Read the latest news from regional and global sources, presenting different voices and perspectives.
Passenger Surge Expected at Shannon Airport with 10% Growth Forecast for August Bank Holiday Period
Breaking Travel News
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July 30, 2025
Shannon Airport is preparing for a bustling August Bank Holiday, with almost 60,000 passengers expected to travel through the airport over the period, marking a 10% increase compared to the same period in 2024. This continued growth reflects...
Austrian government faces likely legal challenge over state spyware
Computer Weekly
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July 29, 2025
The Austrian government is likely to face legal challenges after it succeeded on its fifth attempt to pass a law this month that gives the country’s intelligence service legal powers to deploy spyware on phones and computers. Civil society groups...
Wegovy maker Novo’s profit warning wipes out $70B in market value after shares plunge 30%
New York Post
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July 29, 2025
Investors wiped $70 billion off Novo Nordisk’s market value on Tuesday after the maker of weight-loss drug Wegovy issued a profit warning and named a new CEO, as it battles rising competition in the obesity drug market. Novo named Maziar Mike...
Production Is Now Fully Underway At KTM’s Austrian Factory
Adventure Rider
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July 29, 2025
Months after management announced KTM’s impending bankruptcy, and weeks after announcing Bajaj’s takeover, the Austrian-based motorcycle manufacturer says its production lines in its hometown of Mattighofen are now running full-time. It’s a huge...
Former official in Vienna sent to prison for 8 years
The Vindicator - Ohio
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WARREN — Linda McCullough will have the next eight years to think about her actions. That’s because McCullough, who served as Vienna’s fiscal officer from 2019 to early 2024, was sentenced to a total of eight years in prison Tuesday morning to be...
Russian espionage and influence operations are pushing Austria toward closer ties with NATO
The Odessa Journal
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Austria, which has adhered to a policy of neutrality for decades, is increasingly reconsidering its security strategy amid the growing threat from Russia. Moscow’s espionage activities, cyberattacks, and extensive influence operations have become...
Austria Manufacturing Activity Contracts At Slower Pace
RTTNews
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July 29, 2025
Austria's manufacturing activity contracted at a slower pace in July as output returned to growth, survey data from S&P Global showed on Tuesday. The UniCredit Bank Austria Manufacturing Purchasing Managers' Index rose to 48.2 in July from 47.0 in...
Oil market outlook bright: Minister
Kuwait Times
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July 29, 2025
Kuwait endorses OPEC+ strategy shift, with officials citing signs of sustained global demand KUWAIT: Kuwait’s Oil Minister Tareq Al-Roumi voiced optimism about the future of the global oil market during the 61st OPEC+ ministerial meeting, saying...
Billy Joel Releases 'And So It Goes' Documentary Musical Companion
RTTNews
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July 29, 2025
Billy Joel has released a 100-track album, Billy Joel: And So It Goes, a digital only companion piece that coincides with the release of the two-part documentary that explores his life and music. The album will mirror the tracks from the film...
Learnings from Spotify’s Q2 2025 earnings call… including what the company (didn’t) say about that long-awaited ‘Music Pro’ tier
Music Business Worldwide
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July 29, 2025
Spotify posted solid Q2 2025 results today (July 29), with the streaming giant adding 8 million net subscribers to finish June with 276 million paying customers. SPOT also added 18 million monthly active users in the period to reach 696 million,...
Ozempic Maker Novo Nordisk’s Market Value Drops $93 Billion
The Business of Fashion
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July 29, 2025
Novo Nordisk named its head of international operations as chief executive officer after slumping weight-loss drug sales led to a profit warning that wiped $93 billion off its market value. The Danish drugmaker promoted Maziar Mike Doustdar, who...
Low oil prices to pound economies of Mideast, African producers: report
Hellenic Shipping News
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July 29, 2025
Oil-dependent countries in the Middle East and Africa will see low crude prices hammer their fiscal positions in 2025, with only the UAE and gas-rich Qatar able to break even at current levels, according to a new report from S&P Global Market...
Austrian firm takes over bottling plant in a boost for Dundee’s economy
Nothern Natal News
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July 29, 2025
The recent launch of the new Alpla bottling plant at Orange Grove Dairy has injected fresh life into Dundee’s struggling economy, long battered by a decline in mining and tourism. Austrian-based Alpla – a global packaging leader with operations in...
Does Airbus Build Fighter Jets? The Company's Military Projects, Explored
SlashGear
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July 29, 2025
Known as one of the world's premier aircraft manufacturers, Airbus produces more than popular passenger jets like the A320. In fact, Europe's largest aerospace company offers its clients a diverse portfolio of aircraft, ranging from commercial...
Ozempic maker’s shares plunge $70bn as copycats gobble up market share
Irish Independent
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Novo Nordisk became Europe's most valuable listed company following the launch of Wegovy in 2021 Investors knocked $70bn off Novo Nordisk's market value on Tuesday after the maker of weight-loss drug Wegovy issued a profit warning and named a new...
INVL Renewable Energy Fund I secures new Kommunalkredit financing for solar energy projects
Energy Global
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July 29, 2025
The INVL Renewable Energy Fund I, which is managed by INVL Asset Management and invests in renewable energy projects, signed a new €29.3 million loan agreement with Kommunalkredit Austria AG. The proceeds of the loan will be used to finance the...
Austria is considering abandoning neutrality amid Russian threats
The Odessa Journal
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Main image: Austria’s Foreign Minister Beate Meinl-Reisinger, by Michael Gruber/BMEIA Austria may reconsider its traditional neutrality amid growing threats from Russia and increasing global instability, said Austria’s Foreign Minister Beate...
Rakbank becomes the first UAE bank to offer crypto trading for retail
Coin Telegraph
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July 29, 2025
The National Bank of Ras Al Khaimah (Rakbank), a government-owned bank in the United Arab Emirates (UAE), is the first conventional bank in the country to offer retail crypto trading. In a Tuesday news release, the bank announced the launch of a...
Proposed changes to EU deforestation law will boost illegal Russia timber trade, NGO warns
Euronews
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July 29, 2025
Proposed changes to the EU deforestation law supported by a majority of member states will boost the potential for illegal trade of Russian and Belarusian timber, according to an NGO which has conducted an investigation into the trade. In May 18...
United States and European Union come to terms on trade deal framework
Logistics Management
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With only a few days left until the end of the reciprocal tariff pause between the United States and its trading partners, the framework of a large trade deal was brokered yesterday between the U.S. and the 27-nation bloc comprising the European...