European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'
The central bank revised its economic projections, expecting headline inflation to average 2.3% in 2025, while the euro area's GDP ...
Tag: Breaking News: Europe
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Euro zone inflation eased to 2.4% in February, slightly above analyst expectations of 2.3%, with core inflation at 2.6% and ...
German inflation stays unchanged at hotter-than-expected 2.8% in February
German annual inflation remained unchanged but higher than expected at 2.8% in February, compared to economists' 2.7% estimate, with monthly ...
Shares of British aerospace giant Rolls-Royce hit all-time high on upbeat outlook, profit beat
British aerospace group Rolls-Royce reported stronger-than-expected full-year earnings, with a 57% increase in operating profit to £2.46 billion in 2024. ...
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP announced a strategic reset, increasing annual oil and gas investment to $10 billion by 2027 while ...
Prosus to buy Just Eat for $4.3 billion as it seeks to create European food delivery 'champion'
European food delivery giant Just Eat Takeaway.com is set to be acquired by Dutch technology investor Prosus in a 4.1 ...
Germany's conservatives win election, as far-right AfD leaps to second place, exit polls show
The Christian Democratic Union and the Christian Social Union won the largest share of votes in the German federal election, ...
UK inflation leaps to higher-than-expected 3% in January
The U.K.'s inflation rate surged to 3% in January, exceeding analyst expectations, driven by transport and food costs, with core ...
Zelenskyy calls for creation of 'European army' as he warns Russia 'is not preparing for dialogue'
Ukrainian President Volodymyr Zelenskyy called for the creation of a European army to enhance defense capabilities against Russia, warning of ...
UK economy ekes out 0.1% growth in the fourth quarter, beating expectations
The U.K. economy grew by 0.1% in the fourth quarter, surpassing expectations, driven by improvements in the services and construction ...
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