Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:22
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:15
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:49
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:28
Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro
A Montenegrin court revoked a bail application from former crypto mogul and Terraform Labs co-founder Do Kwon, keeping
2023-05-25 16:15
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:57
UK Energy Bills Set to Drop as Easing Gas Costs Finally Register
British consumers are set to see a big drop in energy bills that have been crippling household budgets
2023-05-25 14:28
Billionaire Reuben Brothers Win Battle Over Russian Fraud
A New York court has found that the billionaire Reuben brothers were defrauded by a family friend of
2023-05-25 14:28
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:24
Marketmind: Fitch puts US on watch; will it matter in Washington?
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues
2023-05-25 12:59
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:59
ECB Must Still Raise Interest-Rates More, Vasle Tells Delo
The European Central Bank must lift borrowing costs further to return inflation to its target, Governing Council member
2023-05-25 12:23