Author: Euronews

AstraZeneca continued to see strong earnings boosted primarily by its oncology branch, as well as its respiratory and immunology segment. Source link

Spanish prime minister Pedro Sánchez has said he may well step down after his wife was accused of corruption. Source link

German consumers are feeling more upbeat about economic prospects, as well as expecting to be buying more next month. ADVERTISEMENTConsumer confidence in Germany is edging up, according to the newly released German GfK Consumer Climate Indicator for May.German consumer confidence came in at -24.2, a rise from the -27.3 of April and better than market expectations of -25.9, according to the GfK Group.  The figure is the highest in two years, boosted mainly by income expectations jumping to their highest number since January 2022, at 10.7 against -1.5 in the previous month.Furthermore, economic prospects also rose to 0.7, up from…

As Members of the European Parliament gathered in Strasbourg for the last plenary session before June’s elections, Euronews asked the presidents of major political groups to reflect on the highs and lows of the past five-year mandate. Source link

The world’s biggest mining group hopes to take over its troubled rival in a bid to boost copper production. Source link

Poland’s Foreign Minister Radek Sikorski told parliament on Thursday that a Russian attack on NATO would result in a defeat for Moscow, but NATO must bolster its defenses. Source link

The Facebook parent company, Meta Platforms, reported first-quarter earnings that topped market expectations. However, its shares plunged 15% due to weaker-than-expected second-quarter revenue guidance and an increased spending plan for artificial intelligence. ADVERTISEMENTThe parent company of Facebook, Meta Platforms, has reported first-quarter earnings that significantly exceeded market expectations. However, shares of the social media giant dropped approximately 15% in after-hours trading due to weaker-than-expected sales revenue guidance and higher-than-anticipated expenses for the current quarter. This has raised concerns about whether the ongoing performance of the tech giant can justify its 39% year-to-date rally.Meta stands as the second-best performer among US big…

A video of the case that Nicaragua has brought against Germany at the ICJ for allegedly facilitating genocide in Gaza has been taken out of context. The Cube investigates. Source link

European electric vehicles are unaffordable for a large number of Europeans, said the EU’s external auditor body. Source link

Ilaria Sali was detained in Hungary on charges of having assaulted neo-Nazi extremists. Now she is running in the European elections. Source link