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DHL to cut 8,000 German jobs in largest layoff in 20 years
German delivery giant DHL cuts 8,000 jobs, largest in decades

BONN, Germany: DHL plans to cut 8,000 jobs in Germany this year, marking its most significant domestic workforce reduction in at least...

Berlin abandons strict debt rules for major spending boost.
Germany to ease debt limit, unlock 1 trillion euros for defense, infra

FRANKFURT, Germany: Germany is set to loosen its strict debt limits in a historic shift that could unlock over 1 trillion euros ($1.08...

Piaggio hits record profit margins in 2024 despite economic challenges
Vespa maker Piaggio posts record margin despite 'anomalous' economy

PONTEDERA, Italy: Italy's Piaggio, the maker of the iconic Vespa scooter, reported record-high core profit margins for 2024 despite...

Prada keeps acquisition options open, CEO Andrea Guerra says
Prada CEO hints at acquisitions amid Versace, Jimmy Choo rumors

MILAN, Italy: Prada CEO Andrea Guerra suggested this week that the Italian luxury brand is keeping its options open regarding potential...

Tesla sales plunge in Scandinavia and France amid EV market shift
Tesla sales down in France, Scandinavia as Musk faces test of brand

OSLO/COPENHAGEN: Tesla is experiencing a sharp drop in sales across Scandinavia and France as shifting consumer sentiment and an aging...

Bulgaria Among Top EU Performers with 3.4% GDP Growth in Q4 2024
Bulgaria Among Top EU Performers with 3.4% GDP Growth in Q4 2024

Bulgaria's economy showed notable growth in the final quarter of 2024, with a 3.4% increase in GDP compared to the same period the...

Europe

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Ireland set to issue record deportation orders in 2025
Ireland to issue record number of deportation orders in 2025

DUBLIN, Ireland: The Department of Justice is on track to issue a record number of deportation orders in 2025, with over 700 orders...

Berlin abandons strict debt rules for major spending boost.
Germany to ease debt limit, unlock 1 trillion euros for defense, infra

FRANKFURT, Germany: Germany is set to loosen its strict debt limits in a historic shift that could unlock over 1 trillion euros ($1.08...

US tariffs threaten Italy’s farm exports, from Prosecco to Parma ham
Italy farm lobby worried about US tariffs on cheese and ham

ROME, Italy: Italy's agricultural sector is bracing for a major hit as U.S. tariffs threaten exports of iconic products like Prosecco...

Ireland braces for economic impact of new US tariffs
Ireland said planning for impact of Trump tariffs on economy

DUBLIN, Ireland: The Irish government is preparing for potential economic fallout from new U.S. tariffs, as concerns grow over President...

Drivers in Ireland overpaid 350,000 euros in tolls in 2024
Ireland's drivers overpaid tolls by more than 350,000 euros last year

DUBLIN, Ireland: Drivers in Ireland overpaid more than 350,000 euros in tolls last year across nine motorways and tunnels, according...

Ireland misses EU emissions targets, risks 27 billion euro in fines
Ireland faces 27 billion euros fine for missing emissions targets

DUBLIN, Ireland: Ireland could face fines of up to 27 billion euros for failing to meet EU emissions targets, a new report has warned....