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Tag: Europe

JD Sports Fined $1.6 Million by UK Regulator Over Merchandise Pricing
(Reuters) — JD Sports said on Tuesday, Sept. 27 that it was being fined about 1.5 million pounds ($1.6 million) by Britain's competition regulator after an investigation into retail prices of certain branded clothing products...
Europe’s Generic Drugmakers May Cut Output Due to Surging Energy Bills
FRANKFURT (Reuters) — Europe's drug makers have warned they may stop making some cheap generic medicines because of surging electricity costs and are calling for an overhaul of the way they are priced, the latest...
Germany, EU Race to Fix Energy Crisis
BERLIN/FRANKFURT — Germany will step up lending to energy firms at risk of being crushed by soaring gas prices, it said on Tuesday, Sept. 13, as Europe readied proposals to help households and industry cope...
Bank of England to Raise Rates to Counteract Inflation: Poll
LONDON — The Bank of England looks set to hike borrowing costs by another 50 basis points next week, although it may opt for an even bigger move, a Reuters poll found, adding to the...
Auto Supplier Aptiv to Acquire 85% of Intercable Unit in EV Tech Push
Auto parts supplier Aptiv Plc. announced on Tuesday, Sept. 13 that it would acquire a majority stake in a unit of Italy's Intercable for 595 million euros ($605.71 million), allowing the U.S. company access to...
Europe sets up to fine and imprison those who heat their homes amid an energy crisis to "flatten the curve"
Europe Chatters About How to ‘Flatten the Curve’ of Energy Demand With Fines, Imprisonment
If you’re starting to have flashbacks of how previously free and democratic societies quickly imported and embodied the notorious Chinese Communist Party’s operational methodology under COVID-19, your fears may have grounds. As Europe faces an...
Europe Heading for Recession as Cost of Living Crisis Deepens
The euro zone is almost certainly entering a recession, with surveys released on Monday, Sept. 5 showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending. While...
Germany Keeps Two Nuclear Reactors on Standby to Weather Gas Crisis
Germany plans to keep two of its three remaining nuclear power stations on standby, beyond a year-end deadline to ditch the fuel altogether, to ensure it has enough electricity through the winter as it faces...
Holland's farmer protests have entered Germany and Belgium
Dutch Farmer Protests Roll Into Neighboring Countries
As infuriated European farmers hit the streets of Germany and Belgium, some occupied the city of Hoogstraten, besieging the City Hall as a tentative apogee. The outrage was directed at the Hoogstraten Council because the...
Fist-sized Hailstones Batter Spain: Eyewitness Reports
Videos posted on Spanish social media on Tuesday, Aug. 30 showed an outstretched hand holding giant hailstones that rained down around the village of La Bisbal d'Emporda. Footage also showed people on a street running...
The German Army is set to patrol streets alongside law enforcement starting Oct. 1.
Germany May Have the Army Patrolling Streets Starting in October
The German army will assist law enforcement starting Oct. 1, possibly resulting in platoons patrolling the streets and coinciding with the return of mask mandates — for the unvaccinated only. “The Russian invasion of Ukraine...
The CEO of a Dutch Rabobank division wants to install social credit masquerading as a carbon credit wallet.
Dutch Bank CEO Proposes Turning Carbon Usage Into a Tokenized Commodity
Barbara Baarsma, CEO of a Netherlands-based bank, created a stir on social media after openly advocating for a communist-style carbon credit system that would tax people for using their freedom of movement rights. “There are...