Author: Press Room

The European Commission has recommended that Bosnia and Herzegovina be granted the official status of candidate country to join the European Union, but under the condition of further reforms.”Today we have proposed to grant candidate status to Bosnia and Herzegovina in the [Commission’s] college decision,” EU Commission President Ursula von der Leyen said on Wednesday.”We have recognised Georgia’s European perspective too, so the wind of change is once again blowing through Europe and we have to capture this momentum.”The announcement represents a geopolitical step forward for the Balkan country, which has for months seen a rise in political infighting and…

Wholesale prices rose more than expected in September despite Federal Reserve efforts to control inflation, according to a report Wednesday from the Bureau of Labor Statistics.The producer price index, a measure of prices that U.S. businesses get for the goods and services they produce, increased 0.4% for the month, compared with the Dow Jones estimate for a 0.2% gain. On a 12-month basis, PPI rose 8.5%, which was a slight deceleration from the 8.7% in August.Excluding food, energy and trade services, the index increased 0.4% for the month and 5.6% from a year ago, the latter matching the August increase.Food…

When Viktor Orban made his first posts on Twitter this week, one of them gave us a clue as to why Hungary’s PM has chosen now to join the social media platform.”After my first day on Twitter, there’s one question on my mind. Where is my good friend @realDonaldTrump?”  read the post, showing a gif of John Travolta.With Hungarians generally preferring Facebook, there is seemingly little domestic motivation for Orban to join the rival platform.Experts have told Euronews Orban’s arrival points to the fact he is keen — amid the fallout from Russia’s war in Ukraine and a long-running dispute with…

Previous research shows that exposure to certain environmental hazards, such as secondhand smoke, lead, pesticides, and air pollution, can impact the health of an unborn baby.University researchers have discovered air pollution particles in the lungs, liver, and brain of fetuses in the womb. The scientists believe that the particles can cross to the unborn baby through the placenta as early as the first trimester of pregnancy.Previous research shows that specific environmental hazards can impact an unborn baby. For example, scientists link exposure to secondhand smoke during pregnancy to a 13% increased risk of birth defects and a 23% increased risk…

Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport.Massimo Insabato | Mondadori Portfolio | Getty ImagesUnited Airlines is planning another big schedule increase for trans-Atlantic travel, in a bet that consumers will continue to shell out for international trips, some of which they had put off for years.Next summer, United says it will fly to 37 cities in Europe, Africa, India and the Middle East, a total it said is more than other U.S. airlines combined. It will also bring back destinations including a nonstop flight from its Newark Liberty International Airport hub in New Jersey and Stockholm…

Many operators of semi-automated motor vehicles drive as if their autos are fully automated, despite the crash risks of doing so, according to a study released Tuesday by the Insurance Institute for Highway Safety (IIHS). The study, based on a survey of 600 users of Cadillac’s Super Cruise system, Nissan/Infiniti’s ProPilot system, and Tesla’s Autopilot system, found the drivers were more likely to perform non-driving activities, like eating or texting, while using the driver assistance systems. On top of that, more than half the Super Cruise drivers (52%), two out of five Autopilot drivers (42%), and 12% of ProPilot drivers…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. A closely watched measure of inflation in the United States is expected to tick higher in September even as the Federal Reserve moves to fight rising prices at its most aggressive pace in decades. Wall Street is worried that yet another high reading on the Consumer Price Index will prompt another massive interest rate increase and inflict more pain on markets and the…

Sky News host Peta Credlin says proposed federal anti-corruption commission should “avoid the mistakes” of the state-based commissions.“Like the Victorian one, that constantly makes findings against the Andrews Government but as yet not one MP has faced any significant consequences,” she said. “Or the New South Wales one, a kangaroo court that routinely destroys people’s careers on the basis of rumour or trivia.”Ms Credlin said the federal watchdog “must get the model right” lest the anti-corruption commission be “weaponised against political opponents”. Source: Sky News

Check out the companies making headlines before the bell:PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue also topping forecasts. PepsiCo was able to successfully raise prices on its products and raised its guidance for the year. The stock gained 2.4% in the premarket.Intel (INTC) – Intel added 1% in premarket trading following a Bloomberg report that the chip maker was planning to cut thousands of jobs to deal with a slumping personal computer market. Intel had 113,700 employees as of July.Philips (PHG) – Philips shares…

If you’re looking for a warm European getaway this autumn, look no further than Turkey. The city of Marmaris on the Mediterranean coast is thought to be the cheapest European holiday destination right now.And with average temperatures between 18°C – 25°C in October, while many Europeans see Turkey as the perfect ‘fly and flop’ beach holiday, it has much more to offer than just sun loungers.Turkey bridges Europe with Asia and is often described as where ‘east meets west’. It shares borders with Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq and Syria. Each country influences Turkey’s culture in its own way, so…