BMW issues profit warning as restructuring costs bite
BMW warns its car division could post a full-year operating loss as restructuring costs and weak China sales take a toll.
BMW warns its car division could post a full-year operating loss as restructuring costs and weak China sales take a toll.
Eurozone governments have until Friday to nominate candidates to succeed Christine Lagarde as ECB president, with Spain’s Pablo Hernández de Cos and the Netherlands’ Klaas Knot leading the race.
Mistral CEO Arthur Mensch warned that Europe faces a ‘complete trap’ if it gives up on frontier AI models and relies on the U.S. and China, calling for a European strategy and more computing power.
Inflation data from Germany, France, Italy and Spain showed mixed trends in October, with energy prices driving sharp increases in Italy and France while Germany benefited from a fuel tax cut.
France saw mass arrests during nationwide protests as Marine Le Pen launched her fourth presidential bid, while unions called for more demonstrations.
Westminster’s latest budget from Chancellor John Healey is packed with grim figures and costly measures, but the data underpinning it may be far less reliable than politicians admit.
Rare personal letters from a scientist on the doomed La Pérouse expedition have been discovered, offering new insight into the 1785 voyage and the emotional life of one of its members.
Recent protests in France have reignited debate over police tactics, with rights groups citing severe injuries from rubber bullets and stun grenades, and researchers calling French police the most brutal in the EU.
Bulgaria’s presidential election heads to a run-off on November 1 after record low turnout, with incumbent Iliana Yotova facing pro-Western challenger Andrey Gyurov amid divisions over the Ukraine war and recent Black Sea drone attacks.
Eurostat data shows young people in France live in households with a median equivalised income of €23,850, above the EU average but below several neighbours. Experts caution that income alone does not capture the full picture of youth economic precarity.