Mega-Deals Drive Global M&A to Record High in First Half of 2026

By admin July 2, 2026 No comment

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Global mergers and acquisitions (M&A) reached a record $2.8 trillion in announced deals during the first half of 2026, marking a 48% increase compared to the same period last year, according to LSEG data. The surge was largely driven by 47 mega-deals valued at over $10 billion each, which together accounted for more than $1.3 […]

Rebel Catholic Group Defies Pope Leo XIV by Ordaining Four Bishops in Switzerland

By admin July 2, 2026 No comment

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A breakaway Catholic group, the Society of St. Pius X (SSPX), ordained four new bishops in Écône, Switzerland, on Wednesday despite a direct appeal from Pope Leo XIV to halt the ceremony. Thousands of supporters gathered to witness the ordination, which the Vatican had warned would be considered a schismatic act. In a letter sent […]

Fed Chair Kevin Warsh Makes Global Debut as Inflation Takes Centre Stage

By admin July 1, 2026 No comment

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U.S. Federal Reserve Chair Kevin Warsh made his first major international appearance at the European Central Bank’s annual forum in Sintra, Portugal, joining ECB President Christine Lagarde, Bank of England Governor Andrew Bailey and Bank of Canada Governor Tiff Macklem. The discussion focused on the shared challenge of bringing inflation under control, while also

BYD Nears Decision on Second European Manufacturing Plant

By admin July 1, 2026 No comment

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Chinese electric vehicle giant BYD is close to finalising plans for a second manufacturing facility in Europe as it accelerates its regional expansion. Speaking at the Reuters Automotive Europe conference in Frankfurt, BYD’s special adviser for Europe, Alfredo Altavilla, said a decision is expected soon, with Spain and France emerging as the leading candidates. The

Germany Arrests Rwanda Genocide Suspect Accused of Ordering Killings

By admin July 1, 2026 No comment

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German prosecutors have arrested a German-Rwandan national accused of assisting in the 1994 Rwanda genocide by ordering the killings of Tutsis. The suspect, identified only as Innocent S under German privacy laws, was detained in the central state of Hesse. He faces charges of complicity in genocide and 25 counts of murder for allegedly directing […]

Spain’s Citizenship Law Triggers Political Clash Over Overseas Voters

By admin July 1, 2026 No comment

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Spain’s citizenship law granting nationality to descendants of Spaniards exiled during the Civil War and the Franco dictatorship has become the center of a political dispute ahead of the country’s next general election. Since the law was expanded in 2022, more than 544,000 people have obtained Spanish citizenship, with over 306,000 registering to vote, while

EU Carbon Market Overhaul Sparks Industry Concerns Over Climate Goals

By admin July 1, 2026 No comment

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European industrial companies have warned that proposed changes to the European Union’s Emissions Trading System (ETS) could weaken incentives for businesses that have invested heavily in low-carbon technologies. Firms including SSAB, Heidelberg Materials, and Rockwool argue that easing carbon pricing or expanding free emissions permits would unfairly benefit

Sweden Proposes Tougher Sentencing Laws Ahead of National Election

By admin June 30, 2026 No comment

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The Swedish government has announced plans to introduce tougher criminal sentencing laws ahead of the country’s September general election, aiming to strengthen its response to crime and repeat offenders. The proposed legislation would encourage courts to impose harsher penalties by making greater use of the upper end of sentencing ranges and ensuring that multiple

Rescue Teams Search Rubble After Apartment Building Collapses in Athens

By admin June 30, 2026 No comment

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Emergency crews in Athens launched a large-scale search operation after a four-storey apartment building collapsed in the Petralona district on Tuesday. Firefighters, rescue teams and specially trained search dogs were deployed to comb through the debris amid concerns that people could be trapped beneath the rubble. Authorities later confirmed that four individuals

Germany’s World Cup Exit Sparks Doubts Over Nagelsmann’s Future

By admin June 30, 2026 No comment

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Germany’s FIFA World Cup campaign came to a disappointing end after a dramatic penalty shootout defeat to Paraguay in the Round of 32, intensifying pressure on head coach Julian Nagelsmann. Despite dominating possession and creating several chances, Germany were held to a 1-1 draw after extra time before losing 4-3 on penalties. The defeat marked […]