49% stake in its Ireland semiconductor manufacturing facility that it previously sold to Apollo Global Management. The move will restore full ownership of the Leixlip-based plant as the company strengthens its financial position and benefits from rising demand for processors driven by artificial

Tisza Party Extends Lead Over Orbán’s Fidesz Ahead of Hungary Election

By admin April 1, 2026 No comment

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Hungary’s centre-right Tisza party has widened its lead over Prime Minister Viktor Orbán’s ruling Fidesz ahead of the April 12 parliamentary election, according to two independent opinion polls released on Wednesday. The surveys indicate that Tisza, led by Péter Magyar, is gaining momentum among decided voters, although a significant portion of the electorate remains

Euro Zone Manufacturing Growth Hits Four-Year High Amid War-Driven Cost Pressures

By admin April 1, 2026 No comment

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Euro zone manufacturing activity expanded at its fastest pace in nearly four years in March, according to a survey by S&P Global, with the Manufacturing Purchasing Managers’ Index rising to 51.6 from 50.8 in February. While the headline figure signaled growth, analysts noted that supply chain disruptions linked to the Middle East conflict temporarily inflated […]

Pharma Firms Delay Europe Drug Launches Amid U.S. Pricing Pressure

By admin March 31, 2026 No comment

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Global pharmaceutical companies are delaying the launch of new medicines in Europe as they navigate pricing uncertainties driven by U.S. policy changes under President Donald Trump. The U.S. government has been pushing to lower prescription drug costs by linking them to prices in other developed markets, particularly Europe, through a “most-favoured-nation” pricing model.

UK Regulator Proposes Cap on Heathrow Passenger Charges for 2027–2031

By admin March 31, 2026 No comment

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The Civil Aviation Authority has proposed a cap on passenger charges at Heathrow Airport, setting fees between £27.20 and £30.50 per passenger for the 2027–2031 regulatory period. Announced on Tuesday, the move is part of efforts to ensure pricing remains fair for travelers while still supporting essential infrastructure investment at Europe’s busiest airport. The

German Inflation Rises Amid Energy Shock from Iran Conflict

By admin March 30, 2026 No comment

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Inflation increased to at least 2.5% across four German states in March, driven largely by rising energy prices linked to the ongoing U.S.-Israeli conflict with Iran. In North Rhine-Westphalia, Germany’s most populous state, annual inflation climbed to 2.7% from 1.8% in February. Similar increases were recorded in Bavaria, Baden-Wuerttemberg and Lower Saxony, signalling a

Paintings by Renoir, Cézanne and Matisse Stolen from Italian Museum

By admin March 30, 2026 No comment

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Three paintings by renowned French artists Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse have been stolen from a museum in northern Italy, police confirmed on Monday. The artworks, estimated to be worth around $10 million in total, were taken from the Fondazione Magnani Rocca near the city of Parma during the night of March 22–23. […]

Russia Expels British Diplomat Over Espionage Allegations

By admin March 30, 2026 No comment

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Russia has expelled a British diplomat, accusing him of engaging in economic espionage and activities threatening national security. The Federal Security Service (FSB) said the diplomat, a second secretary at the British embassy in Moscow, was involved in intelligence-gathering efforts, including attempts to obtain sensitive economic information through informal meetings

Airlines Struggle as Fuel Price Surge Clouds Profit Outlook

By admin March 30, 2026 No comment

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Global airlines are raising ticket prices and reducing flight capacity as soaring oil prices sharply increase operating costs, creating uncertainty for the industry’s profitability. The sudden spike in jet fuel prices, triggered by geopolitical tensions in the Middle East, has forced carriers to rethink pricing strategies and route planning, even as higher travel costs

Reeves Calls for G7 Unity Amid Iran Conflict

By admin March 30, 2026 No comment

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British Finance Minister Rachel Reeves will urge G7 counterparts to avoid unilateral trade measures while the Iran war continues, warning that such actions could threaten global energy security. Speaking at a meeting with finance and energy ministers, she stressed that collective action is crucial to maintain resilience and avoid shifting pressure onto partners. Reeves