Europe, Donald Trump
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After extreme heat hits many parts of southern Europe in another heatwave, conditions should improve for holidaymakers.
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U.S. tariff agreement sealed over the weekend has been described as a “dark day” for Europe and even a capitulation to American demands.
Maziar Mike Doustdar spent more than three decades quietly climbing the ranks of Novo Nordisk A/S, from office clerk through logistics and marketing roles to head of international operations. Now the relatively unknown insider is moving into the spotlight with a daunting task: revive a once high-flying drugmaker from a steep descent that’s wiped out two-thirds of its value in the past year.
MADRID (Reuters) -Spain announced plans on Tuesday to give both mothers and fathers an extra week off work after having a baby, extending one of Europe's most generous paid parental leave allowances to 17 weeks. Spain and Finland are the only EU countries to offer equal fully-paid birth leave to both parents.
President Donald Trump spent part of his weekend in Scotland reviving his old grievances against wind power, even claiming at one point that it was “killing” Americans. During a meeting with European Commission President Ursula von der Leyen, Trump abruptly detoured from immigration to wind turbines.
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The fee for Americans and other visa-free travelers won’t begin until fall 2026, but the price is about to triple, officials say, because of rising costs.
European shares turned lower on Tuesday after a shock profit warning from Novo Nordisk wiped more than 80 billion euros ($92.34 billion) off the heavyweight drugmaker's market value at one point.
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices.