Libya Floods: Death Toll Could Double, Minister Says

On Wednesday, a harrowing picture was emerging from eastern Libya as bodies were washing ashore in the wake of a storm that swept whole neighborhoods out to sea. The death toll is likely to rise, with thousands already confirmed dead and many

Heineken Leaves Russia, Takes $320 Million Hit

Dutch brewer Heineken on Friday announced it was pulling out of Russia after selling its operations there to the Arnest Group, the largest Russian manufacturer of cosmetics, household goods, and metal packaging. Heineken said it would incur a total loss of about

Adyen’s Slowdown in North America Weighs on Earnings

Shares in Dutch payments processor Adyens fell by over a quarter on Thursday after its first-half earnings missed analysts’ estimates and the company’s medium-term targets. It cited slower growth in North America, ongoing hiring costs, and rising inflation and interest rates, which

/

Norwegian Government Ministries Face Cyber Attack

A cyber attack has hit twelve Norwegian government ministries, Norway’s Ministry of Local Government and Regional Development said in a statement on Monday. It is unknown if the email accounts of Prime Minister Erna Solberg or other cabinet members were among those