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The European Union is pushing forward with plans for a continent-wide anti-drone defence network following repeated drone incursions into Polish airspace and incidents over airports in Denmark and Germany. Initially pitched by Baltic nations as a “drone wall” along the eastern border, the proposal has evolved into a broader “European Drone Defence Initiative,” aiming to
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Lloyds Banking Group announced on Monday that it will take an additional charge of £800 million ($1.07 billion) related to the UK motor finance mis-selling scandal, raising its total provision to £1.95 billion. The move follows new guidance from the Financial Conduct Authority (FCA), which expanded the scope of potentially affected cases. The FCA’s proposed […]
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France was thrown into fresh political chaos on Monday after Prime Minister Sebastien Lecornu and his government resigned just hours after announcing a new cabinet line-up, deepening the country’s crisis and sending French stocks and the euro sharply lower. Lecornu, President Emmanuel Macron’s fifth prime minister in two years, stepped down saying he could not […]