Muhamad yehia ..Cairo Eurozone private sector contracted in May, with Composite PMI falling to 49.5. Services saw their sharpest drop in 16 months, while manufacturing stabilised. Business confidence hit a 19-month low, reinforcing expectations for further ECB rate cuts. Private sector activity in the eurozone unexpectedly contracted in May for …
Read More »European stock markets rebound as Trump delays 50% tariffs on the EU to 9 July
Muhamad Yehia .. Cairo Stock futures surged after US President Donald Trump agreed to postpone the planned 50% tariffs on the European Union, but the US dollar remained under pressure amid waning investor confidence in US assets, pushing the euro to a one-month high. US President Donald Trump announced on …
Read More »North Korea detains four officials over naval destroyer debacle
Muhamad Yehia .. Cairo Kim Jong-un last week described the damage to the 5,000-tonne ship as a “criminal act caused by absolute carelessness”. North Korean authorities have detained four officials after the launch of a naval destroyer ended in failure last week, its state media reported, in a debacle that …
Read More »Trump says Putin has gone ‘absolutely crazy’ after latest massive strike on Ukraine
Muhamad Yehia.. Cairo He’s killing a lot of people. And I don’t know what the hell happened to Putin, the US president told reporters before boarding Air Force One on Sunday, adding that he would “absolutely” consider imposing new sanctions against Russia. US President Donald Trump said late on Sunday …
Read More »WHO chief says budget plea is ‘extremely modest’ compared to ‘costs of war’ or tobacco advertising
Muhamad Yehia .. Cairo The UN health agency is asking for the equivalent of €3.7 billion for the next two years to fill a funding shortfall. Stripped of US funding, the World Health Organization (WHO) chief asked member countries to support its “extremely modest” budget request by comparing it to …
Read More »ws West Nile virus detected in UK mosquitoes for first time as climate change linked to spread
Muhamad Yehia.. Cairo .. The virus has emerged in northern and western Europe in recent years as a result of warmer temperatures. West Nile virus has been detected in mosquitoes in the United Kingdom for the first time, as rising temperatures raise the risk that vector-borne diseases will become more …
Read More »Flights cancelled and delayed at Paris-Orly airport after traffic control systems break down
Muhamad Yehia .. Cairo Airlines have been asked to reduce flights by 15 per cent on Monday but despite these preventative measures, delays are still likely. France’s civil aviation authority said some flights were still being cancelled and many others are delayed on Monday at Paris-Orly airport. It comes a …
Read More »Tashkent hosts GSMA M360 as Eurasia’s digital economy grows
Muhamad Yehia .. Cairo The capital of Uzbekistan hosted the GSMA M360 Eurasia 2025 summit for the first time, bringing together regional policymakers, global tech leaders, and industry innovators to explore the future of mobile connectivity and digital transformation in Eurasia. The summit highlights the growing role of digital technologies …
Read More »Porn-driven OnlyFans could sell for billions despite ‘filth factor’
Muhamad Yehia.. Cairo The profitable 18+ internet content subscription service is reportedly in talks to sell. However, the price tag could be impacted by its porn-driven content. London-based OnlyFans is reportedly in discussions to sell for as much as $8 billion (€7bn), Reuters has reported, citing unnamed sources. The internet …
Read More »?Are these the best European countries to start a business in
Muhamad Yehia.. Cairo Euronews explores which countries in Europe are relatively easier to set up a new business in, given the current economic environment. The escalating trade tensions between the EU and the US, as well as the EU and China have led to rising business, economic and financial volatility …
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