Author: Euronews

The project, estimated to cost around €4 billion, is expected to become operational within five years under an ambitious timeline set by both governments.

ADVERTISEMENTEurope’s largest pharmaceutical firm reported first-quarter earnings that exceeded analysts’ expectations, but lowered its full-year guidance. Novo Nordisk now forecasts 2025 sales growth between 13% and 21%, and operating profit growth between 16% and 24% at constant exchange rates (CER), down 3 and 5 percentage points respectively from previous projections.“We have reduced our full-year outlook due to lower-than-planned branded GLP-1 penetration, which is impacted by the rapid expansion of compounding in the US. We are actively focused on preventing unlawful and unsafe compounding and on efforts to expand patient access to our GLP-1 treatments,” chief executive, Lars Fruergaard Jørgensen, said.Despite…

UBS agreed to pay hundreds of millions of dollars to settle the US tax probe into Credit Suisse after a two-year investigation. UBS said that it was “not involved in the underlying conduct and has zero tolerance for tax evasion”.

ADVERTISEMENTGermany’s conservative CDU/CSU political union and the centre-left Social Democrats (SPD) have signed off on a coalition deal in Berlin which paves the way for a new government to be sworn in on Tuesday.CDU party leader Friedrich Merz, set to be sworn in as Germany’s new chancellor, pledged that the three parties would “vigorously get to work.””We know that it is our almost historical obligation to lead this coalition to success. We are determined to do this together,” he said ahead of the signing.Responsibility for GermanyThe motto of the 144-page coalition agreement is “Responsibility for Germany.””Germany can successfully master every…

ADVERTISEMENTNewsmax, named as one of the US’ top 12 news brands by Reuters Institute and a leading supplier of Conservative news, saw its share prices soar over 2000% in April after going public on the New York Stock Exchange on 31 March 2025.Self declared as US President’s “favourite US channel”, Newsmax first began in 1998 as a digital media company, with the cable news organisation only launching in 2014.  In this episode of The Big Question, co-founder and CEO of Newsmax Chris Ruddy joined Angela Barnes to discuss the secret behind their success. Is Donald Trump the secret to Newsmax’s success?US President…

Russia launched an attack with 165 drones over Ukraine from Saturday into Sunday, according to Ukraine’s armed forces.

ADVERTISEMENTWith the current volatile global economic environment, retirement planning has become all the more important. Escalating trade tensions, along with sticky-high inflation and relatively high interest rates in several parts of the world have made it vital for people to protect their assets against market fluctuations. Upcoming changes in pension and inheritance tax rules in the UK could also make planning your retirement trickier. Joshua White, financial expert and head of growth at Level Group, a lender specialising in family law, said in a note: “From April 2027, the rules around pensions and inheritance tax will change significantly, as most unused pension funds…

ADVERTISEMENTGermany’s foreign ministry pushed back in an extraordinary exchange with US Secretary of State Marco Rubio after he criticised Germany’s intelligence decision to label the far-right Alternative for Germany (AfD) party as “right-wing extremist”.The dispute grew on Friday, involving Germany’s foreign office, Rubio, US Vice President JD Vance and Elon Musk. It comes just before the 80th anniversary of Nazi Germany’s defeat and as Germany prepares to elect Friedrich Merz as chancellor after a coalition deal was reached last week.The US government has strongly condemned the decision by Germany’s domestic intelligence agency to categorise the AfD as “right-wing extremist”.The “right…

Private equity companies are increasingly showing an interest in hotels, resorts and restaurants, in an attempt to convert them into higher-performing assets for a successful exit.

In an interview with Euronews, Sweden’s PM Ulf Kristersson said integration needs to be controlled and backed upping migrant return grants from €900 to €32,000.