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Breaking News: Europe

European Central Bank cuts rates, Lagarde flags downside risks to inflation outlook

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...

European markets close higher after ECB cuts rates for the third time this year

'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,...

UK inflation falls sharply to 1.7%, below Bank of England’s target for first time in over three years

A wet Piccadilly Circus during a rainy morning in the West End, on 26th September 2024, in London, England. Richard Baker | In Pictures |...

UK economy grows 0.2% in August, in line with expectations

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...

Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal

The Rio Tinto Ltd. booth on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, Feb....

European Union votes to impose tariffs on Chinese electric vehicles

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...

Rupert Murdoch’s property group REA ends chase to buy Rightmove after multiple rejected offers

Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Picture date: Thursday June 22, 2023.Victoria Jones | Pa Images...

European shares close at record high; luxury giants rally on China stimulus

Krisztian Bocsi | Bloomberg | Getty ImagesLONDON — European markets closed at a fresh record high Friday, as stocks tracked higher on news of...

H&M shares fall as much as 8% on profit miss and scrapped earnings margin target

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...

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

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...

Google’s 2.4 billion euro fine upheld by Europe’s top court in EU antitrust probe

The European Union flag is seen with Google's logo.Jaap Arriens | NurPhoto | Getty ImagesEurope's top court on Tuesday upheld a 2.4 billion euro...

Apple loses EU court battle over 13 billion euro tax bill in Ireland

Omar Marques | Sopa Images | Lightrocket | Getty ImagesEurope's top court on Tuesday ruled against Apple in the tech giant's 10-year court battle...

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