Author: staff
Published on 07/08/2026 – 15:38 GMT+2 Volkswagen’s biggest shareholder, Porsche SE, has called for the German car company to take immediate steps to fight off rising competition from Chinese auto brands. This could be the biggest overhaul in the company’s 89-year history. The Porsche and Piëch families together control Volkswagen through their holding company, Porsche SE, which owns around 31.9% of Volkswagen’s equity. “The Volkswagen Group is at a historic crossroads. The decisions that Volkswagen makes now will determine its future. For the sake of the company and its sustainable competitiveness, everyone must now step up and take responsibility,” Hans…
Published on 07/08/2026 – 20:55 GMT+2 A federal appeals court has ordered the Trump administration to halt all construction of its $400 million White House ballroom until it receives congressional approval. The US Court of Appeals for the DC Circuit had initially allowed construction to continue while it considered the case, but then agreed with a lower court that such a massive White House overhaul required the explicit consent of Congress. In a 2-1 decision on the ballroom, the appeals court sided with historic preservationists who sued to stop construction of the massive structure, which has begun to rise aboveground…
For almost two years this saga, full of twists and turns, has pitted and involved several players: the National Assembly and its president Yaël Braun-Pivet, Paris City Hall and the association Sites & Monuments. The project to build a new reception pavilion for the National Assembly has proved highly divisive. Championed by the president of the institution, Yaël Braun-Pivet, it involves replacing the historic stone pavilion, dating from 1888, with a contemporary glass structure. The future building is to house a shop, a cafeteria and educational spaces, functions which the Sites & Monuments association considers secondary for a parliament. “The…
Published on 07/08/2026 – 20:20 GMT+2 The US Senate has overwhelmingly approved a sweeping sanctions package targeting Russia’s energy revenues, including Russian officials, oligarchs, financial institutions and the so-called shadow fleet. The bipartisan legislation, which passed the Senate 86-11, would allow US President Donald Trump to set tariffs of up to 500% on Russian imports, including gas and oil. It would also penalise countries that continue to buy Russian oil, gas and other exports, allowing Trump to impose tariffs of up to 100% on goods from major purchasers of Russian oil and gas, including countries such as China and India.…
US employers unexpectedly cut 23,000 jobs last month, and Bureau of Labor Statistics revisions shaved 103,000 jobs off payrolls in May and June. This was in sharp contrast with analyst expectations of an almost 100,000 spike in jobs in July. However, the unemployment rate eased slightly to 4.1% in July, down from 4.2% in June, mainly due to more people leaving the labour market. The July jobs numbers from the Bureau of Labor Statistics on Friday marked a sharp reversal for the domestic labour market and a political setback for President Donald Trump less than three months before his Republican…
As the 2026 World Cup drew to a close last month, many would have expected tournament organiser FIFA to slip back behind the scenes as fans around the world turned their attentions to their respective club teams once again. FIFA, it seems, had other ideas. The football world governing body sparked huge backlash in late July when it announced a plan to invite private investors to take stakes in a new subsidiary known as the FIFA Forward Enterprise (FFE), which would have run its commercial operations and events, including the World Cup. The proposal, which FIFA said could raise up…
Published on 06/08/2026 – 6:00 GMT+2 People aged 50 and over in the US will be able to receive Moderna’s mRNA vaccine against flu starting the 2026-2027 respiratory virus season, following approval by the US Food and Drug Administration (FDA). It is the first mRNA-based influenza vaccine to be authorised in the United States, extending the technology first deployed during the Covid-19 pandemic. “mFLUSIVA provides an important new option for America’s seniors,” Stéphane Bancel, Chief Executive Officer of Moderna, said. He added that the approval “reflects the ongoing potential of our mRNA platform to help address important public health challenges…
Earlier in the day, the Spanish government had threatened to take “proportional measures” if Rome did not stop its reintroduced border checks and temporary suspension of the Schengen Agreement by Aug. 9. In its statement, Rome said it would keep these controls in place “at least until August 15 and, in any case, until security and terrorism risks to Italy can be completely ruled out,” adding that a new “migratory wave” is expected in Ceuta on that date. “Only when it is certain that there will be no security or terrorism risks for Italy, that there will be no new…
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By Rebecca Ann Hughes & James March Published on 07/08/2026 – 17:14 GMT+2•Updated 17:44 Venice introduced an entry fee for daytrippers on peak days in 2024, with current rates €5-€10 but calls to up that to €50. Amsterdam, too, is oversaturated by tourists. It has launched several campaigns over the years to encourage better visitor behaviour, but with numbers still rising, residents resorted to suing the city last year. If you want to avoid contributing to overtourism and have a better traveller experience, consider visiting some of Europe’s lesser-trod but equally picturesque canal cities. Admire industrial beauty in Hamburg Despite boasting more canals…