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ECONOMY

The UK Consumer Prices Index fell to 10.1 percent in January compared with a rate of 10.5 percent in December

UK inflation retreats further, remains above 10%

British annual inflation dropped further last month on easing transport costs, official data showed Wednesday, but remains above 10 percent, prolonging a cost-of-living crisis that has sparked massive strikes.
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Europe is keen to boost trade with ASEAN, which includes some of the world's fastest growing economies

European shares rise as defence stocks rally

European shares rose on Monday as defence stocks jumped on news of India aiming to triple its defence exports, while a fall in real estate stocks on disappointing quarterly results from Sweden's Castellum countered gains.
Paris

Cost of living crisis tests striking French workers

French railway worker Franck Viger-Brunet says he and his comrades have to count carefully the costs of going on strike to force President Emmanuel Macron to back down on plans to hike the retirement age by two years to 64.
Eurozone unemployment fell to its lowest point since official statistics were first compiled in 1998

Eurozone dodges recession but gloomy outlook persists

The eurozone economy showed greater resilience than expected after avoiding a recession in the fourth quarter of 2022, official data showed Tuesday, but the outlook remained gloomy as soaring prices dampen growth.
German share price index DAX graph is pictured at the stock exchange in Frankfurt

European shares gain on earnings optimism

European shares marched higher on Thursday as upbeat quarterly results from STMicroelectronics, Sabadell and Nokia eased some worries about the impact of stubborn inflation and slowing economic growth on corporate profit.