Author: Euronews

Efforts are underway to establish the cause of the blaze that burned Skopje’s Universal Hall to the ground. ADVERTISEMENTA major landmark in North Macedonia has been reduced to ashes after a mysterious fire.The incident at Skopje’s Universal Hall claimed no victims, but the building sustained serious damage. The blaze was quickly contained by emergency responders.The concert hall was built following the country’s disastrous earthquake in 1963, drawing on funds from 35 countries. Culture Minister Bisera Kostadinovska-Stojchevska commented, “I am sad that we are here for this reason. I am pretty disturbed by the scene behind us.”This morning, around 9, we were informed that…

More than 60% of shareholders backed the decision to raise Pascal Soriot’s pay packet, solidifying his position as the highest earning FTSE 100 boss. Source link

A miscaptioned video has been doing the rounds on social media, allegedly showing an Iranian missile strike on Tel Aviv, and was even promoted as legitimate by X’s new AI chatbot. The Cube investigates. ADVERTISEMENTA misleading video is circulating online, allegedly showing a barrage of Iranian strikes on the Israeli city of Tel Aviv earlier in April, which has supposedly gone up in flames.But not everything is as it seems.The video is usually accompanied by some sort of caption describing intense missile strikes that have caused widespread destruction.”The fires of hell are burning”, one such post says.It was shared in…

JPMorgan reports a 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls. ADVERTISEMENTThe largest US bank JPMorgan kicked off earnings season with a modest 6% annual rise in first-quarter profits on Friday, however, CEO Jamie Dimon warned that inflation and geopolitical risks may impact the bank’s operations in the future. Most metrics of JPMorgan’s business were solid for the year’s first three months. The lender earned a profit of $13.42 billion (€12.62 billion), or $4.44 a share. JPMorgan’s results were impacted by a $725 million one-time charge to the Federal Deposit Insurance Corporation.While investment banking revenues were largely flat,…

European Union countries willing to recognise the State of Palestine should move in tandem in order to “trigger significant progress” in building peace in the war-torn region, European Council President Charles Michel has said. Source link

As the ECB hints at potential interest rate cuts, contrasting with expectations of delayed US Fed easing due to high inflation, the euro faces downward pressure, hitting a six-month low below 1.07 against the dollar. Source link

The Belgian federal prosecutor has opened an investigation into EU lawmakers accused of receiving payments for spreading pro-Russian propaganda. Source link

February’s expansion in national output raises hopes that the UK is moving out of a recession. Source link

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. Usually with no leg to stand on, the objective of these claims is to disrupt and clog the system and cause chaos, Pieter Cleppe writes. ADVERTISEMENTLong gone are the days when politics was confined to parliaments. Apart from the growingly politicised and polarised media, the courtroom is increasingly becoming a political venue, with third-party litigation funding being particularly concerning.Both in Europe and the US, there has been increased scrutiny of third-party litigation funding. This is a phenomenon where claimants…

The European stock markets will likely end the week in the red for the second straight week due to surging bond yields, despite the European Central Bank’s hint for a June rate cut. Source link