Author: Euronews

President Volodymyr Zelenskyy has called on the European Commission to step in to avoid what he calls “political manipulation” of a dispute between Ukraine and Poland over agricultural imports. ADVERTISEMENTAs Polish farmers blockaded the border with their war-torn neighbour for a second week in protest over unfair competition, Zelenskyy warned Brussels that unless it intervenes, Moscow could profit from the strained relations between Kyiv and Warsaw.In a video statement published on Wednesday, Ukraine’s President directly urged Polish Prime Minister Donald Tusk to join him personally for talks on the blockaded border crossing, adding that he had also invited a representative of…

Toyota has recently recalled about 280,000 vehicles in the US, due to a transmission issue which could possibly raise the risk of crashes. ADVERTISEMENTToyota recently issued a recall for about 280,000 vehicles in the US. This was primarily due to a transmission issue which could potentially cause cars to keep moving forwards even when in neutral.The move mainly concerns 2023 and 2024 Toyota Sequoia SUVs, as well as certain Lexus LX 600 SUVs and Toyota Tundra pickups. The owners of the vehicles involved will receive notification of the recall by the end of April this year.According to the company, some…

The economic fortunes of the Eurozone’s two titans diverge: Germany faces challenges and continues to be under pressure, while France demonstrates signs of recovery. ADVERTISEMENTIt’s a mixed picture for the eurozone: while the manufacturing sector continues to shrink, the services sector is showing signs of improvement after six months of decline.The latest surveys on private sector activity in the euro area, captured by the flash Purchasing Managers’ Indices (PMIs) from Hamburg Commercial Bank (HCOB), also showed notable differences among the two largest economies: while Germany further deepens its economic contraction, France signs hopes of a recovery.The index varies between 0 and 100,…

Activists in the UK call out firms like Ferrero and Mondelez that cash in on selling unhealthy food to children. ADVERTISEMENTYouth campaign group Bite Back, founded by chef Jamie Oliver, claims that the UK food system is broken and that young people are paying the price.In their ‘Fuel Us, Don’t Fool Us’ report, released on Thursday, they name and shame big companies reliant on junk food products.According to Bite Back, Ferrero and Cadbury-owner Mondelez are the firms with the highest proportion of unhealthy items in their portfolios, with an estimated 100% and 98% of their UK sales coming from junk…

In this edition, we get up to speed on squabbles over EU laws to stop corporate human rights abuse, and create more rights for gig workers. ADVERTISEMENTThis week, we are joined by Isabelle Schömann, Deputy Secretary General of the European Trade Union Confederation, Michiel Hoogeveen, Dutch MEP from the European Conservatives & Reformists, and Martin Porter, Chair of the Cambridge Institute for Sustainability Leadership in Europe.Panellists reacted to an EU law currently being finalised that would make companies responsible for human rights abuses in their supply chain. Critics fear it will add red tape, while NGOs and trade unions say…

Saudi Arabia’s new investment firm Alat announced four partnerships with global companies as the country makes efforts to turn into a technology manufacturing hub. ADVERTISEMENTSaudi Arabia’s new $100 billion investment firm Alat has announced a series of deals with global heavy-weight tech companies, including SoftBank Group and a Chinese surveillance equipment maker Dahua Technology. Alat, a Public Investment Fund company, is one of the latest assets for Saudi Arabia to create a world-class sustainable manufacturing hub in the Kingdom of Saudi Arabia. The first wave of investments included deals with Carrier Corporation and Tahakom, too.”Alat, a PIF company, will deliver sustainable manufacturing to help these global companies reduce…

In this episode of Smart Regions, Euronews Correspondent Aurora Velez travels to Ptuj to see how European funds have helped revitalise a decaying town centre, transforming it into a social hub boasting classic and modern design. The ancient town of Ptuj, in northeast Slovenia, is enjoying a new lease of life. Set on the Drava River, the old Roman settlement oozes charm and timeless elegance but after years of neglect, the industrial heart of the town had fallen into despair.  Home to approximately 23,000 people, it is now a hive of cultural and professional activity.Thanks to donations totalling €4.9 million, the old…

Nvidia’s earnings report exceeded forecasts, with a 22% quarterly and 265% yearly revenue spike to $22.1 billion (€20.46 billion) on the heels of AI-driven growth, driving shares up by 7% post-announcement. ADVERTISEMENTIn a much-anticipated earnings report, Nvidia shattered expectations, delivering a set of results that left analysts and investors astounded by the chipmaker’s staggering financial performance.The company’s quarterly revenue soared to an unprecedented $22.1 billion (€20.46 billion), a 22% increase from the previous quarter and an astonishing 265% rise year-over-year. This figure surpassed the median forecast by Wall Street analysts, which was pegged at $20.395 billion (€18.88 billion).For the fiscal…

Poor understanding of personal budgeting and financial markets has both social and economic costs, officials believe. ADVERTISEMENTEU officials hope that boosting financial literacy will have an economic and social payoff, after a landmark survey found many lag behind in basic budget knowhow.Ministers gather this week in Ghent, Belgium to discuss financial education – but critics worry it’s a distraction from their main task of ensuring a safe financial system.“Financial literacy skills are just about OK, they’re not great,” the European Commission’s Mairead McGuinness told Euronews.She’s still digesting a 2023 study which found just 18% of EU adults have high financial…

While farmers across Europe protest high costs and foreign competition, agribusiness investors continue to fortify their positions in the Spanish and European agricultural sector. ADVERTISEMENTThe European countryside has become one of the most dynamic and profitable sectors on the continent for investment funds and large agribusiness companies.With returns of over 15%, investors have found a haven in agriculture, safe from the economic and geopolitical uncertainties that have shaken the world since the COVID-19 pandemic, the Russian invasion of Ukraine and the disruption of global trade routes.As farmers’ protests continue across Europe, Carlos Fernández, a farmer in Seseña in Toledo, central…