The French pharmaceutical company Sanofi has confirmed that it aims to invest €1.3 billion ($1.4 billion) in the construction of a modern insulin production facility at its site near Frankfurt in western Germany. The new plant, with an area of around 3…
German court begins insolvency proceedings for fashion firm Esprit
A court in Dusseldorf has initiated insolvency proceedings for fashion retailer Esprit’s European operations, impacting Esprit Europe GmbH and six other German subsidiaries, according to court documents published on Thursday. The global firm, which fil…
Atos slides deeper into the red
Atos, struggling to restructure its business operations, has presented its financials for the first half of 2024. The ailing French IT services provider recorded an operating loss of €1.7 billion (about $1.8 billion)in the first six months of the year,…
Danish shipping giant Maersk reports lower revenue in second quarter
Danish shipping and logistics giant Maersk saw a drop in second quarter revenues, according to preliminary figures reported on Thursday. For the three-month period, the company posted Earnings Before Interest and Taxes (EBIT) of $963 million, compared …
Putin deals with war in Ukraine on a daily basis, spokesman says
Kremlin leader Vladimir Putin spends many hours a day in contact with the military about the course of the war in Ukraine, his spokesman said on Thursday. “This is work that you don’t see on camera every day, work that you don’t read about in the newsp…
Biles fights back to win all-around title and sixth Olympic gold
US gymnastics star Simone Biles recovered from a setback and soared to her second gold of the Paris Games and sixth of her Olympic career in the women’s all-around final on Thursday. The 27-year-old became the oldest female to triumph in the event sinc…
Tokyo champion Zverev knocked out in Olympics last eight by Musetti
Germany’s Tokyo champion Alexander Zverev wilted in the heat and felt unwell as he lost 7-5, 7-5 to Italy’s Lorenzo Musetti in the men’s tennis quarter-finals at the Paris Olympics on Thursday. Zverev, who was dreaming of a second straight single gold,…
The Insider reveals who Russia received and released in exchange with US and Germany
Russia conducted a prisoner exchange today with the US and Germany. Specifically, political prisoners held in Russia were exchanged for Russian spies, according to The Insider. The agency reports that Russia and Belarus have released several political …
The Insider reveals who Russia received and released in exchange with US and Germany
Russia conducted a prisoner exchange today with the US and Germany. Specifically, political prisoners held in Russia were exchanged for Russian spies, according to The Insider. The agency reports that Russia and Belarus have released several political …
The Insider reveals who Russia received and released in exchange with US and Germany
Russia conducted a prisoner exchange today with the US and Germany. Specifically, political prisoners held in Russia were exchanged for Russian spies, according to The Insider. The agency reports that Russia and Belarus have released several political …