Florence hosts final match of Calcio Storico Fiorentino, a Renaissance-era football tradition where punching, kicking and wrestling remain part of the game

Germany halts all rail services after nationwide train radio outage. Passengers stranded as Deutsche Bahn works to restore GSM-R system.

All rail services in Germany were suspended on Tuesday evening due to a nationwide disruption of the GSM-R digital rail radio system, with Deutsche Bahn holding all trains at stations and working to resolve the issue. Dozens of passengers were stranded at Berlin's Westkreuz S-Bahn station, and the entire Berlin S-Bahn network was affected, with services suspended on all lines and passengers advised to use BVG alternatives.

ECB's Schnabel says further interest rate hikes needed to bring inflation back to 2% target over the medium term

ECB's Schnabel says from today's perspective, interest rates will need to be raised further to bring inflation back to the two percent target over the medium term.

Germany considers scrapping plans for its largest warship project since World War II, the Financial Times reports.

Germany is considering abandoning plans for its largest warship project since World War II, the Financial Times reports.

Ari Emanuel in advanced talks to buy theater group ATGEntertainment for £4.5 billion ($5.9 billion), FT reports

Hollywood superagent Ari Emanuel is in advanced talks to acquire theater group ATGEntertainment for £4.5 billion ($5.9 billion), the Financial Times reported.