Author: Euronews

Published on 11/09/2025 – 14:51 GMT+2 ADVERTISEMENT MEPs voted this week to exempt more than 90% of small-and-medium enterprises (SMEs) from the EU’s carbon border adjustment mechanism (CBAM) — a tax imposed on imports — amid European Parliament plans to simplify existing sustainability laws. The CBAM is an import duty based on the estimated carbon footprint of certain goods like steel and cement, which has been in force in a transitional phase since October 2023. As of 2026, importers will be liable to report on the carbon footprint of their goods, and where applicable pay duty.  With the simplification, small business will be…

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By&nbspAP with Doloresz Katanich Published on 11/09/2025 – 9:27 GMT+2 ADVERTISEMENT In a stunning few minutes after markets opened on Wednesday, stock in Larry Ellison’s Oracle Corp. rocketed more than a third, enough for him to temporarily wrest the title of the ‘wealthiest person in the world’ from its longtime holder, Tesla CEO Elon Musk. But the stock market is fickle, and Musk was back on top by the end of the day, according to Bloomberg, as the software giant gave up some earlier gains. For those keeping score, the difference now is a billion, which isn’t much given the…

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ADVERTISEMENT As education costs continue to rise, the amount of public money invested by EU countries appears to be on the decline. The share of GDP spent by EU countries between pre-primary and higher school is now 4.66% of GDP on average – the lowest since 2013, according to Eurostat data. Considering both EU and extra-EU countries, Croatia sits at the bottom with 1.54% of GDP spent on education, followed by Romania, Serbia and Turkey. Between 2019 and 2022, Zagreb cut funding by 2.38%, the sharpest fall reported across the bloc. Meanwhile, Sweden leads in Europe at nearly 7% followed…

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Published on 08/09/2025 – 10:50 GMT+2 ADVERTISEMENT Supertramp co-founder, co-vocalist and keyboardist Rick Davies has died, aged 81.  The news was announced last night via an official statement shared with Variety, and later announced via the band’s social media accounts.   The statement shared that the British musician died on Friday 5 September at his home in Long Island.  “The Supertramp Partnership is very sad to announce the death of the Supertramp founder, Rick Davies after a long illness,” the statement reads. “We had the privilege of knowing him, and playing with him for over fifty years.”  Rick Davies formed Supertramp in London…

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