Author: staff
It’s been a rough takeoff to 2025 for many European air passengers.The first five months of the year were marred by tens of thousands of delays and cancellations.A new analysis of Europe’s 20 busiest airlines ranked their performance, revealing which ones had the most turbulent starts.Cancellations: Finnair, KLM and BA report worst ratesDutch carrier KLM scrapped the most flights between January and May (2,760), followed by British Airways (1,763) and Germany’s Lufthansa (1,757), says the report by flight compensation company FlightRight.Raw numbers aside, the highest rate of flights scrapped was on Finnair: 3.35% out of a total of over 43,000…
Israeli forces nearby fired warning shots amid scenes of panic at the Gaza Humanitarian Foundation hub, backed by the United States.Eyewitnesses described tank fire, with military helicopters overhead firing flares as crowds fled the area.At least three Palestinians were injured, including one man seen bleeding from his leg.Thousands had walked miles from overcrowded camps along Gaza’s coastline, desperate after months of Israeli blockade left the region facing famine.Aid distribution was briefly halted but resumed once the situation returned to calm.
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Vibe: The décor is somewhat minimalist (Nordic, duh), but cool and refined, with soft jazz mingling with the sounds of happy Finnish chatter. A deer print on the wall eyed us balefully as we devoured his buddy. There’s a terrace to enjoy on sunnier days. Who’s picking up the check? At around €24 for a pasta main, the prices were assuredly more northern European than southern. Spotted: Presidents, prime ministers and other European political luminaries have all feasted at Atrio, the manager told us (though he couldn’t possibly name any, of course). We spotted the EU’s top diplomat Kaja Kallas with a couple…
Published on 28/05/2025 – 13:33 GMT+2The number of people out of work in Germany rose to 2.96m in May — the highest May number seen since 2010 — the national employment agency said on Wednesday.The monthly increase, which came to 34,000 in seasonally-adjusted terms, was significantly higher than the 10,000 expected.The unemployment rate nonetheless remained unchanged month-on-month at 6.3%, despite showing a rise in year-on-year terms.“The rise of unemployment when compared to the previous year is due to the weakness of the manufacturing sector. There are however signs that things are looking up, which has to do with the planned…
“With today’s move, we have exposed China, which has long been working to undermine our resilience and democracy,” Lipavský said. “Through cyberattacks, information manipulation, and propaganda, it interferes in our society — and we must defend ourselves against that.” It is the first time the Czech government has attributed a national cyberattack to a state-backed actor. An investigation conducted by the Security Information Service, Military Intelligence, Office for Foreign Relations and Information, and National Cyber and Information Security Agency (NUKIB) provided Czech authorities with a high degree of certainty about who was behind the targeting of the ministry. APT31 is…
Published on 28/05/2025 – 12:40 GMT+2Heavy flooding in Romania’s Harghita County — the worst in the past three decades — has led to critical conditions at the historical Praid salt mine, one of Europe’s largest salt reserves and a major tourist attraction in the country, authorities said. According to County Prefect Petres Sandor, the inflow of water is uncontrollable.”We lost the fight with nature. The water has started to enter the salt mine again, with a flow that cannot be controlled at the moment,” Sandor told local press. “Authorities will carry out an expertise as soon as possible to establish…
The most recent discussions they had on the subject, he added, were in early April in Frankfurt, “to discuss with her the leadership transition [at WEF] with myself remaining chair until she was ready to take over, at the latest, early 2027.” He added that he had planned for “several years” for Lagarde to succeed him.An ECB spokesperson contradicted Schwab, saying that “President Lagarde has always been fully committed to deliver on her mission and is determined to complete her term.” Lagarde is a regular at the Davos meetings in January. She joined the WEF’s board of trustees in 2019…
Operated by Lu Xin, AI Strategist defeated “Silk Artisan” in the third round of the opening match before overpowering “Energy Guardian” in the final held on Sunday. All competing robots were Unitree Robotics’ G1 models, each standing 1.32 metres tall.Each match consisted of three rounds lasting two minutes, with points awarded for precise strikes — one point for arm hits, three for leg strikes, and penalties applied for knockdowns or failure to recover within eight seconds.
The European Commission plans to make it easier for banks to invest in resold debt, known as “securitization,” under draft proposals to revise rules for the practice seen by POLITICO. The Commission will publish its revision of the EU’s securitization rules in a legislative package on June 17. This will include changes to the Capital Requirements Regulation, the Securitization Regulation, and two secondary laws, the Liquidity Coverage Requirement Delegated Act and the Solvency II Delegated Act. Under the draft plans here and here, the EU executive intends to change how capital requirements for banks investing in securitization are calculated to…