Author: staff
Although the Supreme Court mostly sided with banks in the historic ruling Friday, which looked at whether consumers had been missold car finance after banks paid motor brokers large commissions, judges upheld the appeal of one consumer due to the size of the commission the bank paid to the motor dealer and how it was disclosed. “Where consumers have lost out, they should be appropriately compensated in an orderly, consistent and efficient way,” the regulator said in a statement. The FCA will consult properly in October, but today set out the parameters of what a compensation scheme could look like.…
Google’s algorithm changes last year led to a plummet in search engine traffic for news websites and publishers, and even resulted in the bankruptcy of some independent publishers, including Turkey’s Gazete Duvar. The technology giant is now dealing another blow to online publishers through its artificial intelligence summaries. Google’s Artificial Intelligence Overview feature is a service offered by the internet giant to compete with artificial intelligence tools such as ChatGPT. The feature offers short summaries generated by Gemini that appear at the top of search results. Below the summary, there are details such as links to the source and a…
Updated: 03/08/2025 – 18:00 GMT+2 Catch up with the most important stories from around Europe and beyond this August 3rd, 2025 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel. … More
By Euronews Published on 03/08/2025 – 13:48 GMT+2 OPEC+ on Sunday agreed to boost oil production by 548,000 barrels per day from September in a move that could further reduce gas prices this year. OPEC+ had been curtailing production of oil for several years to support oil prices, but changed course earlier this year after calls by US President Donald Trump to ramp up production. Saudi Arabia holds significant influence in OPEC+ as the dominant member of the OPEC producers’ cartel, and Russia is the leading non-OPEC member in the 22-country alliance. The decision comes amid increasing US pressure to bring…
The NABU and the SABO said the scheme included a serving member of parliament, regional officials, the head of a unit of the National Guard’s military unit and a director of a company supplying drones. None of them were named in the statement. The corruption involved purchasing equipment at knowingly inflated prices for which the participants illegally received 30 percent of the contract amount, according to the agencies. A similar approach was used in FPV drone procurement, the agencies said. The revelation by the anti-corruption agencies comes after the Ukrainian leadership attempted to subject the oversight of the bodies to…
“Art always gets a sort of double sense,” said Sholette. “One hand, yes, it’s a business, but it’s almost that’s the necessary side of propping up and maintaining and collecting and preserving culture, which somehow transcends capitalism, somehow transcending mere business.” He said Art Basel’s tie-up with Qatar underscored just how much the supposed timeless quality of art had become entangled in modern finance and big business: “We actually really do see its connection to big business corporations, to the ultra wealthy, to oligarchs, Russian and otherwise. And so I think that contradiction has just kind of become very, very extreme…
“In your opinion, should Donald Tusk resign and cease to serve as Prime Minister of the government?” asked a United Surveys poll for Polish news site Wirtualna Polska. 48.6% of respondents answered that Tusk should resign, while 43.8% said that he should remain in office. 7.6% were undecided or refused to take a position. The respondents were also strongly divided by party lines. Supporters of the ruling coalition, which includes Civic Platform, the Left, the Polish People’s Party and Poland 2050, support Tusk. 85% of them are against the Prime Minister’s resignation. However, 80% of voters supporting conservative opposition parties,…
He held the post until September of last year, when his dismissal was announced ahead of a major reshuffle of Zelenskyy’s Cabinet. He relocated to the Bavarian town of Starnberg shortly thereafter. According to Ukrainska Pravda, reports of the NABU-requested search of Shurma’s home angered the Ukrainian president, who objected to the “international scale” its investigations were taking. The publication claimed the development was a major factor in Zelenskyy’s decision to sign a controversial law placing the anti-corruption agency under executive control earlier this month. The legislation, which gave the country’s presidentially-appointed prosecutor general direct authority over the NABU and…
But in July it was revealed that although her profile in the Spanish parliament’s website said she held a “dual degree in Law and Public Administration,” she held no degree whatsoever. Journalists also discovered that her profile at Guatemala’s Francisco Marroquín University, where N´úñez taught a Political Science course, falsely claimed that she also held a degree in English Philology. News of the politician’s fake CV credentials came at an awkward moment for the PP. Since last May, when Spanish Prime Minister Pedro Sánchez was forced to publicly apologize for the corruption within his Socialist Party, the leading center-right political…
According to a statement issued by Serbian prosecutors, Momirović and other suspects arrested on Friday are believed to have artificially inflated invoices issued by the two Chinese companies that carried out the station’s revamp. Prosecutors allege the corrupt practices resulted in the loss of $115.6 million in public funds, and that the Chinese consortium overseeing the renovation obtained at least $18.8 million in benefits by inflating its invoices. The arrests follow last December’s indictment of 13 people, among them former Construction, Transport and Infrastructure Minister Goran Vesić, for “serious offenses against public safety” and “irregular and improper construction works.” Serbia’s…