European stocks rose slightly on Tuesday morning as traders reacted to geopolitical uncertainty and global economic signals. Most European equity indexes opened higher, following gains in Asia and minor losses in US futures. By midday, Milan led the region with a 0.80% increase, supported by UniCredit, Intesa Sanpaolo, Eni, and aerospace giant Leonardo. Defence shares helped Germany recover modestly, though the DAX index still dipped 0.13%. German shipbuilder TKMS climbed 6.28% in Frankfurt after debuting Monday at €60 per share. Rheinmetall also gained 0.48%, while London-based BAE Systems slipped 0.91%. European defence firms Airbus, Thales, and Leonardo agreed to merge…
Author: Rachel Maddow
Rachel Maddow
Rachel Maddow is a freelance journalist based in the USA, with over 20 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. She earned her degree in Political Science and Journalism from Stanford University. Throughout her career, she has contributed to outlets such as MSNBC, The New York Times, and The Washington Post. Known for her thorough reporting and compelling storytelling, Rachel delivers accurate and timely news that keeps readers informed on both national and global developments.
By Rachel Maddow | The Washington MirrorAdapted from an interview originally published by the Abu Dhabi Times A sweeping class-action lawsuit filed against UBS Group AG is reigniting debate over Switzerland’s role in concealing the financial remnants of Jewish life destroyed during the Holocaust. According to Dr. Gerhard Podovsovnik, Vice President of AEA Justinian Lawyers, the case could expose a long-standing network of undisclosed Swiss bank accounts — accounts that were meant to safeguard Jewish assets from Nazi expropriation but were instead locked away, forgotten, or deliberately hidden. Representing Rabbi Ephraim Meir, Dr. Podovsovnik spoke candidly to the Abu Dhabi…
Afghanistan and Pakistan agreed to hold follow-up talks in Qatar to define conditions and create a framework for lasting peace. The decision ends a week of deadly cross-border clashes that killed dozens of people. Both nations accepted an immediate ceasefire after discussions with Qatari mediators in Doha, according to Qatar’s Foreign Ministry. Qatar confirmed that the agreement ended the deadliest confrontation between the two neighbours in years, which left dozens dead and hundreds injured. Both sides committed to creating mechanisms that strengthen peace and stability. They also promised to meet again in the coming days to secure the ceasefire’s endurance.…
Americans flooded streets across the United States on Saturday to protest President Donald Trump’s leadership during the nationwide “No Kings” demonstrations. Organizers held more than 2,600 rallies in major cities such as Washington, New York, Boston, and Chicago, as well as in hundreds of smaller towns. By midday, thousands gathered in Times Square and Washington, D.C., chanting “Trump must go now!” and waving signs condemning his immigration policies. Protesters carried messages like “Resist Fascism” and “Nothing is more patriotic than protesting.” The demonstrations resembled street festivals in many areas, featuring marching bands, a massive banner displaying “We the People,” and…
Luxury hotel bookings are rising sharply, even as overall travel spending declines across the United States. Affluent travelers are increasingly splurging on high-end accommodations, pushing nightly rates to between $1,500 and $2,500. This marks a significant increase from pre-pandemic averages of around $900 per night. Industry experts say the surge reflects a shift in consumer behavior among wealthy travelers. While many Americans are cutting back on leisure expenses, luxury travelers continue to prioritize comfort, exclusivity, and unique experiences. Hotel chains specializing in upscale accommodations report strong booking trends. Resorts in major cities and popular vacation destinations are seeing higher occupancy…
The jury of the 19th International Fryderyk Chopin Piano Competition, headed by Garrick Ohlsson, selected 11 pianists for the last stage of the event. Poland’s Piotr Alexewicz remains his country’s sole representative among the finalists. The announcement confirmed the final line-up for one of the world’s most respected piano contests, held in Warsaw. Since its debut in 1927, the competition has honored the timeless works of Fryderyk Chopin, attracting elite performers from across the globe. International Finalists Prepare for the Grand Performance Joining Alexewicz in the finals are Kevin Chen (Canada), David Khrikuli (Georgia), Shiori Kuwahara (Japan), Tianyou Li (China),…
An Oslo court convicted a 28-year-old Norwegian man of spying for Russia and Iran on Wednesday. The court sentenced him to three years and seven months in prison for espionage. Prosecutors said the man, a former US Embassy security guard, shared sensitive information including diplomats’ details, floor plans, and security routines, according to Norwegian state broadcaster NRK. He admitted to the facts listed in the indictment but denied any criminal wrongdoing. NRK reported that the man contacted Russian and Iranian officials after growing anger over US ties to Israel and the war in Gaza. Defence Challenges Espionage Definition The man’s…
Tensions between China and the US keep rising as both nations impose shipping fees, unsettling global investors. The fresh phase of the trade war unfolds despite President Trump’s social media assurance: “Don’t worry about China, it will all be fine!” European markets opened lower on Tuesday, reversing Monday’s Wall Street rally that followed Trump’s attempt to calm concerns about relations with Beijing. Investors remain uneasy as the world’s two largest economies continue to clash over trade policy. Both sides began applying new fees on each other’s ships on Tuesday, following a US probe into China’s growing shipbuilding dominance. Washington placed…
Comcast has completed the sale of its Sky Deutschland operations to RTL Group for up to $617 million. The deal includes Sky’s business in Germany, Austria, and Switzerland, marking RTL’s largest acquisition to date. This move strengthens RTL Group’s position in the German media market. By adding Sky Deutschland’s assets, RTL gains high-value sports rights alongside its existing entertainment and news content. Analysts say this acquisition could make RTL more competitive in the rapidly evolving media landscape. Sky Deutschland operates a range of pay-TV channels, offering sports, movies, and entertainment programming. Its strong sports portfolio, including football and premium sporting…
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu presented a sweeping new proposal on 29 September to end the Gaza conflict.The plan, dubbed Trump’s 20-point roadmap, emerged after months of intense discussions with key Arab and Muslim partners, including Egypt, Qatar, and Turkey.Officials said the Doha attack — an Israeli strike that violated Qatari airspace during an alleged attempt to target Hamas negotiators — forced Trump to pressure Israel into halting its offensive.Trump, freed from domestic political constraints in his second term, felt confident applying leverage over Israel after its military successes in Iran, Lebanon, and Gaza.By 8…