Europe

Alphabet’s Google will soon begin testing changes to its search results in order to give competitors more prominence. A person with first-hand knowledge of the situation said this on Wednesday. The company is trying to avoid a fine from the EU for allegedly favoring their own services when searching for hotels, flights, and restaurants. Since it was accused of violating the Digital Markets Act in March last year, Google has made a number of proposals to appease rivals and EU regulators. After rivals complained about the insufficiency of these measures, Google has not implemented any of its proposals. Google is...

Jet2 said that it expects to report an annual profit in line with the market estimates. It also noted that its capacity for Summer 2026 was higher than a year ago, thanks to new and newly established bases. Jet2 will launch new services next month from London Gatwick. The company is investing in the load factor, and focusing on attractive prices for holidaymakers. The company reported that the?on sale capacity for Summer 2020 is 20 million seats. This is up 8% compared to a year earlier. Winter 2025-26's capacity of 5.5 millions?seats, however, has increased 7.4% year-on year. The package...

Aena, the Spanish airport operator, said that it expected passenger numbers to increase a little slower this year than they did in 2025. The operator predicted passenger traffic growth of only 1.3% by 2026, compared to last year's increase of 3.9%. Aena's net profit for the full year 2025 rose by 10.5%, exceeding analysts' expectations after passengers using all terminals exceeded one million per day. Aena airports in Spain, the second-most-visited country in the world, saw 321.6 million passengers last year. This was a record for the third consecutive year. The company posted a net profit of $2.51 billion dollars...

The Trump administration's revised tariff regime, which was implemented on Tuesday, will benefit Brazilian planemaker Embraer as well as U.S. airlines and the commercial aerospace industry. Aviation attorneys and executives in the industry have urged caution as the White House's policy shifts continue to create uncertainty. According to the annex of President Donald Trump's Executive Order authorizing the tariff, commercial aircraft, engines, and?aerospace components?will be exempted from the temporary 10% worldwide import duty. He later announced that the levy would increase to 15%. It was announced as a replacement for tariffs which were struck down by the U.S. Supreme Court...

The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interception in this region. Washington has stepped up its blockade of vessels going to or from Venezuela, a South American member of OPEC, after capturing 'Venezuelan president Nicolas Maduro during a military savage last month. The U.S. Department of Defense announced in a post to X that its forces had boarded Bertha over night. The crude oil tanker was accused of trying to defy Iran sanctions. According to the Office of Foreign Assets Control...

The Trump administration's revised tariff regime, which was implemented on Tuesday by the Trump Administration, will benefit Brazilian planemaker Embraer as well as U.S. Airlines and the commercial aerospace industry. Aviation attorneys and industry executives warned that the White House's policy was still changing, creating uncertainty. According to the annex of President Donald Trump's Executive Order authorizing the tariff, commercial?aircraft, engines, and aerospace parts will be exempted from a?temporary? 10% global import duty. He later announced that the levy would increase to 15%. It was announced as a replacement for tariffs which were struck down by the U.S. Supreme Court...

A company document shows that technical incidents, such as fuel and engine oil leaks, on Air?India flights, reached their highest rate for at least 14 month in January. This highlights the growing pressures placed on the carrier to revamp its operations. Since a fatal crash in which 260 people were killed, India's second-largest carrier has been under the scrutiny of India's safety regulator. Since then, it has reported many safety lapses, and admitted in December that there is a need for "urgent improvements in process discipline and communication as well as compliance culture". Air India reported 1,09 incidents technical per...

Etihad Airways announced a nearly 50% increase in 'net profit' to $698m last year. The 'carrier' said this on Tuesday. Increased capacity supported strong demand throughout markets and lifted the load factor. "We have invested a lot in our product and customer satisfaction. We've grown a lot and added capacity, ?...So, I'd say that it's the combination of all our efforts," CEO Antonoaldo Neves said. The Abu Dhabi airline reported that passenger numbers would increase by 21%, to 22.4 millions in 2025. Its fleet will grow to 127 aircraft, after 29 new jets have been added to the fleet during...

