Spain seizes record amount of cocaine in Atlantic Ocean, authorities say
The Civil Guard found between 30,000 and 45,000kg of the drug on a freighter headed to Libya.
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GameStop makes $55.5bn takeover offer for eBay
GameStop’s boss Ryan Cohen says he sees potential to make eBay a much bigger rival to Amazon.
Continue ReadingCommission blocks EU funding for Huawei solar tech – POLITICO
Inverters are a piece of technology that turns solar panels’ electricity into current that flows into the grid. Huawei is a market leader in the technology. The EU has long been concerned about the threat posed by Chinese tech giant Huawei and its smaller rival ZTE in 5G networks, and is seeking to push EU […]
Continue ReadingUK seeks access to EU’s €5B tech scale-up fund – POLITICO
The EU created the European Innovation Council Fund in 2020 to take equity stakes in startups, with the Scaleup Europe Fund to follow before the summer, aiming to plug a funding gap that many European companies face. That €5 billion fund is expected to make much larger investments than the earlier one, from which investments […]
Continue ReadingZelenskyy hints Ukrainian drones could menace Putin’s Victory Day parade – POLITICO
“Russia has announced a May 9 parade in Moscow without military equipment,” he told leaders attending the European Political Community Summit in Yerevan, Armenia. “They cannot afford military equipment — and they fear drones may buzz over Red Square.” “This is telling,” Zelenskyy added. “It shows they are not strong now.” It’s widely believed that […]
Continue ReadingAustria expels 3 Russian diplomats over alleged espionage – POLITICO
“Espionage is a security issue for Austria,” Foreign Minister Beate Meinl-Reisinger told POLITICO. “This government has made a policy shift and is taking consistent action against it. We have made this unmistakably clear to the Russian side, also with regard to the ‘forest of antennas’ at the Russian mission.” Meinl-Reisinger said it was “unacceptable” for […]
Continue ReadingSwiss Air Squadron 11 takes part in a major NATO exercise
In particular, complex air operations are to be practiced at “Tiger Meet”.Image: DPA May 4, 2026, 9:00 a.mMay 4, 2026, 11:00 a.m As part of the Partnership for Peace, Switzerland is once again taking part in the multinational NATO exercise “Tiger Meet” this year. The Swiss Air Force will be present in Araxos, Greece, with […]
Continue ReadingNorth Korean side to make rare trip to South Korea
A team of North Korean footballers will make a rare visit to South Korea later this month. North Korean side Naegohyang will cross the border to play Suwon in the Asian Women’s Champions League semi-final on 20 May. Pyongyang has sent a list of 27 players and 12 staff who will make the visit. South […]
Continue ReadingUkrainian drone damages residential building near central Moscow
Two out of three drones were repelled by Russian air defense – one hit a residential building.Image: AP May 4, 2026, 7:46 amMay 4, 2026, 7:46 am A few days before the traditional Victory Day military parade in Moscow, a Ukrainian drone crashed into a residential building near the center of the Russian capital. Mayor […]
Continue ReadingWhat the partial withdrawal of troops from Europe means
US soldiers at the end of April during a maneuver at the German NATO base Hohenfels in Bavaria.Image: keystone The 10 most important questions and answers about Donald Trump’s announced troop withdrawal from Europe. May 4, 2026, 6:58 amMay 4, 2026, 6:58 am follow me Against the backdrop of increasing tensions between President Donald Trump […]
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