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Milan Malpensa Airport Cancels 134 Flights Amid European Disruptions, May 31
Milan Malpensa Airport cancelled 134 flights May 30 due to a global aviation crisis affecting fuel, crew, and maintenance across Europe and the US.

Germany Debates Tax Breaks for Gender Equality, May 30
Germany debates tax policy reforms to support gender equality and increase female workforce participation through changes to married couple benefits.

Swiss Air Dismantles A220 Fleet as Winter Losses Loom, May 30
Swiss Air phases out nine A220-100 aircraft by 2027, dismantling two for spare parts due to engine supply constraints.

India Launches ‘Save Our Fields’ Campaign on June 1 to Cut Farm Costs
India’s Khet Bachao Abhiyan campaign launches June 1 to reduce farm costs, improve soil health, and promote sustainable agriculture nationwide.

Microsoft Hits $450.24 on $37B AI Revenue Run Rate, May 31
Microsoft stock rises 5.45% to $450.24 on $37B AI revenue run rate. Trading volume hits 124% above average as investors see cloud growth potential.

UBS Cuts Hundreds of Jobs in EMEA as Credit Suisse Integration Continues, May 30
UBS cuts hundreds of jobs in EMEA region following Credit Suisse takeover. Integration on track for completion by end-2026. Stock rated B by Meyka.

Shetland Undersea Tunnels Cost £1.5bn Total, Council Vote Set for June 30
Shetland Islands Council proposes £1.5bn undersea tunnels to link Yell, Unst, Whalsay, and Bressay. Council votes June 30.

Hegseth Shifts US Strategy in Asia: Allies Must Spend More, May 30
Hegseth urges Asia-Pacific allies to increase defense spending to 3.5% of GDP and reduce reliance on US military support amid strategic priorities.

Germany’s Green Hydrogen Strategy Faces Cost Squeeze, May 30
Germany imports hydrogen from Finland and Denmark as domestic production costs rise, supporting European decarbonization goals.