Mercedes-Benz is going all-in on cost cuts after seeing its profits drop significantly, with the blame mostly on weak demand in China. The German luxury carmaker kicked off a cost-cutting mission after its net profit went from $4 billion to $1. 9 billion in the third quarter. That's a dramatic cut f
In Ukraine, people are losing their lives and land to Russia's aggressive actions. The current Western support, led by President Biden and Vice President Harris, seems lukewarm. Their focus on not "humiliating" Russia hasn't stopped the Russian advance. Severodonetsk, Bakhmut, Vuhledar, and now Pokr
President Joe Biden is all set to meet with key European leaders in Berlin this week. The meeting includes German Chancellor Olaf Scholz, French President Emmanuel Macron, and UK Prime Minister Keir Starmer. This gathering, often referred to as the "European Quad, " is crucial for Ukraine's future s
As Russia and Ukraine struggle to replenish their depleted military forces, a former military top dog has hinted at a drastic move. Valerii Zaluzhnyi, Ukraine's ambassador to the U. K. and ex-army chief, suggested calling up women to "save Europe from war. " His remarks came during a talk at the thi
Imagine a single entity that could boost Europe's tech scene by making it easier for startups to navigate and grow. That's the idea behind EU Inc, a unified startup body supported by some of Europe's top tech leaders. Patrick Collison of Stripe, Taavet Hinrikus of Wise, and Eléonore Crespo of Pigmen
Cryptocurrency firm Circle made a big move on Monday. It got registered as an electronic money institution, or EMI, in France. This new license allows Circle to issue its stablecoins in compliance with the European Union's strict crypto rules. These rules are part of something called MiCA, which sta
So, you know how NASA smashed into an asteroid in 2022 to see if we could change its path? Yeah, that was a real thing! Now, the European Space Agency (ESA) is sending a probe named Hera to check out the damage. This isn't some boring science stuff—it’s like a space detective story! The asteroid, D
On Friday, the European Union took a significant step in its ongoing investigation into Chinese electric vehicle (EV) subsidies. The EU voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). This move follows the launch of an anti-subsidy probe back in October 2023, which
When it comes to flying business class within Europe, most travelers are familiar with the standard setup: an economy seat with a blocked middle seat, slightly better meal service, and a curtain separating you from the rest of the cabin. But, some airlines are giving this experience a major upgrade.
The European Space Agency (ESA) is about to embark on a groundbreaking mission to study the destructive reentry of a satellite into Earth's atmosphere. Meet the Destructive Reentry Assessment Container Object (DRACO), a 440-pound spacecraft designed to crash and burn, gathering valuable data as it g
