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Britain announces major change to fiscal rules to free up billions in spending

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Britain's Finance Minister Rachel Reeves has pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability.Pool | Getty...
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Barclays profit jumps 23% in third quarter, beating expectations

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Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K.Bloomberg | Getty ImagesLONDON — British bank Barclays on Thursday reported £1.6 billion ($2...
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European Central Bank cuts rates, Lagarde flags downside risks to inflation outlook

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12 September 2024, Hesse, Frankfurt/Main: Christine Lagarde, President of the European Central Bank (ECB), speaks at the press conference after the Governing Council meeting...
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European markets close higher after ECB cuts rates for the third time this year

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'Probably more downside risk than upside risk' to inflation forecast, Lagarde saysThere is "probably" more downside than upside risk to the ECB's inflation forecast,...
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UK inflation falls sharply to 1.7%, below Bank of England’s target for first time in over three years

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A wet Piccadilly Circus during a rainy morning in the West End, on 26th September 2024, in London, England. Richard Baker | In Pictures |...
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UK economy grows 0.2% in August, in line with expectations

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Alexander Spatari | Moment | Getty ImagesLONDON — The U.K. economy grew 0.2% in August on a month-on-month basis, flash figures published by the...
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Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal

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The Rio Tinto Ltd. booth on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, Feb....
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European Union votes to impose tariffs on Chinese electric vehicles

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Employees work on an electric vehicle (EV) production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024.Adek Berry...
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Rupert Murdoch’s property group REA ends chase to buy Rightmove after multiple rejected offers

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Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Picture date: Thursday June 22, 2023.Victoria Jones | Pa Images...
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European shares close at record high; luxury giants rally on China stimulus

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Krisztian Bocsi | Bloomberg | Getty ImagesLONDON — European markets closed at a fresh record high Friday, as stocks tracked higher on news of...
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H&M shares fall as much as 8% on profit miss and scrapped earnings margin target

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The logo of Swedish clothing retailer H&M hangs over one of its stores on March 28, 2018 in Berlin, Germany.Sean Gallup | Getty Images...
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Bank of England presses pause on rate cuts, highlights ‘gradual approach’

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Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary...
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