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SAP Crosses €10 Billion Quarterly Revenue, Raises 2026 Outlook

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Germany-based SAP, Europe’s largest technology company, reported quarterly revenue exceeding €10 billion for the first time, raising its 2026 revenue outlook to the upper end of its forecast range. The company’s third-quarter performance was supported by strong cloud demand, with cloud revenue increasing 26% to €6.67 billion and its cloud backlog rising 26% to €24.14 […]

Cheap Chinese Antibiotics Threaten Europe’s Last Major Penicillin Plant

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Europe’s last major fully integrated penicillin production facility, operated by Sandoz in Kundl, Austria, is facing an uncertain future as cheaper Chinese antibiotics put pressure on prices. China’s share of European Union imports of penicillins and their derivatives rose from 44% in 2019 to 86% in 2025, according to Eurostat data. Sandoz has asked the […]

Europe Considers Giving Utilities More Power to Stop Drone Threats

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European governments are considering granting electricity providers and critical infrastructure operators greater authority to detect and disable drones amid growing security concerns following Russia’s invasion of Ukraine. Energy companies fear drone attacks and other hybrid threats could disrupt power supplies to millions of people, while existing regulations often limit

Italy’s Birth Rate Set to Hit Record Low in 2026 Amid Demographic Crisis

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Italy is expected to record another historic low in births in 2026, deepening its ongoing demographic crisis, according to national statistics bureau ISTAT. The country recorded 355,772 births in 2025, the lowest figure since Italian unification in 1861, marking the 17th consecutive year of decline. The downward trend continued in the first seven months of […]

Adidas Raises 2026 Profit Forecast After Record Third-Quarter Results

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German sportswear giant Adidas raised its full-year profit forecast after reporting a record third-quarter operating profit, supported by a US tariff refund and strong full-price sales. The company’s operating profit rose 37% to €1.008 billion from €736 million in the same period last year, according to Reuters on October 20, 2026. Adidas received approximately €200 […]

Bomb Threat Forces Austrian Airlines Flight from Israel to Make Emergency Landing in Bulgaria

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An Austrian Airlines flight travelling from Tel Aviv, Israel, to Vienna, Austria, made an emergency landing in Sofia, Bulgaria, on Sunday night following a reported bomb threat. The Airbus A320 was escorted by a Bulgarian Air Force MiG-29 fighter jet before landing at Vasil Levski Airport. According to Bulgaria’s transport ministry, passengers were evacuated, and […]

France Considers Local Curfews After Weekend of Riots and Looting

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France’s government has urged local authorities to impose curfews in some areas following a weekend of widespread riots, looting and clashes between protesters and police. Prime Minister Sébastien Lecornu said localised restrictions were currently more appropriate than a nationwide curfew, while leaving open the possibility of declaring a state of emergency. The unrest