Britain’s Catherine, Princess of Wales visited the Italian city of Reggio Emilia during her first official overseas trip since announcing her cancer remission.
South Korean chipmaker SK hynix is set to raise approximately $28 billion on Wall Street via ADRs, a sum surpassed only by SpaceX. The listing aims to improve valuation and fund new facilities amidst a booming AI memory market, despite cyclical industry risks.
Volkswagen's management faces potential major conflict with unions over reported plans to cut up to 100,000 jobs and close four factories. IG Metall warns of strong opposition to restructuring aimed at addressing competition, EV margins, and US tariffs.
A Polish court sentenced Russian opposition activist Igor Rogov to seven years in prison for spying for Russia's FSB, sharing information on dissidents and Polish officials. His wife received a three-year sentence. Rogov also faced charges related to explosive materials.
Spain's National Court orders BBVA, ex-chairman Francisco González, and 14 others to trial for alleged illegal assignments to ex-police commissioner José Manuel Villarejo (2004-2016). Charges include bribery and unlawful discovery of secrets.
NATO leaders are questioning the value of annual summits, especially with Donald Trump as U.S. president. The recent Ankara summit yielded a vague declaration and no major decisions, leading many to believe occasional meetings are more effective. Europe must now prepare for greater defense responsibilities as the U.S. becomes a less reliable ally.
Sweden is set to block efforts to weaken the EU's Emissions Trading System (ETS) ahead of a policy showdown. Minister Jessica Rosencrantz stated Sweden will "fight to keep the Emissions Trading System strong" against countries seeking to relax rules, arguing a weaker ETS harms climate and competitiveness.