A company document shows that technical incidents, such as fuel and engine oil leaks, on Air India flights, reached the highest rate for at least 14 consecutive months in January. This highlights the growing pressures placed on the carrier to revamp its operations. Since a fatal crash in which 260 people were killed last year, India's second largest?airline is under the scrutiny of India's safety regulator. Since then, it has reported many safety lapses, and admitted in December that there is a need for "urgent improvements in process discipline and communication as well as compliance culture". Air India reported 1,09...

The director of an airline parts company in London who sold tens of thousands of engine parts using forged documents, causing planes to be briefly grounded due to safety concerns, has been?incarcerated?for four and eight months. Jose Alejandro Zamora Yrala (38), pleaded guilty to fraudulent trading in December, admitting to defrauding AOG Technics customers and potential clients by falsifying documents regarding the source and condition engine parts between January 2019 and December 2023. The documents contained many parts for CFM56 engine parts that are used in some Airbus and Boeing aircraft. The discovery of the documents in 2023 caused planes...

Prosecutors said that the director of a London based airline parts company sold tens of thousands of engine parts using forged documents, causing a large 'loss for aviation industry giants such as American Airlines, GE Aerospace, and Safran. Jose Alejandro Zamora Yrala (38), has admitted to defrauding AOG Technics customers and potential clients by falsifying documentation about the source and state of engine parts between January 2019 and December 2023. In 2023, the discovery of forgeries, including parts for CFM56 engine engines that power some Airbus or Boeing jets, caused planes to be briefly grounded in many countries due to...

These are the top stories from the Wall Street Journal. The?Wall Street Journal has not?verified? these stories, and does not vouch? for their accuracy. Ed Garden, an investor, has acquired a stake in Fortune Brands Innovations, a building products supplier. He is now looking to replace the incoming CEO. Winter storms in the Northeast and mid-Atlantic have caused more than 8,000 flights to be canceled on Sunday and Monday. Most of these were routes into or out from Boston and New York. A military raid in Mexico on Sunday resulted in the death of a notorious drug lord, "El Mencho"...

Verdi, a German public sector union, has called for local transport workers to strike on the 27th and 28th of February to increase pressure on wage and working conditions negotiations. The talks on a collective pay agreement will affect around 150 bus, tram, and local train companies with approximately 100,000 employees across Germany. This includes the cities of Berlin and Hamburg. Negotiations include working conditions, such as working hours, shift work and allowances for weekend and night work. The exact demands differ from one state to another. Christine Behle, the union's deputy chair said: "The negotiations are barely making any...

Wall Street's love for artificial intelligence giants is cooling, and some investors are shifting their focus to infrastructure companies, which they believe will benefit from AI spending. This shift has spawned a number of new products. Shares of AI tech giants like Alphabet and Amazon have seen sharp drops after huge gains over the past few years. Investors are worried that returns on their "massive investments" in developing smarter AI system won't justify these lofty valuations. Asset managers say that investors should focus on companies receiving the checks, such as chipmakers, data centers, and utility firms, which provide the nuts...

Wall Street is 'in the grip of AI disruption fears. Investors began by selling shares in software companies, but quickly spread to other sectors that were seen as susceptible to automation. This led to sharp losses this week for U.S. stock prices. AI-related scare tactics have affected even industries such as legal services, private credit, data analytics and insurance. Anthropic's legal AI plug in caused a drop in global?tech stocks. Investor unease grew after a series of AI model updates and new releases. Emmanual Cau, equity strategist at Barclays, said that fear is driving the market's sentiment. Investors are still...

Data from the London Metal Exchange showed that in January, the share of China-made metal in available London Metal Exchange stock fell as metals from other Asian nations, South America, and?Africa flooded in. Available copper inventories The?LME?is at its highest level since late February 2025, as it has become the preferred place for traders to store metals in the U.S.A. and Asia. Data showed that the percentage of copper stocks of Chinese origin in LME's warehouses - those on warrant or available - was 70% at the end last month. This is down from 79% in December. A LME warrant...

