Latest Europe News

Chevron’s buyback boosts stock, get rebuke from White House

Jan. 26, 2023 13:34 PM EST

Shares of Chevron climbed Thursday after the oil company announced that it would repurchase $75 billion of its stock, one of the largest-ever stock buyback plans. The company’s board also approved an increase of about 6% in its quarterly dividend, to $1.51 per share. ...

Scattered by war, Ukrainian preteens head to hockey tourney

Jan. 26, 2023 07:20 AM EST

MONTREAL (AP) — Sean Bérubé said he thought it was a joke when he was first asked to help assemble a team of Ukrainian preteen refugees, displaced by war and spread out across Europe, to play in a renowned Quebec City hockey tournament. Bérubé, a businessman from the Quebec...

Nobel laureate wants more to help probe Russian war crimes

Jan. 26, 2023 07:06 AM EST

BRUSSELS (AP) — A Ukrainian human rights lawyer who shared last year's Nobel Peace Prize called Thursday for more international investigative and legal help to deal with the staggering amount of war crimes cases since Russia invaded its neighbor almost a year ago. Oleksandra...

Israel’s Herzog urges EU to fight resurgent antisemitism

Jan. 26, 2023 06:55 AM EST

BRUSSELS (AP) — Israeli President Isaac Herzog said Thursday that antisemitism is on the rise in the Western world and urged the European Union to ensure that Jews can live safely on the continent where the Holocaust took place. Speaking at the European Parliament on the eve of the...

SAP to cut up to 3,000 jobs worldwide, mulls Qualtrics sale

Jan. 26, 2023 04:11 AM EST

BERLIN (AP) — SAP said Thursday that it is cutting up to 3,000 jobs worldwide, or about 2.5% of its workforce, after a sharp drop in profits at Europe’s biggest software company. It comes amid a broader wave of job cuts in the technology industry, including mass layoffs at...

Populist billionaire vies with ex-general for top Czech post

Jan. 26, 2023 02:55 AM EST

PRAGUE (AP) — A retired army general who backs military support for Ukraine and a euroskeptic billionaire who has questioned NATO's collective defense clause are contesting for the ceremonial but prestigious post of Czech president in a runoff starting Friday. Former Gen. Petr...

UN forecasts fall in global economic growth to 1.9% in 2023

Jan. 25, 2023 23:13 PM EST

UNITED NATIONS (AP) — The United Nations forecast Wednesday that global economic growth will fall significantly to 1.9% this year as a result of the food and energy crisis sparked by the war in Ukraine, the impact of the COVID-19 pandemic, persistently high inflation and the climate emergency. ...

Manchin pushes to delay tax credits for electric vehicles

Jan. 25, 2023 17:49 PM EST

WASHINGTON (AP) — Ratcheting up his criticism, Democratic Sen. Joe Manchin on Wednesday moved to delay new tax credits for electric vehicles, a key feature of President Joe Biden's landmark climate law. Manchin said guidelines issued by the Treasury Department allow manufacturers...

ESA chief vows to restore Europe's access to space

Jan. 25, 2023 10:49 AM EST

BRUSSELS (AP) — The European Space Agency's director general says it's crucial to rebuild Europe's access to space following the botched launch of a European rocket carrying two Earth observation satellites last year and the delayed introduction of the Ariane 6 launcher. In an...

Germany sees brighter outlook for Europe's largest economy

Jan. 25, 2023 09:59 AM EST

FRANKFURT, Germany (AP) — The German government on Wednesday said it expects to eke out economic growth this year instead of a decline as Europe's largest economy manages its energy divorce from Russia and shells out support for consumers and businesses hit by higher energy costs. ...