Author: staff
Netflix has been running lines from a similar script for the past three years: widening its lead in video streaming while delivering financial results that have easily exceeded the analyst projections that steer investors. While Netflix’s profit eclipsed Wall Street’s expectations by a wide margin in the April-June quarter, its revenue came in right around the bar set by analysts. The Los Gatos, California, company earned $3.1 billion (€2.7bn), or $7.19 per share, a 46% increase from the same time last year. Revenue rose 16% to $11.08bn (€9.5bn). Management also slightly raised its revenue forecast for the entire year—between $44.8bn…
“This will leave increasingly little fiscal space for benefits targeted at mitigating poverty, insuring against income shocks, and supporting labour-market reallocation,” the OECD warned. In many cases, the most pressing issue is the cost of the state pension system: the U.K.’s Office for Budget Responsibility said this month that by the early 2070s, it will be consuming 7.7 percent of GDP, up from 5 percent today (and only 2 percent back in 1950). More broadly, the European Commission’s last effort at quantifying the problem in 2021 said the overall cost of ageing — including pension, health and care costs — will rise from 24…
The senior U.K. official, who spoke to POLITICO on condition of anonymity, added that the government was keen for the British public to start seeing the benefits of the new agreements before the run-up to the next general election. It comes as the European Commission on Wednesday published its draft negotiating plans for the sanitary and phytosanitary (SPS) agreement, which is intended to remove cross-channel border checks on plant and animal products by aligning Britain with EU standards. The Commission has also published its early draft mandate on linking the U.K. and EU’s emissions trading systems. Both proposals have to…
By Euronews Travel Published on 18/07/2025 – 8:02 GMT+2 The boss of easyJet has said that recent French air traffic control strikes created “unacceptable challenges for customers and crew”. Kenton Jarvis, chief executive of the budget airline, added that they were “extremely unhappy” with the strike action in early July, which landed airlines with “unexpected and significant costs”. More than 1 million passengers were impacted by the walkout from French air traffic controllers on 3 and 4 July over working conditions, according to European aviation coordinator Eurocontrol. EasyJet cancelled 660 flights due to the action, costing a total of £15 million…
Was kann die Bundesbauministerin wirklich verändern – und wo stößt sie an die Grenzen des Föderalismus? Verena Hubertz spricht im Spaziergang mit Gordon Repinski über Baukosten, Mietpreise, Stadtentwicklung und den Zustand der SPD. Sie erklärt, warum sie an eine Halbierung der Baukosten glaubt, Supermarktdächer als Wohnflächen sieht – und wie sie trotz aller Komplexität neue Wege in der Wohnungspolitik gehen will. Die SPD-Ministerin redet offen über ihre Vision einer gerechteren Stadt, warum sie die Mietpreisbremse verteidigt, aber dennoch marktfreundliche Impulse für Investoren setzen will – und warum ausgerechnet das umstrittene Thema Rentenreform eine Chance für sozialdemokratische Erneuerung sein könnte. Am…
Published on 18/07/2025 – 6:35 GMT+2 •Updated 7:32 The European Commission has intensified its rule of law standoff with Hungary by linking future EU funding to adherence to democratic values under its proposed Multiannual Financial Framework (MFF), the seven-year budget proposal announced this week. Under the new framework, member states must uphold the EU’s core values—including the principles enshrined in the Charter of Fundamental Rights and Article 2 of the EU Treaty—to access funding and secure project approvals. The move introduces a form of “smart conditionality”, Commission President Ursula von der Leyen announced on Wednesday. “In the National Regional Partnership…
De plus, plusieurs lois ont été adoptées définitivement au cours de la session extraordinaire de ce mois de juillet : parmi ces réformes “volumineuses et importantes”, souligne une source au Conseil constitutionnel, le changement du mode de scrutin à Paris-Lyon-Marseille, la loi pour la refondation de Mayotte, la proposition de loi visant à faciliter le maintien en rétention des personnes condamnées pour des faits particulièrement graves, ou encore la proposition de loi dite Duplomb sur les contraintes du métier d’agriculteur. Cette future loi a fait l’objet de trois saisines à elle toute seule : deux par les députés (LFI, Ecologistes, PCF d’un…
By Jerry Fisayo-Bambi with AP Published on 18/07/2025 – 6:04 GMT+2 •Updated 6:23 US President Donald Trump late Thursday directed the Justice Department to provide “any and all” information about the disgraced sexual offender Jeffrey Epstein, who died by suicide in 2019 awaiting trial on federal charges of trafficking of underage girls. “Based on the ridiculous amount of publicity given to Jeffrey Epstein, I have asked Attorney General Pam Bondi to produce any and all pertinent Grand Jury testimony, subject to Court approval,” Trump said in a social media post late Thursday. Following Trump’s announcement on social media, US Attorney General Pam Bondi…
Reykfjord Gylfadóttir said she’s now seeing evidence of that coming to pass, as the funding disruptions are adding uncertainty to these organizations’ efforts. Some groups have managed to keep some tracking going. The Humanitarian Research Lab at the Yale School of Public Health was preparing to lay off its Ukrainian staff on July 1, but last-minute private donations have granted the organization a lifeline until October. It’s unclear if private donations will continue to trickle in. Reykfjord Gylfadóttir said Europe now needs to find ways to make up for lapsed funding, because understanding where children have been sent will be critical for repatriating…
He has also frequently raised concerns about the outsized impact the clean energy shift will have on his home country of Czechia, which still uses coal power and is poorer than other EU countries. Last month, Knotek urged the EU to abandon the 2040 target while explaining his vote against the EU’s Clean Industrial Deal, a plan meant to boost manufacturing while helping firms decarbonize. In July, he called the 2040 proposal “utter madness.” “It will bring price hikes, loss of choice in heating or transportation,” he said in a post on X. “Another betrayal of citizens by Ursula von…