Author: Euronews

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. The most effective RTO policy is to make working at the office feel more like working from home, Samu Hällfors writes. ADVERTISEMENTAs more and more firms enact strict Return-to-Office mandates, the ultimate costs of these new policies are coming to light. Forcing employees back to the office is, in most companies, creating an exodus of talent.Employees are standing their ground: dating app Grindr saw nearly half of its workforce quit after the company mandated that all workers…

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. Borrell is openly and candidly saying that the creation of a Palestinian state is both the means and ends of the process — all other pesky issues, such as peace, prosperity and security, for both Israelis and Palestinians, are just a side issue, Ohad Tal writes. ADVERTISEMENTSometimes in life, there are extreme moments of clarity.The invasion of death, kidnap and rape squads by Hamas into Israel on 7 October was such a moment. For many years, the conception…

Several European countries reported upbeat services and manufacturing data, the last indicators ahead of the ECB’s monetary policy meeting on Thursday. ADVERTISEMENTMajor European economies expect improvement in their manufacturing sector, according to the latest flash purchasing managers’ indices (PMI) from Germany, France the UK and the Eurozone for January, which register sentiment among businesses. Although most of the data was fairly optimistic and showed advances from December, the majority of the numbers were still in contraction territory, sitting below 50. The services sector PMIs, however, suggested further deterioration across the bloc. Germany manufacturing PMI hits 11-month highThe German HCOB manufacturing PMI rose to 45.4…

The EU’s executive has ventured further into the realm of national security with new rules to oversee, examine and possibly prohibit foreign investments in strategic sectors, like AI, microchips and biotech. ADVERTISEMENTThe European Commission on Wednesday unveiled a new proposal that would provide it and member states with a more detailed picture of foreign direct investment (FDI) that carries high risks for security and public order.Quantum technology, cloud computing, robots, drones, virtual reality, advanced sensors, 6G networks, nuclear fusion, hydrogen, batteries and space surveillance, as well as military equipment, would also fall under the legislation.The level of risk would be…

The change comes as the government seeks to clean up its country’s financial image. ADVERTISEMENTCyprus has made headway in weaning itself off Russian cash and business as it tries to clean up its image, according to official figures. A team of visiting US officials is helping the government look at cases of alleged sanctions-busting.Russian deposits held in Cypriot banks reportedly fell 76% from 2014 to 2022, while Ukrainian deposits shrank by 67%. The number of Russian clients using Cypriot banks dropped by 82% in the same period, while Ukrainian clients fell by 54%.For years, the Mediterranean island was known as…

The streaming giant gained over 13 million subscribers in the three months to December, claiming password-sharing crackdown a success. ADVERTISEMENTNetflix defied Wall Street expectations in the closing months of 2023 by gaining 13.1 million subscriptions in their final quarter, according to their new earnings report.This was the best three-month figure recorded since the pandemic year of 2020, and brings Netflix’s total subscribers to 260.3 million globally.The streaming platform also reported an operating income (profit minus operating expenses) of $1.5 billion (€1.38 billion) in their final quarter, up from $550 million a year earlier.”These latest results reaffirm that Netflix is firmly…

Frustration over the delay in North Macedonia’s EU accession is creating an opening for Russia to sow discord in the country through an “arsenal” of hybrid warfare, the country’s foreign minister has warned. ADVERTISEMENTBujar Osmani told Euronews on Tuesday evening that Russia is using targeted disinformation campaigns – including online trolling and fake news – to “fracture the social fabric of society” in the country and the wider Western Balkans and stall their accession to the EU. “Obviously Russia designed disinformation in order to keep North Macedonia from achieving its strategic goals, which is NATO and EU membership,” Osmani said.”The frustration that is…

Tax and spending reforms are necessary in the country where the public debt is 140% of the gross domestic product, states a new report from the OECD. ADVERTISEMENTTightening the belt is one of the key measures to uphold long-term growth in Italy, stated the Organisation for Economic Cooperation and Development (OECD) in their Economic Survey of Italy that takes a close look at the country’s prospects. The report acknowledges that Italy’s economy has weathered recent crises successfully but warns it is now slowing amid tightening financial conditions. To secure strong and sustainable growth over the long term, the OECD is recommending…

The overall cost of end-of-life services in the UK has reached an unprecedented amount, meaning that it’s not just getting expensive to live in the country, but to die there too. ADVERTISEMENTDying in the UK is becoming increasingly expensive due to soaring funeral costs over the past two decades, made worse recently by persistent inflation, according to new figures. A new report by financial services firm SunLife shows that the overall cost of dying in the UK can set you back as much as £9,658 (€11,258), which covers fees for administering an estate, a basic funeral service, and optional extras…

Houthi attacks in the Red Sea have disrupted crucial trade routes between Europe, the Middle East, and Asia, leading to concerns of renewed inflationary pressures. ADVERTISEMENTRerouting by major shipping companies and potential disruptions in the Suez Canal pose challenges for Europe, with inflation and energy price fluctuations becoming significant worries.Recent events in the Red Sea, involving attacks by the Iran-based Houthi group, have disrupted the maritime navigation sector, pivotal for trade between Europe, the Middle East and Asia, raising concerns about the potential resurgence of inflationary pressures.The ensuing fear has led to major shipping companies altering their routes to avoid…