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Business

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Nikola Corp files for Chapter 11 bankruptcy amid EV industry struggles
Nikola goes bankrupt, to sell assets in the latest EV market turmoil

COOLIDGE, Arizona: Nikola Corporation has filed for Chapter 11 bankruptcy protection, marking another major collapse in the struggling...

Thames water secures legal lifeline, avoids collapse
Judge approves emergency plan to save utility Thames Water

LONDON, U.K.: A judge has approved an emergency financial plan to prevent Britain's largest water company, Thames Water, from collapsing,...

U.S. stocks tumble as Trump policies startle investors
U.S. stock markets sour, Dow Jones dives 749 points

NEW YORK, New York - Concerns over U.S. President Donald Trump's startling diversions from his country's long-held policies, and the...

Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

Europe

Section
Ireland to boost defense budget to protect key infrastructure
Minister: Ireland needs to double defense spending amid undersea cable threat

DUBLIN, Ireland: Ireland must significantly increase its defense budget to protect critical infrastructure, including undersea cables...

No unified European army despite Russian threat, says Polish FM
European countries will not create united army, Poland's Sikorski says

WARSAW, Poland: European nations will not form a single, unified army despite growing security concerns over Russia, Polish Foreign...

Speaker Mike Johnson: Western survival hinges on national priorities
US House Speaker Johnson tells West to prioritize national interests

LONDON, U.K.: Republican U.S. House Speaker Mike Johnson said this week that Western countries must focus on their national interests...

Dublin pub sales soar to 69.6 million euros in 2024 boom
20 Dublin pubs sold during 2024 for 69.6 million euros

DUBLIN, Ireland: Dublin's pub market saw a surge in value in 2024, with 20 pubs changing hands for a total of 69.6 million euros—up...

Microsoft makes $700m investment in Poland’s cybersecurity
Microsoft to invest $700 million to boost Poland's cybersecurity

WARSAW, Poland: Microsoft has announced a major new investment of $700 million in Poland to strengthen the country's cybersecurity...

Europe faces hard choices amid rising threats, warns French FM
French FM: Europe must prepare for tough security decisions

MUNICH, Germany: Speaking at the Munich Security Conference, French Foreign Minister Jean-Noel Barrot warned that Europe must brace...

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