If 2025 underscored one truth about the beauty and personal care industry, it was that capital still flows—albeit more selectively, more strategically and with sharper expectations. In a year marked by uneven consumer demand, geopolitical tension and higher financing costs, funding activity shifted away from indiscriminate growth and toward balance-sheet strength, portfolio focus and...
The EU is prepared to send additional warships as part of a mission to protect shipping in the Middle East and keep the Strait of Hormuz open “once a ceasefire takes hold,” the bloc’s top diplomat, Kaja Kallas, said Friday.
Dozens of European leaders, including those of France, Germany, Italy and the United Kingdom, convened in person and by video call to discuss...
Outgoing Hungarian prime minister Viktor Orbán has indicated that Hungary could lift its veto on a €90 billion EU loan to Ukraine if oil deliveries through the Druzhba pipeline are restored.
In a post on X on Sunday, Orbán said Hungary had received signals via Brussels that Ukraine may resume oil transit as early as Monday. He reiterated Budapest’s position,...
Slovakia has warned it could block the European Union’s next sanctions package unless it receives guarantees over oil supplies through the Druzhba pipeline, according to officials.
Foreign minister Juraj Blanár said Slovakia would not support the 20th EU sanctions package targeting Russia unless the pipeline is operating normally. He told lawmakers that Bratislava currently has...
In the early hours of Monday, a series of Ukrainian air strikes hit targets inside Russia, setting fire to the Kalejkino pumping station in Tatarstan. The facility, located in the oil production hub of Almetyevsk, is a critical node in Russia’s trunk pipeline network and a key starting point of the Druzhba pipeline.
The attack could further endanger oil supplies to Hungary and...