The Federal Aviation Administration (FAA) is set to release on Thursday, November 6, a list of the nation’s busiest airports where flight volumes will be reduced by 10% due to the ongoing federal government shutdown. FAA Administrator Brian Bedford said that “in 35 years in the aviation industry, I can’t recall a situation where we […]
Google plans to build a large artificial intelligence data processing center on the remote Christmas Island in the Indian Ocean, Reuters reports, citing reviewed documents and conversations with officials. According to military experts, such a facility would become a strategic asset on the island, which is increasingly being viewed by defense officials as a critical […]
Toyota has announced a massive recall of more than one million vehicles due to a malfunction in the rearview camera system, which may prevent the display from showing the rear view while reversing, Carscoops reports. The recall affects Toyota, Lexus, and Subaru models, including the Camry, Crown, Land Cruiser, RX, TX, LC, and the Solterra […]
Microsoft Corporation has signed a $9.7 billion deal with data centre operator IREN, which provides access to advanced Nvidia chips. This was reported by Reuters. This caused IREN’s shares to rise more than 20% on Monday, 3 November, during pre-market trading. It is noted that shares in artificial intelligence server manufacturer Dell rose 5% as […]
Romania has signed an agreement with German defence company Rheinmetall to build a powder factory. According to Prime Minister Ilie Bolojan, construction of the €535 million plant in Victoria is expected to begin in 2026, take three years to complete and create around 700 jobs. He noted that Romania will seek to finance part of […]
The second VAT rate increase in seven years, scheduled for 2026, will place Russia among the top 20 countries in the world in terms of this tax. This was announced by analysts at the Gaidar Institute. Only a few EU countries or countries belonging to the EU single market will have higher VAT rates than […]
The Council of the European Union has approved the fifth payment to Ukraine totaling over €1.8 billion under the Ukraine Facility mechanism, according to a statement published on the EU Council’s website. This amount reflects Ukraine’s successful implementation of nine steps required for the fifth tranche, as well as one outstanding step from the fourth […]
The largest oil refineries in Turkey have begun purchasing more non-Russian crude in response to the latest Western sanctions against Moscow, Reuters reports, citing sources familiar with the situation. Turkey, India, and China have been buying nearly all the crude oil exported by Russia. Seaborne shipments to China this year have remained at about 1–1.5 […]
Russia’s gas exports to Europe have continued to hit their lowest levels in over 50 years. From January to October this year, Gazprom supplied European customers with 14.7 billion cubic meters of gas, according to Reuters estimates based on data from the TurkStream pipeline. Compared to the same period in 2024 (26.6 billion cubic meters), […]
German automaker Volkswagen reported a net loss of €1.07 billion for the third quarter of this year, marking the company’s first quarterly loss in five years, DW reported. For the first nine months of 2025, VW Group’s net profit dropped by more than 60%, falling to €3.4 billion from €8.8 billion in the same period […]
