Business

It has been nicknamed Mordor’s Land. Less romantically, aficionados of the Camí de Cavalls, the coastal footpath that encircles the island of Menorca, know this northern section of the route as “the hard walk”. While the steep gullies, jagged rock, and slippery shingle make the terrain difficult for those with weak knees, it does not take away from the natural …

Spain’s Prime Minister Pedro Sánchez left this week’s Nato summit with a smaller defence bill than the alliance’s other members, but Donald Trump warned the EU’s top leftwing leader that he would be made to pay in other ways. After Sánchez’s resistance to a new spending target riled many European colleagues, the US president accused Spain of seeking a “free …

Elon Musk is still facing backlash in Europe as his sales are on a downward trend for the past five months. This was reported by several media outlets on Thursday. Tesla sales dropped 28 percent in 30 European countries last month while overall EVs sales grew dramatically, according to AP. “The poor showing comes after Tesla’s billionaire CEO had promised …

Lancaster House is where the event took place. Credit: Pack-Shot, Shutterstock The UK hosted a major summit international on Wednesday, 25 June. Its goal was to increase private sector investment in order to stop biodiversity loss by 2030. Lancaster House is hosting a special event during London Climate Action WeekThe event brought together business leaders, representatives of environmental groups and …

Perplexity AI isn’t just another block in the tech stack — it’s the one reshaping the entire structure. Credit: Изображения пользователя Maximusnd Zahar via Canva.com Apple and Meta, two tech giants, are reportedly both watching the same AI startup named Perplexity. It is a search engine, a chatbot, a footnoted oracle – call it what you like. Silicon Valley has …

ASOS shopping. Credit: T. Schneider, Shutterstock ASOS, an online fashion retailer in the UK, is under fire after it barred some customers from returning too many items. This move, which was enforced in accordance with its fair-use policy, raised questions regarding consumer rights, inconsistent sizes, and the amount of power that retailers should hold over their customers. “We closed the …

Post Office, London. Credit: Alex Yeung, Shutterstock At least £600,000 (€710,000) in compensation owed to victims of the UK’s Post Office Horizon scandal remains unclaimed – yet officials have admitted they’re not chasing it up, fearing they might “harass” the wrongly convicted. New report criticizes the government for its handling of the payments, claiming that the progress is too slow …

Amazon in Milton Keynes. Credit: Stephen Dewhurst, Shutterstock Amazon has announced a massive £40 billion (€47.2 billion) According to reports, there will be a massive investment in the UK for the next three-year period, aiming at opening four new warehouses, and creating thousands more jobs throughout the country. The online retail giant has confirmed that two new fulfilment centers will …

Spanish red wine 12.5% volume. Credit: Brett Jordan, Pexels Spanish winemakers are warning of an export crisis after the UK’s new alcohol-based wine tax, introduced in February 2025, triggered a sharp 7.5 per cent drop in Spanish wine exports to Britain – their largest still wine market. According to Reuters Data cited by Spanish Wine Interprofessional Organisation, the value of …

Siemens in Madrid, Spain. Credit: Manuel Esteban, Shutterstock Siemens is opening a cutting edge data centre hub in Madrid in Spain as the country becomes a key player for Europe’s digital future. Siemens Smart Infrastructure announced plans to establish a new technology hub for data centres in Madrid. Support operations will be based in Aragon. The centre will be collaborating …