WORLD NEWS

Up to 12,000 Swiss jobs at risk if UBS moves abroad amid capital rules dispute

Up to 12,000 Swiss jobs

As many as 12,000 jobs at UBS in Switzerland could be threatened if the country’s largest bank decides to relocate in response to proposed stricter capital requirements, according to a warning from the Swiss Bank Employees Association (SBPV), reported by N

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Slovakia property prices outlook: will demographics trigger a real estate slowdown?

Will Slovakia follow Italy’s path on property prices?  For decades, owning pr

German producer prices drop 2.5% in December, meeting market expectations

Germany’s producer prices declined by 2.5% year-on-year in December, the Feder

Swiss unemployment climbs to 3.1% as job market weakens at year-end

  Switzerland’s job market showed further signs of strain at the end of the yea

French aerospace warns global supply chains are becoming geopolitical weapons

  France’s aerospace industry has sounded the alarm over what it sees as the gr

A string of nighttime explosions at a Turkish military base in northern Cyprus damaged a nearby seaside hotel and injured 12 people Thursday, prompting the evacuation of terrified tourists,

officials said. The blasts rang out at intervals over a three-hour period in the arms depot at the base in Catalkoy, west of the town of Kyrenia, sparking a fire.

The luxury Acapulco Hotel was damaged, with windows shattered and ceilings collapsed, and guests evacuated to a safe area.

 Turkish Cypriot authorities said 12 people were injured, two of whom remained in hospital several hours later. A probe was launched to determine the cause of the blasts.

The Kyrenia area on the north coast lies within a breakaway state that Turkish Cypriot leaders declared in 1983 but which remains recognised only by Ankara.

The island has been divided on ethnic lines since Turkish troops occupied its northern third in 1974 following a Greek Cypriot coup.

Turkey continues to maintain a sizeable military presence in the north.

Officials in northern Cyprus said on July 1 that a suspected stray Russian missile had exploded just outside the divided island's capital during an Israeli air raid in Syria, without causing casualties.afp

HEALTH AND BEAUTY

Flemish water groups urge action to safeguard drinking water

Flemish water groups urge action to safeguard drin

  Flemish environmental organisations are calling on the regional government to take urgent measures to protect drinking water

TOP NEWS

EU unveils Arctic strategy focused on security, climate action and sustainable growth

EU unveils Arctic strategy focused on security, cl

  The European Union has outlined a new strategy for the Arctic, seeking to strengthen regional security, address the accelera

FASHION

DiscoverEU marks 40 years of Schengen with 40,000 free travel passes for young Europeans

DiscoverEU marks 40 years of Schengen with 40,000

  The European Commission is celebrating the 40th anniversary of the Schengen Area by offering 40,000 young Europeans the chan

TRAVEL

 MPs approve legislation to prevent euthanasia of elderly or ailing pets in Nederlands

MPs approve legislation to prevent euthanasia of

  Members of Parliament have voted in favor of new laws aimed at preventing pet owners and breeders from euthanizing their ani

FEATURED

Germany nears full €30.3bn EU recovery funding after Commission backs final payment

Germany nears full €30.3bn EU recovery funding aft

The European Commission has endorsed Germany’s final €6 billion payment request under the EU’s post-pandemic recovery program

TECHNOLOGY

French aerospace warns global supply chains are becoming geopolitical weapons

French aerospace warns global supply chains are be

  France’s aerospace industry has sounded the alarm over what it sees as the growing “weaponisation” of global supply chains,

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BUSINESS

Lindt chairman admits pricing miscalculation as chocolate sales come under pressure

Lindt chairman admits pricing miscalculation as chocolate sales come under

Swiss chocolatier Lindt & Sprüngli has underestimated the impact of steep price increases on consumer demand, its executive chairman has acknowledged,