The 25-year-old great-granddaughter of Richard Wagner will make her directing debut at the Bayreuth Festival, the prestigious festival dedicated exclusively to the composer's works, in 2007. In the latest move in what has been a long and bitter battle of control, Katharina Wagner was assigned by Wolfgang Wagner, Richard's 84-year-old grandson, to direct the future production of Die Meistersinger von Nürenberg. Wolfgang has been in charge of the annual festival since 1951, and wants Katharina to be his successor, according to Agence France Presse reports. But his daughter from his first marriage, Eva Wagner-Pasquier, as well as his late brother's daughter, Nike Wagner, are also pretenders to the Bayreuth throne. Katharina has been an assistant at Bayreuth since 1996. Her first professional production was in Würzburg in 2002.
US online retail giant Amazon has reported a hefty net loss for the third quarter, sending its shares into a downward spiral. The company said the negative result was due to heavy investment in new products.
Italian Premier Renzi has threatened to spotlight the costs of running Brussels institutions as EU leaders turn to debating budgetary plans for 2015 on day two of their summit. Italy and France are pushing for leeway.
Sweden has called off a weeklong search for a suspected foreign submarine in waters off the coast of Stockholm. The hunt was launched after a report of "foreign underwater activity."