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European low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual net profit after three years.
There’s a widespread view that populism is on the rise, from the United States and Turkey to India and Hungary.
Romanian President Klaus Iohannis on Thursday rescinded his bid for the leadership of the NATO military alliance and threw his support behind the favorite contender for the post, Dutch Prime Minister Mark Rutte.
To truly understand populism, we have to take the long view. In the 1960s, populist parties won, on average, 5.4% of the vote in Europe – while today, following the European Parliament elections on June 9, more than 20% of the electorate trusts them with their vote.
European Union countries approved a flagship policy to restore damaged nature on Monday, after months of delay, making it the first green law to pass since European Parliament elections this month.
At the G7 summit in Italy, the member countries agreed on a plan to give Ukraine a $50 billion loan to help it buy weapons and begin to rebuild damaged infrastructure. The new loan comes at a crucial moment in the war, when Russia has the momentum on the battlefield.
LONDON/BRUSSELS -- The European Commission announced on Wednesday import tariffs of up to 38% on Chinese electric vehicles, after its investigation found that producers in China benefited from "unfair subsidies" throughout their supply chains -- from lithium refining to the transportation of the final products.
Russia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year.