Higher Europe air fares inevitable due to Iran war, says industry lead

Flying by air will get more expensive as oil prices remain high, says international industry body boss.

Lithuania Says US Paused Rotation of Troops to Europe - Bloomberg.com

Lithuania Says US Paused Rotation of Troops to Europe  Bloomberg.com

War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?

Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soared It was a dark Friday for Wall Street on 27 March. Oil prices were climbing and the war with Iran raged on. Markets responded accordingly, with the Dow and Nasdaq entering correction territory, falling more than 10% below their peak, after a month of selloffs. Fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better. Oil prices were h...

By Lauren Aratani and Andrew Witherspoon

How did the US and China tell 2 different stories about the summit?

Statements issued by China and the United States after their summit on Thursday revealed stark contrasts in each side’s priorities. Washington focused on trade, fentanyl and Iran, while Beijing emphasised Taiwan, stabilising bilateral ties and Trump’s compliments about President Xi Jinping. Trump’s state visit to China marks the first trip to the country by a US president in nine years and it began in the morning with more than two hours of talks between Xi and his US counterpart Donald Trump...

By Fan Chen

Who is Mario Draghi, this year's Charlemagne Prize winner?

The Charlemagne Prize honors those who advance European unity. This year's winner is Italy's Mario Draghi, a former European Central Bank chief and a key architect of European stability during a time of economic crisis.

The stock market is breaking the rules of the inflation playbook. Here is what is different this time

A look at which assets are following the script, and which aren’t, on day 75 of the war

By Steve Goldstein

UK must seek closer trade ties with EU to reverse economic damage of Brexit, think tank warns

Trade with Europe has ‘undershot ambition’, says Resolution Foundation

By Simon English

Pentagon announces tie-up with Palmer Luckey's Anduril & three other defence tech startups

The Pentagon is forging new partnerships with companies like Anduril and Leidos to rapidly boost US strike capabilities. The Low-Cost Containerized Missiles (LCCM) program aims to procure over 10,000 affordable cruise missiles by 2027, while a separate deal with Castelion will scale low-cost hypersonic solutions. This initiative emphasizes speed, innovation, and private sector investment to rebuild America's military might.

By TOI TECH DESK

Central European Media Enterprises Joins ACE Anti-Piracy Coalition

Central European Media Enterprises has joined the Alliance for Creativity and Entertainment, the coalition tasked with fighting piracy worldwide. CME is a media and entertainment company operating in Central and Eastern Europe. It operates television stations in Bulgaria, Croatia, the Czech Republic, Romania and Moldova, Slovakia and Slovenia. The ACE coalition, launched in 2017, is […]

By Ted Johnson

Toyota steadily accelerating its transition to electric mobility

Toyota Motor Europe is continuing to strengthen its presence in the European market vigorously, recording significant growth in sales of all-electric models during the first quarter of 2026. According to the company’s official figures, sales of Battery Electric Vehicles (BEVs) increased by 79 per cent compared with the same period last year, confirming the steady […]

Pentagon considering renaming Iran war 'Operation Sledgehammer' if ceasefire fails - report

A new operation name could allow the Trump administration to distinguish renewed strikes from Operation Epic Fury, NBC reported.

Bessent sees ‘substantial disinflation,’ says U.S. leads in AI - CNBC Interview

Europe must be more assertive with US, adopt 'pragmatic federalism' - Draghi

(ANSA) - AACHEN, MAY 14 - Former European Central Bank President and Italian premier Mario Draghi said Thursday that the European Union should be more assertive with President Donald Trump's United States and adopt "pragmatic federalism" to be more decisive as he received the Charlemagne Prize in Aachen. "The partner we still depend on has become more confrontational and unpredictable," Draghi said. "Europe has sought negotiation and compromise. For the most part, it hasn't worked. "A posture...

By ANSA

Europe's Dependence On US LNG Set To Surge

Europe's Dependence On US LNG Set To Surge By Irina Slav of OilPrice.com The European Union’s dependence on liquefied natural gas from the United States is set to rise significantly, reaching 80% of all LNG imports in two years, the Institute for Energy Economics and Financial Analysis has warned. In a report cited by Reuters, IEEFA noted that the European Union already imports significant volumes of U.S. liquefied gas, creating a potentially risky dependence on a single supp...

By Tyler Durden

Iran War: Tanker War Lite as Trump Comes Even More Unglued and Real Economy Damage Becomes More Visible

Today's Iran war update: The contest over control of the Strait of Hormuz continues as Congresscritters and the press tally war costs.

By Yves Smith

Hormuz sees renewed attacks while US, China discuss Iran war

The Iran-blockaded Strait of Hormuz saw a series of new attacks Thursday, a world away from Beijing, where Donald Trump discussed the Iran war with China's President Xi Jinpin...

NATO concludes Steadfast Deterrence 2026 exercise in Europe

On May 13, NATO concluded the Steadfast Deterrence 2026 military exercise.

Netflix to offer cheaper ad-laden plans to Dutch subscribers

Netflix is rolling out a new subscription model in the Netherlands next year that will allow subscribers to pay less...

By Lauren Comiteau

Iran says no US visas issued yet for 2026 World Cup

"We have not received any account from the other side regarding who has been granted visas. No visas have been issued yet," he added. The post Iran says no US visas issued yet for 2026 World Cup appeared first on Vanguard News.

By Ayobami

Mitsotakis at the Charlemagne Prize ceremony for Draghi: Europe risks not being the author of its own future

He praised the former ECB president’s contribution during the debt crisis, describing his historic stance as decisive for saving the euro and preserving the resilience of the eurozone The post Mitsotakis at the Charlemagne Prize ceremony for Draghi: Europe risks not being the author of its own future appeared first on ProtoThema English.

By Newsroom

Netflix launching cheaper subscription with advertisements in Netherlands next year

Netflix will launch a cheaper subscription with advertisements in the Netherlands next year.

By 88783

Warsaw denies reports of cancelled US troop deployment to Poland

Leading US media outlets have reported that the deployment of almost 4,000 American troops was cancelled at the last minute.

By Daniel Tilles