Sunday, August 23, 2026

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News - World

Stellantis plunges on $27 billion bill for EV pullback

The move is the biggest in a series of writedowns as many Western automakers pull back from battery-powered models in response to Trump administration...

More storms coming as Leonardo swells rivers, bursts aquifers in Spain and Portugal

Over 7,000 people have been forced to leave their homes in the Andalusia region so far amid a so-called "storm train" in which several...

Norway set to probe Epstein revelations as scandal reverberates round Europe

The release of an enormous cache of new files last week has revealed a host of new Epstein connections with politicians, royals and the...

Bitcoin claws up to $65,000, set for largest weekly drop since late 2022

The world's largest cryptocurrency was last up 4.4% at $65,894.20, clawing back losses after having slid 5% to hit a low of $60,008.52 earlier...

Pricier iPhones? Global memory chip crunch puts spotlight on Apple

The iPhone maker predicted strong sales growth last week, spurred by demand for its iPhone 17 models International News via Reuters: As the global memory chip...

FTSE 100 rises as heavyweight banks offset RELX drop

The blue-chip index was up 0.2% at 1133 GMT, on track to post a second straight weekly gain, also helped by the Bank of...

Storm Leonardo flooding kills man in Portugal, woman swept away in Spain

Leonardo is the latest in a wave of half a dozen winter storms to hit Portugal and Spain since the start of 2026, killing...

Mexico arrests mayor of Tequila for extorting distillers in alleged cartel scheme

The case exposed the dangers firms face when operating in Mexico, particularly in the tourist and industrial hub that props up a multi-billion-dollar sector...

Environmental groups sue EU commission over Portugal’s lithium mine

Local residents' association United in Defence of Covas do Barroso and ClientEarth group said they filed the lawsuit with the EU's Court of Justice...

European corporate outlook improves, but earnings overall expected to fall

European companies are expected to report a 3.1% drop in 2025 fourth-quarter earnings, on average, according to LSEG I/B/E/S data, slightly better than ‌the...

BP seeking partner at one of Middle East’s oldest oil fields, Bloomberg says

A process to identify potential investors is under way, the report said, adding that the timing of any agreement remains uncertain and could extend...

BoE’s Bailey welcomes Warsh as Trump’s choice to lead U.S. Fed

Bank of England governor Andrew Bailey on Thursday welcomed U.S. President Donald Trump's choice of former Federal Reserve Governor Kevin Warsh to head the...
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