The average price of residential real estate in Turkey has exceeded 5 million Turkish lira (about $109,000) for the first time, but high inflation continues to offset price increases and is putting pressure on the market.
Europe’s leading marketers will compete for the first time for the title of European Chief Marketing Officer (Best Marketing Director in Europe). This is a new industry award that will be presented as part of the Cannes Lions International Festival of Creativity.
The German automotive group Volkswagen Group plans to cut about 50,000 jobs by 2030 as part of a large-scale restructuring program aimed at adapting to conditions in the global automotive market.
The rise in gold prices has led to a sharp increase in smuggling, which is often used to finance armed conflicts, circumvent sanctions, and launder money. The Financial Times reports this, citing representatives of the gold mining industry.
By the end of the year, the United Kingdom will provide Ukraine with at least 150,000 drones, as well as hundreds of anti-aircraft missiles and radar systems, as part of a new military aid package worth nearly 1 billion pounds. This was announced by British Defense Minister Dan Jarvis following talks with his Ukrainian counterpart, Mykhailo Fedorov.
The Massachusetts Institute of Technology (MIT) has been named the world’s best university by the influential QS World University Rankings 2027. Imperial College London and Stanford University tied for second place.
Switzerland has lost its status as the world’s most competitive economy, dropping to third place in the IMD World Competitiveness Ranking 2026. Singapore took the top spot, while Hong Kong came in second. These findings are based on the results of the annual study by the International Institute for Management Development (IMD).
Amazon founder Jeff Bezos said that the development of artificial intelligence will not lead to mass unemployment, but rather to a labor shortage.
Apple is preparing to raise prices as it becomes increasingly difficult to offset the rising cost of memory chips—driven by the AI boom—using its own resources.
The stadiums for the 2026 FIFA World Cup in the U.S., Canada, and Mexico are turning food into a spectacle in its own right—and one of the most expensive parts of attending a match. The cost of a basic snack at the stadiums ranges from $9 to over $34 for a meal with a beer, and individual items can cost as much as $8 for a bottle of water and $18–19 for a beer.
European Union member states were unable to reach an agreement on whether to extend additional protection for innovative medicines for one year. The proposal, intended to support biotechnology investments in Europe, divided health ministers.
Amazon founder and Blue Origin CEO Jeff Bezos said that humanity needs to move heavy industry beyond Earth, starting with the Moon, in order to sustain economic growth while protecting the environment.
Netflix shares fell following reports that the company had lost the battle to acquire Roku—one of the largest streaming platforms. Fox Corporation emerged as the buyer, having reached an agreement to acquire Roku for $22 billion.
Swiss voters rejected an initiative to cap the country’s population at 10 million. Fifty-five percent of citizens voted against the proposal put forward by the right-wing Swiss People’s Party (SVP).
The proportion of young people leaving the education system early in the European Union continues to decline. According to Eurostat, in 2025, 9.1% of EU residents aged 18 to 24 had left education or vocational training early.
The United Kingdom has expanded sanctions against the Russian financial sector, adding the subsidiary banks of Russia’s largest digital companies—WB Bank and Yandex Bank—to the blacklist.
Europeans buy their first home at an average age of 31.3, but the age gap between countries ranges from 28 in Malta to 34.7 in Switzerland and Greece. This is according to data from the RE/MAX European Housing Trend Report, provided by Euronews Business.
British Prime Minister Keir Starmer announced that he will ban social media for children under the age of 16 as early as 2027.
The lavender fields of Provence, which are one of the symbols of the region and of France’s tourism industry, are becoming unprofitable. This is forcing some farmers to switch to other types of agricultural production, including poultry farming and the cultivation of alternative crops.
Private investors in Russia are dissatisfied with their participation in initial public offerings of Russian companies. This is the conclusion of a Bank of Russia study examining the experiences of retail investors in the IPO market.
