Monet’s ‘Iris’ Sets Record as France’s Most Expensive Auction Artwork

By admin October 23, 2026 No comment

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Claude Monet’s painting Iris sold for €50 million ($56.05 million) at a Sotheby’s auction in Paris on Thursday, setting a new record for the most expensive artwork ever sold at auction in France. The painting, completed toward the end of the French Impressionist master’s life, attracted intense competition among collectors during the auction. Bidding for […]

Volvo Cars to Cut 2,500 Jobs After Quarterly Loss

By admin October 23, 2026 No comment

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Volvo Cars has announced plans to cut 2,500 jobs globally as it faces mounting financial pressure from weak demand, US tariffs and intense competition from Chinese automakers. According to Reuters, the Swedish carmaker reported an adjusted operating loss of 3.7 billion Swedish crowns ($373 million) in the third quarter of 2026, compared with a profit […]

Greece Approves Social Media Ban for Children Under 15

By admin October 23, 2026 No comment

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Greece’s parliament has approved legislation banning children under the age of 15 from using social media platforms, citing growing concerns about the impact of online platforms on children’s health and safety. According to Reuters, the ban will come into effect on January 1, 2027, as the country seeks to address issues linked to excessive screen […]

French Debt Risk Premium Hits Highest Level Since 2011

By admin October 22, 2026 No comment

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France’s government borrowing costs have surged as investors grow increasingly concerned about the country’s public finances, political uncertainty and ongoing protests. On Thursday, the premium investors demand to hold French 10-year government bonds over safer German bonds reached 173.58 basis points, its widest level since November 2011 during the euro zone debt crisis.

Serbia Faces Rising Allegations of Violence and Surveillance Ahead of Elections

By admin October 22, 2026 No comment

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Serbia is preparing for its October 25 election amid growing allegations of violence, intimidation and digital surveillance targeting government critics. Activists, student protesters and opposition politicians have accused supporters of President Aleksandar Vucic’s ruling Serbian Progressive Party (SNS) of contributing to an environment of repression. The government and

France Reports First Human Case of Shamonda Virus After Patient’s Death

By admin October 22, 2026 No comment

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France has reported its first human case of the Shamonda virus, a disease usually found in livestock, after a patient died in early October. The French government said the man, who lived in the Lyon area in eastern France, may have been bitten by an infected midge. Authorities have stated that no risk to the […]

Pope Leo Needs No Further Cancer Treatment After Surgery, Doctors Say

By admin October 22, 2026 No comment

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Pope Leo will not require additional cancer treatment following surgery to remove a portion of his right lung, his doctors announced on Wednesday. Final examinations confirmed that he had lung adenocarcinoma, a common form of lung cancer, but the disease remained localized and had not spread. The 71-year-old pontiff underwent surgery on October 13 to […]

SAP Crosses €10 Billion Quarterly Revenue, Raises 2026 Outlook

By admin October 22, 2026 No comment

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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

By admin October 21, 2026 No comment

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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

By admin October 21, 2026 No comment

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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