Author: staff
By Сергiй Дубина Published on 06/10/2026 – 12:06 GMT+2 On Monday, Russian President Vladimir Putin signed a decree allowing Italian bank UniCredit to sell part of its Russian business, paving the way for the Milan-based group to scale back its presence in the country. UniCredit Bank has been operating in Russia since 1989. It continued its activities in the Russian Federation after the full-scale invasion of Ukraine in February 2022. In May, the bank announced plans to sell part of its Russian subsidiary to “a well-established private investor in the United Arab Emirates” with “long-standing ties to the local institutional and…
Winter is coming and that means only one thing – it’s time to dust off the skis and get ready to hit the slopes. In Europe, we’re lucky to have the world’s most developed ski market, with the Alps a traditional favourite alongside resorts in the Dolomites, Pyrenees, Scandinavia, the Balkans, and Central and Eastern Europe. In fact, according to the Skiresort.com database, Europe is home to more than 3,900 resorts, with 37,800 kilometres of marked slopes and more than 16,800 ski lifts. With so many ski destinations to choose from, there’s no shortage of places to stay. Here are…
BERLIN — A former head of Germany’s foreign intelligence agency was arrested early Tuesday in connection with an investigation into suspected espionage and attempted treason, according to the German Federal Prosecutors Office. An informant allegedly provided August Hanning, the former head of the foreign intelligence agency, or BND, with nearly two thousand documents, many of them classified, according to a statement from federal prosecutors. In one case, Hanning used classified information provided by an informant identified as Manfred D. to create an analysis for an employee of a foreign intelligence service, according the prosecutors office. “The accused Hanning is under strong…
Competitors in colourful mermaid tails took to the water in Warsaw for the Mermaid Polska Deepspot Cup, a national contest held in Europe’s deepest pool. They performed acrobatics, raced for speed and waited for judges to assess their skills, while spectators watched through a glass tunnel. For some participants, mermaiding is both a sport and an art form, combining swimming with performance. Judges say the activity is becoming increasingly popular in Poland, particularly among women and children. But the hobby also has a personal side. One competitor says becoming a mermaid helps her slow down and gives her a way…
Two of China’s most closely watched AI developers are edging towards public markets, with Moonshot AI, the company behind the Kimi chatbot, lining up a flotation as rival DeepSeek attracts far more investor cash than it originally sought. Beijing-based Moonshot AI has completed its last private funding round, valuing it at about $50 billion (€44.6bn), up from $31.5 billion (€28.1bn) in a round this summer, according to Bloomberg, which cited people familiar with the matter. It is now preparing an initial public offering in Hong Kong, targeting the first quarter of 2027, that could raise up to $5 billion (€4.46bn),…
Latvian filmmaker Nikolay Shestak has won the $450,000 (€401,000) Grand Prix at the first Astana AI Film Festival in Kazakhstan for his film The First Honest Day, created using artificial intelligence. The First Honest Day explores how people’s actions shape who they become, with bad deeds making its characters physically uglier and good deeds changing them for the better. Shestak, who started directing around four years ago and began making films with AI two years ago, said he did not expect to win. “Honestly, I didn’t expect to win. There were so many incredible works and different genres here that…
The warning comes days before the Irish presidency of the Council of the EU, which is steering the budget talks, is expected to put forward a budget negotiating document with new figures. Von der Leyen had previously hailed the Commission’s budget proposal for 2028-2034 as “the most ambitious ever proposed.” But Tuesday, as negotiations among governments enter crunch time, she struck a more cautious note. In a message to Berlin, von der Leyen recalled that the Commission’s budget proposal represents 1.26% of the European Union’s gross national income — a relatively small increase from the current seven-year cash pot. She also…
Former German intelligence chief August Hanning is accused of obtaining classified information from a former employee of the Federal Intelligence Service (BND) and using it in connection with his private consultancy work. Germany’s Federal Prosecutor’s Office is reportedly investigating the 80-year-old former BND president on suspicion of offences including obtaining state secrets and treason-related espionage. Hanning allegedly continued to receive confidential documents from the intelligence service for years after leaving office. His former chief of staff is suspected of supplying him with the material and has also reportedly been arrested. According to reporting by the “Süddeutsche Zeitung”, the documents included…
Saudi-backed Yemeni forces launched a major offensive to retake areas around the Bab el-Mandeb strait from the Houthis, as Pakistan and Turkey agreed to deploy troops to Saudi Arabia and the Houthis struck Riyadh’s international airport, oil facilities and military bases in a widening war. Yemeni officials said forces allied with the internationally recognised government retook on Monday the crucial town of Dhubab just north of the strait, a vital shipping route connecting the Red Sea with the Gulf of Aden. They also captured the towns of Bab and Hadeid, the officials said, speaking on condition of anonymity. Witnesses said…
By Wessam Al Jurdi & يورونيوز Published on 06/10/2026 – 10:06 GMT+2 Saudi Aramco chief executive Amin Nasser has warned that the world’s oil supply cushion is shrinking. The head of the world’s largest oil company said the Iran war has drained stocks that could help offset further supply disruptions. The effective closure of the Strait of Hormuz, the narrow waterway that typically handles around 20% of the world’s oil and liquefied natural gas supplies, led to major supply disruptions and higher prices, hitting the global economy. Seven months into the war, the global oil stockpile system is “already straining,” said Nasser, speaking…