List of All Articles with Tag 'europe'

Christine Lagarde is confronting how tighter monetary policy is driving the euro-zone economy into the ground in her

European Central Bank officials appeared to view risks to the euro area’s inflation outlook as balanced, according to

Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.

L’Oreal SA sales rose as European customers spent more on lipstick and skincare, offsetting a tepid recovery in

Russian President Vladimir Putin promised to send free grain to six African countries that have strong ties with

The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door

The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.

Vacationers are turning their eyes toward Norway, Denmark and Sweden, as a heat wave encompassing southern Europe embodies

Prada SpA reported stronger earnings as the Italian fashion group benefited from shoppers in Europe and Asia splurging

Deadly wildfires erupted on Greece’s mainland, killing two as it scorched the land and left a path of destruction in its wake. The coastal area of Magnesia and city of Volos were gripped by engulfing flames on Wednesday evening, forcing the evacuation of several local communities fleeing to safety. It comes as the Greek fire brigade warned the risk of fire remained “extreme” for several areas of the country on Thursday, with climate crisis minister, Vassilis Kikilias, echoing: “Nothing is over, the battle will continue throughout the summer.” High temperatures and winds have created a “perfect storm” to allow the fires to spread this week in Europe and north Africa including Greece, Portugal, Turkey, Italy, France, Croatia, Spain, Algeria and Tunisia. As the threat lingers in Rhodes, TUI has said customers booked “on a package holiday to a hotel in the south of the island” have the option to “rebook or amend their holiday, or cancel with a full refund” upto and including 11 August. Read More Where are the wildfires? The nine affected countries mapped More than 40 people killed as wildfires rage in nine Mediterranean countries in record heatwave UK’s 40C summer of 2022 ‘will seem cool’ as extreme weather events become frequent, Met Office warns When will heatwave in Europe end? New forecast shows relief in sight

Tourism has bounced back furiously in the world’s major tourism markets. Spain recovered 86% of its pre-pandemic tourist

Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year