Author: staff
Eurozone retail sales grew 0.2% in August, rebounding from July’s flat reading, while Germany’s factory orders plunged 5.8%, marking their worst decline since January. The euro slipped below $1.10 on the news. Retail sales in the eurozone saw a modest recovery in August, following stagnation in July, according to fresh data from Eurostat. In August, retail trade volumes in the euro area edged up by 0.2% compared with July, with the European Union seeing a 0.3% increase. The figures marked an improvement from the previous month’s revised flat reading for the eurozone and a 0.1% rise in the broader EU. On…
LONDON — The Conservative Party “got trounced in the polls,” ex-Energy Secretary Claire Coutinho admitted earlier this month. After 14 years controlling Westminster’s levers of power, voters … Sep 26 10 mins read
Russian missiles hit multiple Ukrainian regions, while Kyiv struck a Crimea oil depot. Meanwhile, Zelenskyy will seek long-range weapons at the upcoming Ramstein meeting. Russian strikes across Ukraine over the past day have left four people dead and dozens wounded, Ukrainian media reports.The Ukrainian Air Force posted on the social media platform Telegram that Russia fired ballistic and guided-air missiles upon several areas, including the Sumy, Kharkiv and Kyiv regions, on Monday.Ukrainian President Volodymyr Zelenskyy acknowledged the attacks on X, stating air defences destroyed more than 50 Russian-launched Shahed drones fired upon a dozen targets. “Over the course of this…
The EU is walking a delicate tightrope, with some member states keen to protect their markets, while others want to safeguard Chinese investment and to attract more. EU leaders described China as a partner, competitor and systemic rival in summit conclusions last summer. The ambiguity of that description was also reflected in last Friday’s European Commission decision to impose hefty tariffs of up to 35.3% on Chinese-made EVs, with the EU executive stepping in to overcome ambivalence and opposition from member states.This reflects the delicate tightrope the EU is currently walking as it balances the instinct of some member states…
Tarragona’s iconic biennial competition saw more than 40 teams defy gravity to build giant human towers, as part of a longstanding Catalonian tradition. Emotions were high as the heart-pounding tradition of building human towers made a return to Tarragona, Spain, where thousands of spellbound spectators gathered for the city’s biennial competition.Over 40 ‘colles’ (teams) gathered in the historic Tarraco Arena Plaça, a former bullfighting ring, to take part in the event, now in its 29th edition since first debuting in 1932.Jaw-dropping photos capture the sea of people watching on as hundreds of brave participants rose higher and higher in their…
Sky News’ deputy political editor Sam Coates and Politico’s Jack Blanchard share their daily guide to the day ahead in politics in under 20 minutes. Following Sue Gray’s resignation, Jack and Sam share the details of her departure and they discuss the mood in Downing Street this morning, as the prime minister gets together his new top team. Jack and Sam also have their rundown of the biggest political events this week. 👉 Tap here to follow Politics at Jack and Sam’s wherever you get your podcasts 👈 You can send a WhatsApp to Jack and Sam on 07511 867 633 or…
Key diary datesMonday 7 – Thursday 10 October: European Week of Regions and Cities.Monday 7 October: European Parliament committee to adopt position on EU 2025 budget.Thursday 10 October: the European Court of Auditors (ECA) will publish its annual report on the EU budget.In spotlightMembers of the European Parliament (MEPs) head to Strasbourg today for the first of two plenary sessions in October – with an important vote in the budget committee already scheduled for Monday evening.MEPs will consider 978 amendments tabled to the Council’s position on the Commission’s draft budget for 2025 and decide on the Parliament’s position, which will…
The IDF also announced its fighter jets struck launchers and tunnels in Gaza to foil a planned rocket attack on Oct. 7, Israeli media reported. Oct. 7 marks one year since Hamas’ cross-border raid which killed 1,200 Israelis and triggered Israel’s invasion of Gaza, in which it has killed more than 40,000 Palestinians and left the besieged strip in ruins. Ceremonies and vigils commemorating the Hamas attack took place across Israel on Monday, including a moment of silence led by Israeli President Isaac Herzog at the site of the Supernova music festival where 364 people were killed by Hamas militants.…
Pop superstar Taylor Swift surpasses Rihanna and is also reportedly the second richest musician in the world after Jay-Z. The numbers are in and now it’s official: Taylor Swift is the richest female musician in the world, with an estimated net worth of $1.6 billion (approx. €1.45bn). She overtakes Rihanna to the top spot and now ranks second on the overall list of richest musicians, just behind Jay-Z, who has a net worth of $2.5 billion (approx. €2.2bn). While Rihanna ($1.4 billion net worth) still holds the title of the “richest female musician of all time,” having once reached a peak…
One bright spot was that July’s gain was revised up to 3.9 percent from a first reading of 2.9 percent. A combination of high energy prices and increased competition from abroad — mainly China — has weighed on the country’s manufacturing sector. The sectoral purchasing managers’ index compiled by S&P Global has been in negative territory for over two years now. The slowdown is particularly acute in the automotive sector. A separate data reading from Monday shows that car sales were down 4.7 percent on the year in the half of 2024. On Friday, European Union capitals voted to to…