Tag: europe
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Brent climbs, WTI down as Europe agrees to release diesel reserves
HOUSTON, Oct 2 : Brent crude futures climbed while US West Texas Intermediate held on to a portion of earlier losses on Friday after European leaders agreed to US President Donald Trump’s request to release diesel reserves to lower prices and reduce fuel imports from the United States. Brent was up 46 ce
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NBA Europe and Euroleague proposals dominate discourse before shareholders meet
Oct 2 : Euroleague shareholders will meet in Italy on Monday to discuss an expansion project, while talks with the NBA to become part of the 2027 NBA Europe league are also on the agenda. Both the Euroleague and the NBA have said they will forge ahead with their own strategy for next season if…
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Oil prices drop as Europe agrees to release diesel reserves
HOUSTON, Oct 2 : Oil prices fell $2 after European leaders agreed on Friday to a request by US President Donald Trump to release diesel from their reserves to lower prices and reduce the need to import fuel from America.Brent was down $1.80, or 1.76 per cent, at $100.50 a barrel at 10:49 a.m. CDT…
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Europe to release diesel reserves after Trump request
The US leader asked European countries to release some of their diesel reserves to ease the rising prices. The issue has damaged Trump’s popularity back home.
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Half of Europe witnessed record heat stress this summer — EU climate service
The EU’s climate monitor said this summer was third-warmest for the continent on record. European rivers also registered their lowest average flows since records began in 1992.
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Putin shows no sign of stopping the war as Russia doubles down on Ukraine
A foreign policy speech by the Russian president will be keenly watched, but all signs point to the full-scale invasion continuing.
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Spain grows fruit and vegetables for Europe — but it’s running out of water
Spain’s southern coast produces up to 25% of Europe’s fruit and vegetables. But amid intensive farming, climate change and illegal wells, the water it takes to grow them is drying up.
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Can alcohol-free wine save European wineries?
Alcohol-free wine is still a niche product, but it is growing fast. In Austria, one family winery now produces and exports alcohol-free wine to 26 countries — more than its regular wine.
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Shein quarterly profit falls 67% as costs jump, Europe sales slump
Sept 28 : Fast-fashion platform Shein reported plunging profit and sliding European sales on Monday in its first results as a public company, feeding investor worries over margin pressure and slowing growth. Adjusted net profit was $228 million for the second quarter, down 67 per cent from a year ago, and its
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Pope Leo XIV. warns of ‘new senseless slaughter’ in Europe
Pope Leo XIV. wraps up his tour of France with a visit to the eastern city of Metz, near the border with Germany. There he called for “courage in negotiation” and compromise to help bring an end to war in Europe.
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