Author: staff

Around 3,000 listings, including Usmanov’s, are at risk of expiring Tuesday after Paris withheld its support for the renewal. Three diplomats, all of whom were granted anonymity to describe the private discussions, said capitals remained deeply divided, despite France’s pledge to establish guardrails to assuage concerns that the move could undermine the sanctions regime more broadly. Two other diplomats said EU capitals were likely to agree to extend the sanctions — for a period as long as 36 months — as part of a compromise with countries seeking delisting. Envoys are due to meet again Monday afternoon after consulting their…

Thirteen member states are calling on Brussels to systematically design new EU legislation as pro-innovation and assess whether the current laws are still fit for purpose, as part of a broader push to cut red tape and make the bloc more business-friendly. Austria, Czechia, Denmark, Germany, Estonia, Hungary, Italy, Latvia, Lithuania, Poland, Portugal, Slovenia and Slovakia signed a non-paper calling for “an exercise in legislative deep-cleaning” to determine, sector by sector, whether existing rules are still needed, need updating, or impose burdens without added value. “EU legislation cannot be an end in itself. Therefore, regulatory restraint to avoid over-regulation and…

Sheikh Ahmed bin Rashid Al Maktoum, the youngest brother of UAE Vice President and Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has died at the age of 76, the Dubai Media Office announced on Monday. The Ruler’s Court declared 10 days of official mourning across the emirate, with flags to be flown at half-mast from Monday. Sheikh Mohammed paid tribute to his brother in a post on X. “You are absent from our eyes but not from our prayers and hearts,” he wrote. Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence…

Europe’s central banks now have a working bridge into tokenised markets. Launched on Monday, Pontes lets wholesale transactions in tokenised assets, meaning stocks, bonds and other instruments recorded as digital tokens on distributed ledgers, to settle in the safest form of money available — reserves held at the central bank itself. It matters because the absence of a risk-free settlement asset has been one of the main barriers holding blockchain technology back. Without it, tokenised trades have typically settled in commercial bank money or stablecoins, carrying credit risk that large institutions are reluctant to accept. “The Eurosystem is working to…

Emissions from the use of Nvidia’s chips could be on par with those from burning coal sold by Russian state-owned company Russian Coal, according to a new report. The report estimates that operating Nvidia chips sold since 2022 could have generated the equivalent of between four and 21 million tonnes of carbon dioxide in 2025, depending on the electricity used to power them. It also says the US chipmaker’s supply chain emissions have risen by 725% since 2020, an increase of around 9.4 million tonnes. According to Greenpeace East Asia, one of the groups behind the report, “the increase was…

“The perpetrators acted by misleading and deceiving a Romanian businessmen … the members of the organized crime group aimed to obtain the financial guarantees deposited by the victim to access the respective credits,” a DIICOT press release noted. The group allegedly failed to deliver on its promises, and the victim lost “more than €1.1 million.” The former presidential candidate is already facing two other criminal cases: one over allegedly acting against Romania’s constitutional order by planning a violent coup, and another over allegedly promoting fascist ideology. Commenting on the earlier investigations, Georgescu protested his innocence and said the cases were…

Published on 21/09/2026 – 12:33 GMT+2 Russian drones blasted Ukraine’s southern city of Zaporizhzhia a day after Kyiv’s forces fired more than 1,000 at Russia, officials said on Monday. The war’s relentless daily attacks underscore the absence of any significant progress in diplomatic efforts to stop the fighting, more than four years after Russia launched its full-scale invasion of its neighbour. There is no sign the war is abating as world leaders gather this week at the UN General Assembly. Ukrainian President Volodymyr Zelenskyy said he expects to meet with US President Donald Trump at the annual event in New…

Thousands of people lined Mission Street in San Francisco, California, for the ‘King of the Street’ lowrider parade. Video opens with cars hopping and cruising with a wheel lifted off the ground. More than 300 hand-customised lowriders from across California took part. The parade celebrates Chicano craftsmanship and Latino identity. It comes two years after California lifted its ban on lowrider parades. One lowrider said the cars show hard work and offer young people a positive path. Another said more women are now building and driving their own cars.

For investors following Europe’s developed markets, Greece is back on the map. FTSE Russell’s reclassification of the Greek capital market from “advanced emerging” to “developed” took effect on Monday, marking another step in the country’s recovery from its sovereign debt crisis. Euronext Athens said the upgrade represented “a major international recognition of the significant progress and structural reforms implemented in recent years at the Athens Stock Exchange” and underscored the growing attractiveness of the Greek capital market to international investors. The change moved 62 Greek stocks out of FTSE’s emerging-market benchmarks and into its developed-market indices, according to Piraeus Securities.…

Published on 21/09/2026 – 12:15 GMT+2 Google has been fined €403 million by Ireland’s Data Protection Commission (DPC) after a six-year investigation into how the tech giant tracked and stored users’ location data. The DPC, which acts as Google’s lead regulator in the EU, launched the inquiry in February 2020 following complaints from several European consumer rights groups, including BEUC. Investigators examined three Google features, including Web & App Activity, Location History and Location Accuracy, and covering the period from 25 May 2018 when the GDPR came into force to 4 February 2020. ‘Loss of control’ over personal data The…