European

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updatesTrainline has said the US standoff with Iran is hitting its revenues, with rail ticket sales to foreign visitors to Europe affected.The UK-based ticketing retailer said it expected revenues to stay flat or decline over the coming year, citing “the effects of geopolitical tensions in the Middle East on inbound air traffic into Europe”. Continue reading...

PM’s attendance at European Political Community meeting in Yerevan signals effort to build new ties after US ruptureCanada is to become the first non-European country to attend a meeting of the European Political Community when the prime minister, Mark Carney, joins Monday’s summit of the 48-plus nation grouping in Yerevan, Armenia.Carney has said he is determined to build a new network of trade and diplomatic alliances after the loss of US markets under Donald Trump. His presence will also represent a show of western support for Armenia in its efforts to distance itself from Russia at a time when the US’s approach to Moscow’s opponents, such as Ukraine, is at best ambiguous. Canadian diplomats have rejected suggestions Ottawa might seek EU membership. Continue reading...

• TechCrunch correspondent Anna Heim identified 21 emerging European AI and tech startups positioned to capture venture investor attention beyond market leaders Mistral AI and Lovable. • The curated list of companies represents underreported opportunities in artificial intelligence and emerging technologies that venture insiders are quietly tracking. • These startups compete in a market where established European firms continue securing massive funding rounds and launching competitive products.

Royal Navy chief says unified naval force will deter future Russian threats from the ‘open sea border’ to the northBritain has agreed to create a unified naval force with nine European countries to deter future Russian threats from the “open sea border” to the north, the head of the Royal Navy has announced.Gen Sir Gwyn Jenkins insisted that despite the ongoing crisis in the Middle East, where the strait of Hormuz remains closed after the US-Israel war in Iran that “Russia remains the gravest threat to our security”. Continue reading...

Eight EU members continue to include force or violence in their definitions in national criminal codesThe European parliament has called on the EU to draw up a standardised consent-based definition of rape, in what legislators described as a crucial step towards addressing the patchwork of laws, some of them insufficient, that currently exist across the bloc.On Tuesday, 447 of the parliament’s 720 MEPs voted to approve a report calling for a common definition of rape, centred on “only yes means yes,” prompting a loud round of applause in the chamber in Strasbourg. Continue reading...

• The European Union announced a €2.1 billion emergency aid package for Ukraine on Friday, aimed at supporting reconstruction efforts and civilian needs amid Russia's intensified spring offensive across multiple fronts in eastern Ukraine. • EU officials stated the funds would prioritize healthcare infrastructure, food security, and electricity grid repairs, with disbursement beginning within two weeks pending parliamentary approval scheduled for April 30. • Ukraine's finance minister praised the commitment but warned that current assistance levels remain insufficient to offset projected $14 billion in war-related economic losses this year alone.

Lawyers for oligarch claim freezing of £5.3bn of assets ‘unfair and abusive’ amid row over use of funds for Ukraine Roman Abramovich has gone to the European court of human rights (ECHR), claiming that a criminal investigation into his financial affairs by the Jersey authorities has breached his human rights, according to reports.The former owner of Chelsea FC, who is sanctioned in the UK over his links to Vladimir Putin, is under investigation in Jersey over allegations of corruption and money laundering. Continue reading...