europe

European and US stock markets mostly rose on Thursday after the European Central Bank and Bank of England raised interest rates, joining the US Federal Reserve in moving once again to cool sky-high inflation.

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.

Europe's glittering luxury companies, the region's top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spending, but for some the sector is starting to look expensive.

The International Monetary Fund on Tuesday raised its 2023 global growth outlook slightly.

European shares fell on Monday, as cautious investors anticipated a slew of interest rate hikes by prominent central banks this week, with shares of rate-sensitive sectors including technology among the major laggards.

Rising borrowing costs are giving a long-awaited lift to Europe's beleaguered banks, but they come with a sting in the tail.

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.

Eight years after facing a refugee crisis in 2015, the European Union is still struggling with how to reform its asylum system -- just as migrant entries are once again rising.

Germany is set to narrowly escape a recession this year, the government said Wednesday, as Europe's biggest economy weathers the fallout from the Ukraine war better than expected.

The EU on Tuesday announced proposals to try to reverse an "alarming decline" in the number of bees -- and other insects that pollinate the bloc's crops -- including by rewarding organic farming.

Europe's JUICE spacecraft is all ready to embark on an eight-year odyssey through the Solar System to find out whether the oceans hidden under the surface of Jupiter's icy moons have the potential to host extraterrestrial life.

European stock indexes edged higher on Monday, while Wall Street futures struggled to make gains as investors weighed up recession fears with hopes that inflation could be past its peak.

NATO and EU members Estonia and Latvia told their Russian ambassadors to leave after Moscow said it was downgrading diplomatic relations with Estonia.

President Emmanuel Macron on Friday announced plans to increase France's defence budget by a third for the next seven years, after Russia's invasion of Ukraine last year rattled Europe.

European shares climbed on Friday, as optimistic investors gauged the potential impact of a week-long Lunar New Year holidays after China lifted its COVID-19 curbs, even as concerns over global economic slowdown continued to sap sentiment.

Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as investors return to riskier debt after rising interest rates and Russia's war in Ukraine froze markets last year.

More Brexit-related relocations from London and rise in trading increased the number of bankers earning more than a million euros a year in the European Union by more than 40% in 2021, the bloc's banking watchdog said on Thursday.

The head of the European Parliament, Roberta Metsola, has disclosed the many gifts she has received in the past year, albeit late, as the scandal-hit institution seeks to rebuild credibility.

The EU on Monday said it would take "decisive steps" to protect Europe in the face of massive US subsidies that have left the bloc scrambling to find a way to keep businesses on the continent.

European shares slipped on Tuesday, taking a breather from their sharp rally since the start of this year, after China posted its weakest annual economic growth in nearly half a century, stoking investors' fears of an economic slowdown.

European debt sales have had their fastest start to the year on record as governments and financial institutions take advantage of borrowing costs falling from multi-year highs.

The United States has placed the highest priority on addressing European Union fears that the U.S.

The president of the European Parliament will seek Monday to get ahead of a graft scandal that has rocked the legislature, by officially unveiling a series of reforms to clean up the multinational assembly.

The risk that European Union governments will not be able to spend the largest aid package in its history is growing as members struggle to meet deadlines imposed by the bloc, officials from four countries have told Reuters.

European shares inched up on Monday as gains in healthcare stocks helped the benchmark index extend its sharp rally thus far into the new year, while UK's FTSE 100 hovered close to a record high.

Microsoft is likely to receive an EU antitrust warning about its $69 billion bid for "Call of Duty" maker Activision Blizzard, people familiar with the matter said, that could pose another challenge to completing the deal.

France wants the European Union to adopt a "Made in Europe" industrial strategy in response to the U.S.

Global equities mostly rose Friday but the dollar struggled as slowing US inflation fuelled speculation that the Federal Reserve would take a softer approach to its monetary tightening campaign.

European shares rose on Friday and were hovering near a nine-month high, supported by healthcare and banking stocks and upbeat economic data from the UK.

Europe's largest known deposit of rare earth elements, essential for the manufacturing of electric vehicles, has been discovered in Sweden's far north, boosting Europe's hopes of cutting its dependence on China.