A general view of the inside of the stadium as fans of Portugal celebrate after Portugal defeat Slovenia in the penalty shootout during the UEFA EURO 2024 round of 16 match between Portugal and Slovenia at Frankfurt Arena on July 01, 2024 in Frankfurt am Main, Germany. Harriet Lander -...
General view of the Bank Of England building in London. Sopa Images | Lightrocket | Getty ImagesLONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, confirming market expectations even after U.K. inflation hit its 2% target.It keeps the central bank's key...
People with umbrellas on London Bridge.Karl Hendon | Moment | Getty ImagesLONDON — U.K. economic growth ground to a halt in April, according to flash figures published on Wednesday, stalling the muted rebound from last year's recession mere weeks ahead of a national election. Economists polled by Reuters had...
General view of the center of Corfu with a little restaurant in Old Town in Corfu, Greece, in May 2024.Sopa Images | Lightrocket | Getty ImagesInflation in the euro zone rose to 2.6% in May, statistics agency Eurostat said Friday, but a higher-than-expected print did not sway market bets...
People walk in the rain over the London Bridge in central London, March 12, 2024.Lucy North - Pa Images | Pa Images | Getty ImagesLONDON — U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.Economists polled by Reuters...
The war between Russia and Ukraine — both major producers of food commodities and energy — has disrupted global production, trade and supply in these areas, leading to a surge in prices.Solstock | E+ | Getty ImagesU.K. inflation fell to 2.3% in April, the Office for National Statistics said...
A shopper selects fresh produce from a market stall in the Kingston district of London, UK, on Monday, May 20, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — U.K. inflation could be about to hit a major milestone, with some forecasting that a sharp fall in the April print will...
Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs.The Dublin-based firm said full-year profit after tax jumped 34% to 1.92 billion euros ($2.09 billion), and announced a 700-million-euro share buyback program.Revenue rose 25% year-on-year to 13.44 billion euros...
Europe's macroeconomic outlook is brighter — but markets may be underestimating the potential for sudden destabilization due to geopolitics, the vice-president of the European Central Bank said Thursday."We are talking about the electoral cycle that is going to take place not only in the U.S., but as well in...
The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on Chinese electric vehicles and other goods, the bloc's economic chief said Wednesday."I think that as far as Europe is concerned we need a more mature attitude in our trade, securing our economy ......