Europe News
European markets seen lower as China-U.S. trade tensions intensify
European markets are set to open lower Monday after President Trump announced new tariffs against China.
Greek PM Alexis Tsipras survives no-confidence vote in parliament
Greek Prime Minister Alexis Tsipras survived a no-confidence motion in parliament on Saturday.
UK national health service to get $26.5 billion boost post-Brexit, PM Theresa May says
The money will come partly from tax hikes and partly from money that will no longer be going to the European Union.
European markets close lower after ECB-fueled rally; Rolls-Royce up 8%
European shares closed lower Friday afternoon as investors paused for breath.
Merkel’s position as German leader is under threat over an immigration split
The situation is said to be on a "knife-edge" as right-wing pressure threatens to break the country's grand coalition.
Molotov cocktails and state-led violence: How Nicaragua is slipping into Venezuela-crisis territory
The Central American nation of 6 million has been rocked by popular protests and state-level violence since mid-April.
Professor Stephen Hawking’s words to be beamed into space
The physicist’s ashes will be buried in Westminster Abbey between the remains of Isaac Newton and Charles Darwin.
Europe markets close 1.4% higher as ECB plans 'dovish' end to QE; Aveva up 12%
European stocks rallied to close higher Thursday afternoon after the European Central Bank (ECB) provided the market with clues on the end of its massive bond-buying program.
Greece passes fast-track reform package to unlock bailout cash
Greece's parliament on Thursday passed a fast-track reform package to unlock bailout funds and wrap up a fourth review of its loan programme.
ECB says its massive bond-buying program will likely end in December
The European Central Bank (ECB) outlined plans to end its massive stimulus program by the end of this year.
Euro slides as Draghi delivers a ‘dovish’ end to the ECB’s easy money
The European Central Bank (ECB) said Thursday interest rates will likely stay at current levels through the summer of 2019.
China says its new jet to rival Airbus and Boeing will be ready to fly in 2021
The COMAC jet currently has 815 orders from 28 customers.
Russian government plans VAT hike and raising the retirement age
Russia's government has proposed raising value-added tax (VAT) to 20 percent from 18 percent, starting from 2019, Prime Minister Dmitry Medvedev said Thursday.
Italy could try to block the EU-Canada trade deal to protect its famous foods
Italy's agriculture minister suggested the country will not ratify a free trade agreement between the EU and Canada, saying that it doesn't do enough to protect the nation's specialty products.
The ECB is set to begin the process of its easy money-exit
Whether the details come in June or July, the overwhelming majority of economists polled by Reuters expect the purchases to end by the end of 2018.
Rolls-Royce to cut 4,600 jobs to save $536 million a year
Britain's Rolls-Royce said it would cut 4,600 jobs primarily in the UK as part of a plan to simplify its business.
The World Cup will give Russia's economy a boost — just don't expect it to last
Russian President Vladimir Putin will be hoping that soccer's World Cup, starting Thursday, will put his country in the international spotlight, but economists are downbeat on any long-term boost it could bring to the country's economy.
May to Brexit rebels: The UK Parliament can’t ‘tie the hands’ of my government
Just over 9 months remain until Britain officially leaves the European Union.
UK says it’s on the path to creating giants to rival Google and Facebook
Technology firms are to put nearly £2.3 billion ($3 billion) of private investment into the U.K.
UK leader Theresa May says 'special relationship' with the US means there can also be disagreements
The close relationship between the U.S. and the U.K. means the two countries can disagree on certain issues but still find solutions, British Prime Minister Theresa May told CNBC Wednesday.
European markets close higher ahead of Fed rate decision; Just Eat down 5%
European markets closed higher Wednesday afternoon, as investors waited for the latest monetary policy decision from the U.S. Federal Reserve.
Arab states launch biggest assault of Yemen war with attack on main port
The assault marks the first time the Arab states have tried to capture such a heavily-defended major city since they joined the war three years ago.
Auto firms are at risk of extinction in the UK after Brexit, business chief says
The CBI boss also said U.K. lawmakers had failed to help businesses prepare for leaving Europe.
UK inflation unexpectedly holds at one-year low despite oil price rise
Consumer price inflation held at an annual rate of 2.4 percent in May, its joint-lowest since March 2017.
Britain's Dixons Carphone discovers data breach affecting 5.9 million payment cards
Dixons Carphone said an ongoing investigation indicated there was an attempt to compromise 5.9 million payment cards.
Salesforce announces $2.5 billion investment in the UK amid Brexit uncertainty
The news will be a welcome boost for May, who is currently contending with a government split over Brexit.
'We have a deal,' say Greece and Macedonia over name dispute
Greece and Macedonia have reached an historic accord to resolve a dispute over the former Yugoslav republic's name that has troubled relations between the two neighbours for decades.
Sterling rises as UK PM May wins parliament vote on Brexit
The pound rose on Tuesday after British PM May won a key vote in parliament with a compromise.
Chinese vase found in shoebox sells for $19 million
The well-preserved vase dates from the 18th century, originally made for a Qing dynasty emperor.
A crucial Brexit debate is underway that threatens to derail the whole process
The main battle centers over whether the U.K. government or parliament will hold the final say over withdrawal from thge European Union.
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