The head of Bertelsmann's investment division said that the German media and service group has acquired a majority stake in Lets Transport. It hopes to leverage its position in India as an?important market for growth. In an interview published Tuesday, Carsten Coesfeld, CEO of Bertelsmann Investments said: "We have now achieved 80%." Bertelsmann owns the publisher Penguin Random House, is active in education and services, and has a stake in Lets Transport. This ownership began in late 2018. The logistics company, founded in 2015, connects truckers with corporate clients across India. Coesfeld stated that the market for Lets Transportation is...

Spain's major unions of rail workers have called off their?three-day national strike that began earlier on Monday after the authorities agreed to?boost investment and reinforce staffing in response to a series of high-profile accidents. In the last?month?, several consecutive derailments, crashes, and deaths left dozens of people dead. This sparked public concern about the state of Spain’s rail infrastructure. A high-speed train crash on January 18 in southern Andalusia left 46 dead, while a derailment in northeastern Catalonia two days later killed a driver. In a recent statement, the Spanish Transport Ministry announced that it would invest 1.8 billion euro...

The White House announced that President Donald Trump will unveil "TrumpRx.gov" on Thursday night. This website is intended to give consumers discounted access to prescription drugs and to be a key part of his efforts to reduce drug prices in the U.S. Sixteen of the biggest drug manufacturers in the world have joined forces to create a new global alliance. Deals with "most-favorable nation" In exchange for exemptions from U.S. Tariffs,?the Trump Administration will lower drug prices in the United States. These agreements will lower the?prices for Medicaid and cash-paying customers via TrumpRX. Those deals include Agreements with obesity drug...

Available copper inventories The London Metal Exchange has seen its trading volume increase by 11 months, as traders from the U.S.A. and Asia have increasingly turned to the exchange for metal storage. After more than 20,000 tonnes of copper were delivered to New Orleans and Baltimore over the last three weeks as well as similar inflows into South Korea and Taiwan, the amount of copper available in LME warehouses reached 160,625 tons on Wednesday. This is the highest since late February of last year. Copper was shipped in large volumes to the United States before possible import tariffs. Higher?prices at...

Kumba Iron Ore, South Africa, said Thursday that it expected its full-year profits to increase by up to 23% due to higher mineral prices and sales volumes. Kumba, an Anglo American unit, expects to earn between $1,39 billion and $15,33 billion ($862,55 million-$951,29 million) in the year ending December 2025. This compares with the 12.5 billion rand earned the year before. Africa's largest iron ore producer said that the increase in earnings was due to the higher average free-onboard export iron ore prices of $95 per metric tonne in 2025. This is up from $92 a metric tonne the previous...

On Thursday, some relatives of the 45 victims in Spain's rail accident vowed to investigate the cause of the collision between the two high-speed trains. They made their promise while survivors were still wearing bandages and slings during a funeral service. Only the truth can help us heal this injury. Liliana Saenz - who lost her mom - spoke at the Huelva service. "We will fight to ensure that there is never another train." The King and Queen Letizia were present. Spain is still trying to deal with the tragedy that occurred in January 2018 near the village Adamuz, in...

Western Balkans truckers' protests against restrictive EU entry laws have led to fuel shortages and losses of business as they blockaded cargo terminals at the borders of EU countries. Truckers in?Bosnia and Herzegovina?, Serbia?, Montenegro? and North Macedonia?launched protests against the EU’s new stricter entry/exit system, under which they could face detention and expulsion for exceeding Schengen's visit limits. The Montenegro energy ministry warned on Tuesday night that the country may face fuel shortages as a result of a blockade in the Adriatic port?of Bar. This is the main entry for fuel imports from overseas into Montenegro. Montenegro does not...

Montenegro may face fuel shortages as a result of regional protests and the blockade by truck drivers?of Bar's Adriatic port over restrictive EU entry laws?that could lead to their deportation if they exceed Schengen visit limitations. Montenegro has no own oil refinery and so the port of Bar is a major entry point for fuel imported from abroad. The port of Bar is also home to the largest fuel?depots in the country. The blockade of border crossings that began Monday in Serbia, Bosnia and Montenegro, and North Macedonia has halted transportation along a crucial road corridor connecting?the EU to Turkey...