Ryanair has prepared for an “armageddon situation,” amid the jet fuel crisis, the budget airline’s chief financial officer told CNBC Monday. “Do we have plans for some kind of Armageddon situation? Of course, we do, but I don’t see that coming to pass. As things stand, we’re operating a full schedule this summer, and plan…
MILAN and BELFAST — In January, French multinational corporation Renault Group announced it was partnering with another France-based startup, Turgis Gaillard, to produce up to 600 drones per month for the French Ministry of the Armed Forces. But Renault, known continent-wide as a car producer, is being very careful in how it is describing that…
US president says EU ‘not complying’ with current trade deal; launches latest tariffs amid global economic uncertainty. Published On 1 May 20261 May 2026 United States President Donald Trump has said he will increase tariffs on automobiles from the European Union to 25 per cent. The announcement on Friday could jolt the world economy at a…
European airlines will fail if the price of jet fuel remains elevated over the summer, the CEO of budget airline Ryanair warned. Speaking to CNBC on Thursday, CEO Michael O’Leary said that his airline was protected because it had hedged 80% of its fuel but predicted “real failures” for other airlines if the price of…
LONDON — European stocks are expected to open higher on Tuesday as investors await Washington’s response to Iranian peace proposals and look ahead to earnings reports from several regional companies. The U.K.’s FTSE 100 index is seen opening a touch higher, with Germany’s DAX up 0.23%, France’s CAC 40 up 0.34% and Italy’s FTSE MIB 0.3%…
Underscores has announced a 2026 UK and European tour, as well as an upgrade to the previously-announced North American tour due to demand for tickets. The Hyperpop musician, real name April Harper Grey, will be touring in support of third album ‘U’, released last month. Beginning in late October, the UK and European leg of…
Esme Hamilton held off a challenge from fellow Englishwoman Cara Gainer to win her first European Tour title at the South African Open. Hamilton started the day as joint leader with Slovenia’s Pia Babnik and stayed the course to finish two shots clear of Gainer. The 26-year-old endured a difficult front nine, picking up a…
Shorouk Express Moscow accuses Poland of ‘legal tyranny’ after citizen arrested in Warsaw Moscow has accused Poland of “legal tyranny” following the arrest of a Russian archaeologist at Ukraine’s arrest. Alexander Butyagin, an employee of the State Hermitage Museum in St Petersburg, was detained on arrival in Warsaw, according to Russia’s foreign ministry. The ministry…
Shorouk Express “I am trying to explain to the Chinese that their trade surplus is untenable and that they are killing their own customers, mainly by not importing much from us,” the French leader said. A similar imbalance exists between Europe’s €232 billion investment stock in China — the total value of accumulated portfolio investments…
Shorouk Express More airlines around the world announced delayed or cancelled flights Saturday following an Airbus alert that up to 6,000 A320 aircraft may require upgrades. The 6,000 A320 planes make up around “half the European firm’s global fleet”, according to BBC reports, but experts say the update is relatively simple and planes should soon…
