Author: Euronews

US investment management firm Oaktree wins Inter Milan after previous owner failed to meet a deadline to repay a debt of nearly €400 million. Source link

The AfD has been marred by multiple scandals over the past few months which has hurt its standing in the polls. Source link

The troubled online car seller Cazoo had recently cut hundreds of jobs as part of a major programme of restructuring in an attempt to survive. Source link

Prime Minister Robert Fico remains “serious”, but worst fears have “passed”, the country’s defence minister told journalists on Sunday. ADVERTISEMENTThe condition of Slovak Prime Minister Robert Fico remains “serious” but worst fears have “passed”, the country’s defence minister told journalists on Sunday.Fico, 59, was shot in the abdomen as he greeted supporters following a government meeting Wednesday in the former coal mining town of Handlova, in an attack that sent shockwaves across the deeply polarized European Union nation.”I think that the worst of what we feared has passed, at least for the moment,” Slovak Defence Minister Robert Kalinak told reporters…

The radical right parties are experiencing a surge in public support, according to the opinion polls. A potential right-wing victory in the election could significantly impact the eurozone’s macro landscape. ADVERTISEMENTWith less than two weeks remaining until the EU elections, a resurgence in support for far-right parties continues to concern mainstream political groups, particularly the European People’s Party (EPP). While current polls still indicate a win for the incumbent leader, Ursula von der Leyen, the potential increase in seats for the radical right could have significant implications for the future of the European Union (EU). The political influence on the EU’s…

About 1,000 demonstrators voiced concern about the rise of ultra conservative ideology in Europe, as right-wing leaders and politicians from countries including Argentina, France, Italy, and Hungary, took part in the Europa Viva 24 conference in Madrid, organised by Spain’s conservative Vox party. ADVERTISEMENTThe demonstration was called by a number of groups in response to the weekend Vox event. The protesters gathered under the slogan ‘All to Colón against fascism’.Many see the meeting in the Spanish capital as a significant step in the international consolidation of far-right ideology.”Here it (fascism) is growing,” one protester said. ”With (Javier) Milei’s visit we are…

UK inflation slowed to 2.3% in April 2024, the lowest since July 2021, down from 3.2% in March, but missed the predicted drop to 2.1%. Core inflation, excluding energy, food, alcohol, and tobacco, rose by 3.9% year-on-year, above expectations. Source link

Recent statistics show that at least half of the population in countries such as Slovakia, Poland and the Czech Republic are exposed to misinformation online. Source link

The new factory highlights a rising trend by pharmaceutical companies to develop production facilities in local markets, to ensure a smoother supply chain and further cement their regional influence. ADVERTISEMENTPharmaceutical giant AstraZeneca is to open a $1.5 billion (€1.38 billion) cancer manufacturing plant in Singapore, as part of a plan to develop and strengthen its  presence around the world.The factory is expected to be the company’s first antibody drug-conjugate (ADC) plant to manufacture the drugs from end-to-end, following AstraZeneca’s recently setting up a vaccine factory in Liverpool at a projected cost of about £650 million.ADCs use targeted antibodies to take…

Russia launched an offensive in the Kharkiv region late last week, significantly adding to the pressure on Ukraine’s outnumbered and outgunned forces which are waiting for deliveries of weapons and ammunition from Western partners. Source link