Author: Euronews

ADVERTISEMENTRising European energy prices are among the many risks of the current geopolitical crisis, which threatens to block one of the world’s most important fuel shipping routes. Coupled with the trade war sparked by US tariffs, there are fears that the crisis may also drag down the global economy. The World Bank is expecting 2.3% growth for this year, after a 2.8% reading in 2024.Since Israel launched airstrikes against Iran’s military and nuclear infrastructure on 13 June, oil prices have surged by more than 10% globally. High prices and supply disruptions, coupled with the implications of the trade war, are…

By&nbspEuronews&nbspwith&nbspEBU Published on 21/06/2025 – 17:19 GMT+2ADVERTISEMENTAs Russia intensifies its attacks, Ukraine’s President Volodymyr Zelenskyy said Kyiv is developing interceptor drones with the help of its international allies. According to Ukraine’s Armed Forces, Moscow launched 280 drones and missiles towards Ukraine overnight, 260 of which were downed or neutralised. They added that the city of Kremenchuk in the Poltava region was the main target of the aerial attack.The acting head of the Poltava regional military administration, Volodymyr Kohut, reported that direct hits and falling debris struck energy infrastructure, damaging both private homes and apartment buildings, with windows shattered, frames destroyed…

ADVERTISEMENT“A picture is worth 1,000 words, and that means they can really change perceptions of different things in society,” says Elizabeth Wathuti, a young Kenyan climate activist and one of the judges of this year’s Wellcome Photography Prize.On Thursday, the competition from Wellcome Trust – a UK-based charitable foundation focused on health research – revealed its top 25 photos, ahead of the winners being announced next month.The pictures are deeply evocative, capturing thousands of words’ worth of emotion and information about pressing global issues. The health impacts of climate change emerge as a major theme, as well as the resilience…

In a surprise decision, the European Commission has announced it’s withdrawing another key component of the once-flagship Green Deal policy, despite the legislation being close to final approval.

By&nbspAlice Carnevali&nbsp&&nbspTom Goodwin Published on 20/06/2025 – 9:05 GMT+2ADVERTISEMENTThe second season of My Wildest Prediction has come to an end. Over the last eight months, we have delved into the business world through the words of entrepreneurs, researchers, futurists and experts from around the globe.Our goal has been to understand the challenges facing our economy and society, exploring how they affect our lives now and in the years to come.My Wildest Prediction is a podcast series from Euronews Businesswhere we dare to imagine the future with business and tech visionaries.Among other topics, we discussed work. Some guests, like bestselling author Bruce…

The European Commission will opt not to impose immediate financial penalties on Apple and Meta—even if they fail to comply with the legislation by next week’s deadline.

European energy stocks soar as the Israel-Iran conflict drives Brent crude up 20% in June. The EURO STOXX 600 Energy index has gained 8% over the same period, on track for its best month since October 2022.

The “No Space for Bezos” campaign plans to occupy the city’s streets and canals to send the message that the Amazon founder is not welcome in the city, which is already saddled with massive overtourism.

By&nbspEleanor Butler&nbsp&&nbspAP Published on 18/06/2025 – 8:06 GMT+2•Updated 10:05ADVERTISEMENTEuropean shares showed a slight rise in early trading and oil prices remained high on Wednesday as investors tracked the escalation of the conflict in the Middle East.US benchmark crude oil was down around 0.43% at $74.52 per barrel, while Brent, the international standard, slipped around 0.52% to $76.05, although both WTI and Brent remain high on the month.Crude prices rose more than 4% on Tuesday after US President Donald Trump left a Group of Seven summit in Canada early and warned that people in Iran’s capital should evacuate immediately.Within about eight…

Authorities seized several explosives, firearms — some built with 3D printers — and rounds of ammunition and knives in the operation, police said in a statement.