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Tag: Breaking News: Europe

UK inflation rises to 3.4% in December, above forecasts

January 22, 2026January 22, 2026 · Minneapolis, Minnesota Local News

A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that the UK will experience the highest inflation among…

Read more UK inflation rises to 3.4% in December, above forecasts

Euro zone inflation hits 2% in December, in line with forecasts

January 7, 2026January 7, 2026 · Minneapolis, Minnesota Local News

Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had…

Read more Euro zone inflation hits 2% in December, in line with forecasts

Higher inflation and unemployment cast shadow over Europe’s biggest economy

September 4, 2025September 4, 2025 · Minneapolis, Minnesota Local News

A vendor gives a customer change at stall at a farmers market in Hanau, Germany, on Saturday, Aug. 9, 2025. Alex Kraus | Bloomberg | Getty Images Increases…

Read more Higher inflation and unemployment cast shadow over Europe’s biggest economy
Barclays profit jumps 23% in third quarter, beating expectations

Barclays profit jumps 23% in third quarter, beating expectations

October 23, 2024October 24, 2024 · Banking

LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations. The result compared with the £1.17 billion net…

Read more Barclays profit jumps 23% in third quarter, beating expectations
Deutsche Bank swings back to quarterly profit as legal provisions cut, investment banking shines

Deutsche Bank swings back to quarterly profit as legal provisions cut, investment banking shines

October 22, 2024October 22, 2024 · Banking

A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023.  Bloomberg | Bloomberg | Getty Images…

Read more Deutsche Bank swings back to quarterly profit as legal provisions cut, investment banking shines
UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

September 12, 2024September 12, 2024 · Banking

UniCredit CEO Andrea Orcel during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images UniCredit‘s CEO…

Read more UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights
British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily

British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily

August 19, 2024August 19, 2024 · World News

Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013.  Bloomberg | Bloomberg | Getty Images LONDON —…

Read more British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily
UBS posts .14 billion profit in second quarter, smashing expectations

UBS posts $1.14 billion profit in second quarter, smashing expectations

August 13, 2024August 13, 2024 · Banking

General view of the UBS building in Manhattan, New York City, on June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss…

Read more UBS posts $1.14 billion profit in second quarter, smashing expectations
Wegovy maker Novo Nordisk posts earnings miss, cuts operating profit outlook

Wegovy maker Novo Nordisk posts earnings miss, cuts operating profit outlook

August 6, 2024August 6, 2024 · World News

Novo Nordisk Wegovy manufactured by Novo Nordisk packaging is seen in this illustration photo taken in a pharmacy in Krakow, Poland on April 8, 2024. (Photo by Jakub…

Read more Wegovy maker Novo Nordisk posts earnings miss, cuts operating profit outlook
Europe stocks close 2.2% lower amid global downturn as volatility index spikes to Covid-era high

Europe stocks close 2.2% lower amid global downturn as volatility index spikes to Covid-era high

August 5, 2024August 5, 2024 · World News

LONDON — European markets fell sharply at the start of the new trading week, though pared losses towards the end of the session amid a global stock sell-off.…

Read more Europe stocks close 2.2% lower amid global downturn as volatility index spikes to Covid-era high
Barclays profit dips in the second quarter, beats estimates

Barclays profit dips in the second quarter, beats estimates

July 31, 2024August 1, 2024 · Banking

One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021.  Bloomberg | Bloomberg | Getty Images LONDON — Barclays on…

Read more Barclays profit dips in the second quarter, beats estimates
Deutsche Bank shares drop 8% after lender snaps 15-quarter profit streak

Deutsche Bank shares drop 8% after lender snaps 15-quarter profit streak

July 23, 2024July 27, 2024 · Banking

Deutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank division and confirmed…

Read more Deutsche Bank shares drop 8% after lender snaps 15-quarter profit streak
French stocks rise 0.5% after left-wing coalition clinches surprise election win

French stocks rise 0.5% after left-wing coalition clinches surprise election win

July 8, 2024July 8, 2024 · World News

LONDON — French stocks moved higher on Monday as markets reacted to a surprise win for the left in the country’s parliamentary election. The CAC 40 erased earlier…

Read more French stocks rise 0.5% after left-wing coalition clinches surprise election win
Trump ally Nigel Farage elected to British parliament for first time

Trump ally Nigel Farage elected to British parliament for first time

July 4, 2024July 4, 2024 · Business

Reform UK leader Nigel Farage waves after being elected to become MP for Clacton at the Clacton count centre in Clacton-on-Sea, eastern England, early on July 5, 2024. …

Read more Trump ally Nigel Farage elected to British parliament for first time
Slovakian Prime Minister Fico injured in shooting, media reports say

Slovakian Prime Minister Fico injured in shooting, media reports say

May 15, 2024May 15, 2024 · World News

Prime Minister of Slovakia Robert Fico attends a press conference during a Special European Council Meeting on April 18, 2024 in Brussels, Belgium. Pier Marco Tacca | Getty…

Read more Slovakian Prime Minister Fico injured in shooting, media reports say
UK economy emerges from recession with 0.6% growth in first quarter

UK economy emerges from recession with 0.6% growth in first quarter

May 9, 2024May 10, 2024 · Business

Commuters in London. Jason Alden/Bloomberg via Getty Images The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed…

Read more UK economy emerges from recession with 0.6% growth in first quarter
UBS shares pop 8% as Swiss bank returns to profit after Credit Suisse takeover

UBS shares pop 8% as Swiss bank returns to profit after Credit Suisse takeover

May 6, 2024May 7, 2024 · Banking

UBS logo is seen at the office building in Krakow, Poland on February 22, 2024. Jakub Porzycki | Nurphoto | Getty Images UBS on Tuesday reported a swing back…

Read more UBS shares pop 8% as Swiss bank returns to profit after Credit Suisse takeover
Barclays swings back to profit in first quarter amid strategic overhaul

Barclays swings back to profit in first quarter amid strategic overhaul

April 24, 2024April 25, 2024 · Banking

Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — Barclays on Thursday reported first-quarter net income attributable to shareholders…

Read more Barclays swings back to profit in first quarter amid strategic overhaul
Deutsche Bank shares up 6% after first-quarter profit beat, investment banking recovery

Deutsche Bank shares up 6% after first-quarter profit beat, investment banking recovery

April 24, 2024April 25, 2024 · Banking

Deutsche Bank shares were 6% higher on Thursday afternoon after the German lender reported a 10% rise in first-quarter profit, beating expectations amid an ongoing recovery in its…

Read more Deutsche Bank shares up 6% after first-quarter profit beat, investment banking recovery
Lagarde says ECB will cut rates soon, barring any major surprises; notes ‘extremely attentive’ to oil

Lagarde says ECB will cut rates soon, barring any major surprises; notes ‘extremely attentive’ to oil

April 16, 2024April 20, 2024 · Banking

European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any major shocks.…

Read more Lagarde says ECB will cut rates soon, barring any major surprises; notes ‘extremely attentive’ to oil
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