Author: Euronews

President Vladimir Putin is all but guaranteed to win six more years of power in Russia’s upcoming elections. Opponents – many of them behind bars, exiled abroad, or dead – say EU officials must intensify their efforts to hit Moscow where it hurts. ADVERTISEMENTCritics of Russian President Vladimir Putin say the EU must do more to help them crack the elite’s grip on power ahead of a presidential election so tightly controlled by the current Kremlin resident that it leaves no room for any opposition to his 25-year rule.Despite EU efforts to sanction Russian authorities for their full-scale invasion of…

Entrepreneur, futurist and author Dominique Jaurola believes that change is possible through the implementation of new structures for human engagement. ADVERTISEMENTHaving witnessed Nokia’s transformation from a small company into a household name and having helped numerous organisations to navigate change, Dominique Jaurola has launched Hunome, a startup aimed at connecting the dots to foster better understanding.My Wildest Prediction is a podcast series from Euronews Business where we dare to imagine the future with business and tech visionaries. In this episode, Tom Goodwin talks with Dominique Jaurola, CEO of Hunome, about the future of decision-making.A new approach to social mediaMark Zuckerberg…

Xiaomi was one of the few new electric vehicle manufacturers to get approved by China, amidst a rush of prospective new entrants wanting to take advantage of the country’s EV boom. ADVERTISEMENTXiaomi has revealed that it will begin deliveries for its first electric vehicle – named Speed Ultra 7 or SU7 – later this month, marking the Chinese technology company’s entry into the global automobile market.Following the news, Xiaomi’s shares saw their largest intraday jump in over a year, at 11.34%, clocking in at HKD 14.92 (€1.74) at market close on Tuesday.The company’s CEO, Lei Jun, said when announcing the…

Large corporate groups, concentrated local markets and lack of proper information may lead to weakened competition and pet owners being overcharged for their animals’ medicine, the UK competition authority warns. ADVERTISEMENTThe UK’s Competition and Markets Authority (CMA) said it has concerns over a lack of transparency in the veterinarian industry, affecting both pet owners and vets alike. The competition authority said on Tuesday that it received over 56,000 responses from the industry and its clients during a survey conducted last September, suggesting that pet owners may be overpaying for medicines and not being given enough information about treatments.Overcharged pet ownersThe UK’s…

Strong spending in the services sector has seen the UK return to growth. ADVERTISEMENTThe UK’s gross domestic product (GDP) rose by 0.2% in the month to January, according to data released by the Office for National Statistics on Wednesday.The GDP indicator, which measures the nation’s output, offers a glimpse of hope after the UK fell into a shallow recession last year, marked by two consecutive quarters of economic contraction.”While the [overall growth] figure is tiny, the fact it is growing at all is a positive,” said Russ Mould, investment director at AJ Bell.”Investors want the UK’s recession status cast into…

Defence policy is gaining increasing prominence in the European Union, with Brussels putting forward concrete proposals. ADVERTISEMENTDefence, security, autonomy. This vocabulary has become almost a mantra in the speeches of European Union (EU) leaders since Russia’s full-scale invasion of Ukraine in 2022, and this week the European Commission finally announced the first-ever defence industrial strategy.Although it expands existing initiatives to jointly produce ammunition and acquire weapons, it will not create the €100 billion fund previously promised.But it is a first step that can no longer be postponed, said EU diplomacy chief Josep Borrell: “Unfortunately, peace is no longer a given.…

The US House of Representatives has cited data privacy and security concerns as some of the reasons behind this bill. ADVERTISEMENTThe US House of Representatives has just passed a milestone legislation which could potentially see popular social media application TikTok banned in the US. The bill, called the Protecting Americans from Foreign Adversary Controlled Applications Act was first introduced on 5 March and passed with a massive 352-65 vote, while one member voted present.Fifteen Republicans and 50 Democrats voted against the bill.  The bill requires Chinese tech company ByteDance to divest TikTok within the next six months. Failing that, the app…

Aid ship sets sail from Cyprus to Gaza, where hunger is worsening five months into war. ADVERTISEMENTAn aid ship loaded with some 200 tons of food set sail Tuesday from Cyprus to Gaza, the international charity behind the effort said.The shipment is a test for the opening of a sea corridor to supply aid to the territory, where starvation is spreading five months into the Israel-Hamas war.World Food Kitchen, the charity founded by celebrity chef José Andrés, posted on the X social media platform that a ship set sail on Tuesday. Associated Press live footage showed it being towed out…

Novo Nordisk’s remarkable ascent, driven by its revolutionary weight-loss drug Wegovy, has led to a surge in market value and positive analyst outlook. ADVERTISEMENTDanish pharmaceutical powerhouse Novo Nordisk has emerged as one of the standout performers among European mega-cap stocks in the early months of this year, boasting a robust 25% surge year to date.This performance further cemented Novo Nordisk’s status as the largest European company by market capitalisation, reaching almost €550 billion and outpacing the market value of Tesla.Over the past year, the Danish pharma titan has seen its price jump by 80%, a rate of increase unmatched by…

The European Commission has recommended opening EU accession talks with Bosnia and Herzegovina, eight years after the Western Balkan country applied to be a member of the bloc. ADVERTISEMENTAnnouncing her executive’s decision on Tuesday morning in a speech to the European Parliament, Commission President Ursula von der Leyen said: “Since we granted candidate status, Bosnia and Herzegovina has taken impressive steps forward. More progress has been achieved in just over a year than in over a decade.””Of course, more progress is necessary to join our Union. But the country is showing that it can deliver on the membership criteria, and on its citizens’…