Latest Europe News
Tech industry job cuts come rapidly and in big numbers
In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. However, even...
Unprecedented profit for Exxon as travel, and war, heated up
NEW YORK (AP) — Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods. The energy giant brought in $55.7 billion in annual profits, exceeding its previous record of $45.22 billion in 2008,...
Feds drop lobbying probe of retired general, lawyer says
WASHINGTON (AP) — The Justice Department has dropped its probe of retired four-star Gen. John Allen for his role in an alleged illegal foreign lobbying campaign on behalf of the wealthy Persian Gulf nation of Qatar, his lawyer told The Associated Press. Attorney David Schertler...
Who benefits? Spain, Catalan separatists dispute EU ruling
BARCELONA, Spain (AP) — The European Union’s top court issued a ruling Tuesday that allows Spain to make another attempt to seek the extradition of a former Catalan separatist politician living in Brussels. But the Court of Justice of the EU introduced several caveats that do...
Adult Happy Meals, McRib, feed McDonald's sales in Q4
Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices. But the company warned that inflation __ particularly in Europe __ will continue to weigh on its operations this year. Global same-store...
EU lawmakers move to lift immunity of scandal suspects
BRUSSELS (AP) — An influential committee at the European Union’s parliament voted unanimously on Tuesday to lift the protective immunity of two lawmakers being sought by Belgian authorities on suspected links to a major corruption scandal. The European Parliament’s legal...
Europe scrapes out economic growth by dodging gas disaster
FRANKFURT, Germany (AP) — Europe’s economy scraped out meager gains at the end of last year as galloping inflation fed by high energy prices and Russia’s invasion of Ukraine deterred people from spending in shops and restaurants. Economic output crept 0.1% higher in the last...
Cyprus picks new president amid economic doubt, ethnic split
NICOSIA, Cyprus (AP) — Cypriots are voting Sunday for a new president who they’ll expect to decisively steer the small island nation through shifting geopolitical sands and uncertain economic times that have become people's overriding concern, eclipsing stalemated efforts to remedy the...
10 years after EU's 'never again' tragedy, little's changed
BRUSSELS (AP) — A decade ago this year, the head of the European Union’s executive branch stood, visibly shaken, before rows of coffins holding the corpses of migrants drowned off the Italian island of Lampedusa. Some of them, small and bone-white, contained the bodies of infants and children....
Croatia's president criticizes tank deliveries to Ukraine
ZAGREB, Croatia (AP) — NATO-member Croatia’s president on Monday criticized Western nations for supplying Ukraine with heavy tanks and other weapons in its campaign against invading Russian forces, saying those arms deliveries will only prolong the war. Zoran Milanovic told...
