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europe

European gas market still prone to risks this winter, IEA warns

Europe’s natural gas market still faces the risk of volatile prices this winter even though the worst in the continent’s energy crisis seems to...

European gas prices head for biggest weekly loss of the year

European natural gas prices are poised for their biggest weekly drop this year as the region continues to fill up its storage facilities and...

Europe’s diesel market shows signs of unusual summertime panic

Europe’s diesel market is starting to spike, underscoring its vulnerability to supply disruptions since cutting off imports from top supplier Russia earlier this year,...

European business activity slows in June as higher interest rates begin to bite

Business activity growth in Europe slowed in June, pointing to a difficult end to the second quarter, according to preliminary data Friday, CNBC reports. The...

European leaders meet in Republic of Moldova to tackle regional crises and pressure Moscow

European leaders are meeting Thursday at a summit in Republic of Moldova held on one of the most vulnerable points on the continent's strategic...

Investors see trouble ahead after Europe’s stellar first quarter

Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging economic backdrop that includes surging inflation and rising interest rates,...

Europe’s outlook for economic growth brightens a little

The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis but...

Facial-recognition ban gets lawmakers’ backing in AI Act vote

Europe got closer to a full-on ban on facial recognition in public spaces and reining in ChatGPT after lawmakers adopted a strengthened version of...

Eurozone economy posts meager growth in first quarter

The eurozone economy expanded only slightly in the first quarter of the year, after stagnating at the end of last year, preliminary data released...

ECB and BOE should tread carefully with rate hikes says IMF

Europe’s central banks should be wary of potential dangers ranging from more financial stress to a divergence in bond yields as they stay the...