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Ecuador's Supreme Court has found former President Lenín Moreno guilty of corruption. Bribes totaling $76 million were paid in connection with the construction of the "Coca Codo Sinclair" hydroelectric plant by Sinohydro. Moreno announced he will appeal the verdict.
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King Harald V. of Norway has died at the age of 89. He was considered a unifying figure for the country, known for his ability to unite Norwegian society with his words, particularly regarding diversity and after terrorist attacks.
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Norway's King Harald has died at the age of 89 in Oslo. He was the oldest reigning monarch in Europe. His son Haakon will succeed him.
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Hendrik Holt, sentenced to seven and a half years for fraud involving wind farm projects, has escaped from custody in Berlin during his leave. The Osnabrück public prosecutor's office has initiated a manhunt.
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Solara4, the British operator of Portugal's largest solar park, has become insolvent. This is due to lower-than-forecasted electricity production, falling wholesale prices, and disputes with the construction company.
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Four former Commerzbank employees have been indicted on suspicion of serious tax evasion in connection with Cum-Ex transactions. They are accused of causing tax damage exceeding 20 million euros through transactions between 2006 and 2011.
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The Bundesbank expects a slowdown in the German economy due to low water levels. Restricted goods transport on waterways is leading to delivery delays and increased transport costs, which could affect production.
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Concentration camp survivor Bernt Lund has died at the age of 101. He was arrested in 1942 for his resistance against the German occupation of Norway and later worked as a teacher, civil servant, politician, and diplomat.
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Wanda Traczyk-Stawska, a fighter in the Warsaw Uprising and member of the Home Army, has died at the age of 99. She advocated for a safe Poland within Europe.
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The order backlog in German industry reached a level in June not seen in over a decade. This indicates a positive business situation, despite economic challenges such as high oil prices.
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