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Europe
Iraq Bans Eight Local Banks from U.S. Dollar Transactions
Iraq has implemented a ban on eight local commercial banks from conducting U.S. dollar transactions as part of…
Delta Air Lines Ranks 11th on 50 Most Admired Companies List
Delta Air Lines has secured the 11th position on Fortune Magazine's prestigious Top 50 Most Admired Companies…
Mixed Start for European Stock Markets as Investors Await Key Inflation Data
European stock markets began the week with mixed trading, reflecting subdued risk appetite among investors. The…
British International Investment Joins SDG Outcomes Fund with $10 Million…
British International Investment (BII), the UK's development finance institution and impact investor, has pledged…
European stock markets experience losses to start the new week.
The new week brought losses to European stock markets, mirroring the decline in Tokyo, as investors monitored…
Poll Shows Several British Don’t Want To Pay For Coronation
According to a recent poll that was performed and released on Tuesday, more than half of British citizens do not…
EU Allocates $102.5 million for Humanitarian Aid to Nigeria and other Countries
According to the European Union, the humanitarian aid of €102.5 million will support Nigeria and other nations in…
European Shares Decline as China Data Renews Economic Concerns.
Following China's announcement of its weakest annual economic growth in nearly 50 years, which increased…
After Weeks of Negotiations, EU Nations Agree on a Gas Price Cap.
The energy ministers of the European Union approved a gas price cap. The price ceiling was set at 180 euros per…
UK Inflation Drops from a 41-year High as Fuel Price Surge Subsides.
Inflation in the United Kingdom came in slightly lower than expected in November, at 10.7%, as lower fuel prices…
UK Jobless Rate Increases, but Salary Growth Worries the Bank of England.
The unemployment rate in Britain increased for a second month, and as the economy struggles, some of the…
Britain prepares for Strike Action as Nurses Walk Out.
The largest wave of industrial action to hit the nation in decades will hit Britain as nurses strike, putting…
British Economy Recovers from Royal Funeral Blow.
The British economy recovered from the one-time public holiday marking Queen Elizabeth's funeral in September a…
European Shares Decline amid recession concerns as telecom and utilities struggle.
In response to growing concerns about an impending recession, European shares dropped, with utilities and telecom…
Bank of England to add 50 bps to Bank Rate on Dec. 15.
Despite the economy entering a recession, the Bank of England will increase Bank Rate by another 50 basis points,…
In Spite of a Prolonged Recession, the Bank of England Raises Rates by the Highest…
On Thursday, the Bank of England increased interest rates to their highest level since 1989; but issued a warning…
Ukraine Gets Pounded by Missiles.
Even though Russia had reneged on a U.N. Backed agreement to secure exports from the conflict zone; twelve ships…
The Financial Facility For London Transportation Is 500million STG.
The British capital's transportation system will receive 500 million pounds ($567 million) from London municipal…
The Impact Of Europe’s Energy Crisis Will Grow Over Time.
The energy crunch is a long-term issue that will increase public debt in Europe; render the continent less…
Market Operations Will Cease On September 19 At The Bank of England.
In accordance with its standard procedure for public holidays, the Bank of England said that it will stop its…
Turkey’s Inflation Exceeds 80%
According to figures released, Turkey's annual inflation increased to 80. 21% in August, somewhat less than…
United Airlines, Emirates Set To Announce Codeshare Agreement.
United Airlines (UAL. O) and Dubai's Emirates are set to announce a codeshare agreement in the coming…
British Household Energy Bills To Jump 80% To Over $4,000 A Year.
British energy bills will jump 80% to an average of 3,549 pounds ($4,188) a year from October; plunging millions…
Britain To Support Rebuilding Of Ukrainian Transport Network.
Britain will share technical expertise with Ukraine as part of a new package of support to help the country…
Low-Growth, High-Inflation Era Beckons Post-Pandemic America.
On paper, T.J. Semanchin's Wonderstate Coffee business seems more productive than ever; with fewer workers…
Analysis: The Rise In Gas Prices Has Caused Inflation Fears For European Markets.
Another dramatic spike in natural gas prices appears to have ended any hopes that Europe's inflation battle is set…
Rouble Steadies Near 60 Vs Dollar, Stocks Down.
The rouble eased but still traded near 60 against the dollar as it retained some support from month-end tax…
Swiss Gold Exports To China Surge To 5-1/2-Year High.
Swiss exports of gold to China in July rose to their highest since December 2016, Swiss customs data showed…
EUROPE POWER Rising German Solar Supply Weighs On Spot Prices.
European spot power prices fell as German solar supply is seen rising; while French nuclear availability…
Russian Stocks Rise As The Rouble Reaches A One-Week High Against The Euro.
The Russian rouble strengthened to a one-week high against the euro, boosted by upcoming tax payments; that…