Korea’s defense industry is struggling after a record year, with Europe favoring local suppliers and major firms facing internal crises.…
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EU Probes Booking.com After AI Phishing Triggers 900 Percent Fraud Explosion
The European Union opened formal proceedings against Booking.com under the Digital Services Act, citing failures to curb AI-enabled phishing, fake…
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Bermuda Reinsurers Post 85.3% Combined Ratio Even as Premiums Plunge 9%
Fitch Ratings now calls the global reinsurance environment difficult heading into 2026, citing excess capacity and fierce competition that erode…
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$103 Billion Spending Plan Outpaces Duke Energy’s Cash Flow Every Year
Duke Energy’s $103 billion five-year capital plan continues to outpace operational cash flow, forcing reliance on debt and equity. Operating…
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EU ETS overhaul targets smaller ships and tougher port evasion rules
The European Parliament is revising the EU Emissions Trading System with stricter anti-evasion rules for shipping. Proposed changes lower the…
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Europe Holds Just 5% of AI Computing Power Despite €600 Billion Upgrade Need
Europe confronts a severe artificial intelligence infrastructure shortfall, with European Central Bank estimates placing remediation costs up to €600 billion…
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EU Packaging Rules Cost One Hague Shop 4,300 Euros for 130 Euros Liability
A The Hague game store says EU packaging rules could cost it 4,300 euros annually, 33 times its 130-euro recycling…
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German Defense Founder Lives Underground After Intelligence Warns of Russian Assassination Plot
Stefan Tuman, founder of German defense firm Donaustahl, says Russian intelligence may be plotting to kill him. German officials warned…
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Chinese “Spider-Woman” Scales High-Rise to Install AC While Europe’s Heatwave Melts Rail Tracks and Shuts Down Nuclear Reactors
A viral video from China showing a woman installing an air conditioner while suspended several storeys above the ground on…
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The 2026 World Cup Is Rewriting History With Record Goals, Fallen Giants and Africa’s Rise
The 2026 World Cup's opening round has delivered surprises, averaging 3.13 goals per match — the highest opening-round rate in…
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