Breaking News: Europe

European Central Bank policymakers on Thursday lowered their annual growth forecast, as they confirmed a widely expected hold of interest rates.Staff projections now see economic growth of 0.6% in 2024, from a prior forecast of 0.8%.…
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A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021.Hollie Adams | Bloomberg | Getty ImagesLONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the…
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Shoppers at delicatessen market stall in Milan, Italy, on Thursday, Dec. 28, 2023.Bloomberg | Bloomberg | Getty ImagesHeadline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation…
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LONDON, UK - Sept. 2021: People seen dining outdoors in Soho in London in September 2021.SOPA Images | LightRocket | Getty ImagesLONDON — U.K. inflation fell by more than expected in to hit 3.9% in November, in the lowest annual reading…
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UK Home Secretary Suella Braverman attends the weekly government cabinet meeting at 10 Downing Street on May 23, 2023 in London, England.Leon Neal | Getty Images News | Getty ImagesLONDON — U.K. Prime Minister Rishi Sunak on Monday…
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A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. Denis Balibouse | ReutersUBS shares climbed on Tuesday morning after the Swiss banking giant resoundingly beat expectations for underlying profit.The bank recorded…
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LONDON — Barclays shares retreated on Tuesday as investors assessed the prospect of cost-cutting charges, pressure on domestic interest margins and weak performance in formerly strong divisions.The bank reported a net profit of £1.27…
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From February 5, 2023, the European Union will no longer purchase petroleum products such as diesel, gasoline or lubricants from Russia.Picture Alliance | Picture Alliance | Getty ImagesRussia's government on Friday said it had withdrawn…
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Novartis said in August that it plans to spin off its generics unit Sandoz to sharpen its focus on its patented prescription medicines.Bloomberg | Bloomberg | Getty ImagesNovartis on Wednesday completed the spinoff of its generics and…
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A view of site after a private jet, allegedly carrying Wagner head Yevgeny Prigozhin and other passengers crashed in Russia's northwestern Tver region, Russia on August 23, 2023.Wagner Telegram Account | Handout | Anadolu Agency | Getty…
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