Wind farm cables triggered huge wildfire in Greece
The blaze began on Friday morning near Agios Vasileios in the Boeotia region at a site known as Mavro Spithari.
Economy
Latest reporting and analysis on economy.
Danube drought shuts Hungary’s only nuclear plant as Brussels weighs emergency talks
The European Commission has said it stands ready to convene emergency electricity talks after Hungary lost nearly half its generating capacity.
European Commission opens bidding to build seven AI gigafactories
Brussels is betting €10 billion of public money will draw in twice as much private capital for European computing power.
Australian regulator says Telegram breached online safety law
Australia's eSafety Commissioner has filed court action against Telegram for failing to remove pro-terror content, risking a penalty of AU$54.6 million.
Trump unveils rebuild of Washington’s Dulles airport
The 10-year programme would retire the mobile lounges that have shuttled passengers since 1962 and hand the bill to airlines and bondholders.
BMW joins Germany’s car industry cuts with 8,000-job reduction plan
The Munich-based manufacturer plans to reduce its global workforce by around 8,000 positions by the end of 2027, with most of the cuts expected to come from Germany…
European Commission opens interest-free loan scheme for electric vehicle battery makers
Applications for the Battery Booster Facility close on September 30, with a ceiling of €500 million per project.
Merz demands hundreds of billions in cuts to next EU budget
The German Chancellor used a visit to Dublin to harden Berlin's line as Ireland takes charge of the negotiations on the 2028-2034 spending package.
Google rivals line up damages claims after first EU digital markets fine
Lawyers and litigation funders say the European Commission ruling has handed price comparison sites fresh ammunition in courts across the bloc.
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Polish president blocks windfall tax on fuel companies with court referral
In the Nawrocki's view, the legislation violates the constitutional principle that laws should not apply retroactively.
France passes worst fire season on record as arson arrests mount
Prime Minister Sébastien Lecornu said nine out of 10 blazes were started by people, as the European Commission sent further aircraft to the Gironde.
Lyon-Turin railway clashes cause €1 million in damage
Clashes over the Lyon-Turin railway line resulted in one million euros in damage, with Prime Minister Meloni condemning the violence and highlighting injuries among…
France and Germany seek joint line on EU car rules and European content
Paris and Berlin have promised a common position on the bloc's automotive package and its "Made in Europe" requirements by the end of summer.
Energy prices tumble across Europe as US and Iran pause strikes
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ECB puts new euro banknote designs to a public vote
Europeans have until September 21 to give their views on ten shortlisted proposals, though the final choice rests with the bank's Governing Council.
US House votes to end Iran war as oil price tops hundred dollars
Four Republicans joined Democrats to rebuke President Donald Trump, though a binding measure failed in the Senate hours later.
China’s Geely to build electric SUVs at Ford’s struggling Spanish plant
The Valencia factory currently produces only the Kuga and has been operating well below its full capacity, making the partnership important for its long-term future.
EU states win power to confiscate and sell Russian oil cargoes
The measure closes a legal gap that has forced European authorities to release every detained shadow-fleet tanker with its crude still on board.
ECB leaves rates on hold as renewed Iran war clouds inflation outlook
Christine Lagarde said the full inflationary impact of the energy shock had yet to play out.
EU fines Google €890 million, risking US fury
The EU has fined Google €890 million for violating competition laws by favoring its services over rivals, a decision that could worsen US-EU relations.
Cleaner air may be driving Europe’s increasingly intense heatwaves
Researchers found that the reduction in European sulphate emissions altered temperature patterns between different parts of the Northern Hemisphere.
Porsche to cut up to 6,000 jobs amid deepening crisis
In previous years these bonuses and special payments could reach several thousand euros when the company was performing strongly.
Trump approves landmark nuclear deal with Saudi Arabia
The agreement is expected to be submitted to Congress for review and could be worth tens of billions of dollars for the US nuclear industry.
Norway’s national oil company’s profits double amid war on Iran
The company reported adjusted earnings before tax of $11.48 billion (€10.06 billion) for the three months to the end of June.
Telefónica cuts one in six jobs at its German mobile operator
The O2 owner has set aside hundreds of millions of euros to shrink its workforce and retail network before the end of the year.
‘VPNs are lawful technical tools,’ says EU Court in landmark Anne Frank copyright ruling
The decision is notable because VPNs have increasingly come under political and regulatory pressure in Europe.
European Commission sets up expert group on AI
The bloc's renewed social agenda also promises a law on quality jobs before the end of the year, though the EU remains far short of its 2030 poverty and training…
Macron blocks environment minister’s exit over pesticide law
Barbut announced this morning that she would resign after accusing the government of reneging on commitments to oppose provisions allowing the possible return of…
Rogue OpenAI AI models escaped sandbox and hacked other company during security test
The company said it had recorded more than 17,000 attacker events during its investigation.
Spain backs Hernández de Cos in first bid for ECB presidency
Madrid has never held the eurozone's top monetary post and is moving early as speculation grows over Christine Lagarde's departure.