Reuters: G7 Countries Step Up Sanctions Against Russia
G7 members will unveil a new package of coordinated sanctions against Russia on Tuesday. The major industrialized countries of the world want to put further...
Chinese Not Welcome at Important Electricity Grid Tender
TenneT prevents Chinese parties from tendering for important parts of the electricity grid. The network operator confirms this after earlier reporting by Het Financieele Dagblad....
Union Demands 9.5 Percent More Wages for Ground Staff Lufthansa
The major German union ver.di wants the ground staff of the aviation group Lufthansa to receive a wage increase of 9.5 percent, to better cope...
British Minister Will Not Talk to Striking Train Staff
British Transport Secretary Grant Shapps told the BBC he will not talk to public transport unions about the large-scale strikes. Shapps calls the call to...
Left Bloc: Swift No-Confidence Vote Against French Government
The left-wing Nupes bloc is set to table a no-confidence vote against the government of French President Emmanuel Macron in July. Macron lost the...
Banking as a Service: Be Your Own Bank
When a merchant or corporation decides to provide online financial services, such as payment processing, lending or insurance, it used to be an obligation to...
German Cities Want New Measures Against Coronavirus
German cities want new measures against the coronavirus to contain the current outbreak as quickly as possible. The association of German cities says that action...
Mcdonald’s Buys Out Tax Fraud Lawsuit in France for 1.25 Billion Euros
McDonald's in France will pay 1.25 billion euros to avoid prosecution for tax fraud between 2009 and 2020. This is according to an agreement...
China Emphasizes Support for Russia
In a telephone conversation with his Russian counterpart Vladimir Putin, Chinese President Xi Jinping emphasized that China "stands behind Russia on sovereignty and security". The...
Chipmakers Invest $109 Billion to Boost Production
The chip sector is estimated to spend a total of $109 billion this year. Three-quarters of that amount is in Asia. Europe is growing spectacularly...