Italian bonds push higher as PM Mario Draghi suggests he'll stay in power
Italy's Mario Draghi said Wednesday he will stay in power provided parliamentarians back his coalition government.
CNBC Europe
UK shatters record for its hottest day ever; London fire service declares 'major incident'
Britain recorded its hottest-ever day Tuesday, with temperatures hitting a high of 40.3 degrees Celsius (104.5 degrees Fahrenheit) in south England.
Russia is laying the groundwork to annex Ukrainian territory, White House says
Meanwhile, the Biden administration is preparing a new security assistance package for Ukraine.
Google will let Android developers use rival payments systems in Europe
Google will let nongaming app developers use rival payments systems on its Android operating system for some European users, the company announced Tuesday.
Crypto developers descend on Paris to party underground at the Catacombs as turmoil grips the industry
Welcome to the Ethereum Community Conference, an annual event that draws the world's top developers and cryptographers to the City of Light.
'Heat apocalypse': Photos show Europe's devastating fires as temperatures surge
Heat records have been broken across Western Europe, with Britain recording its hottest-ever day.
Biden to sign executive order aiming to deter taking of U.S. hostages, wrongful detentions
The executive order comes as the Biden administration works to release WNBA star Brittney Griner from a Russian prison.
Russia nears gas shutdown in Europe as Germany rejects claims it can't fulfill contracts
Germany's energy giant, Uniper, told CNBC it had "formally rejected" Gazprom's force majeure claim.
UK outlines net-zero aviation plan on hottest-ever day, says travelers can keep flying 'guilt-free'
The U.K. government's so-called "Jet Zero" strategy comes as Britain reported its hottest day on record.
Rolls-Royce and easyJet to test hydrogen combustion engine tech for airplanes
The firms want to conduct an "early concept ground test" of the hydrogen technology in a Rolls-Royce engine the U.K. later this year.
Private jet use is more popular than ever — and first-time buyers are driving record sales
Business has been booming for some time for major private jet manufacturers.
Nuclear power plant lowers output to protect fish as Europe grapples with heatwave
The news out of Switzerland comes as parts of Europe grapple with a significant heatwave.
UK plans $95 million hydrogen gigafactory to produce components for vehicles
Operations at the plant are planned to start in the first half of 2024.
Europe suffers from deadly heat wave as wildfires displace thousands of people
The record-breaking heat is forecast to grow more severe and has prompted concerns over melting roads, widespread power outages and warped train tracks.
UK braces for hottest day on record with highs of 106 degrees Fahrenheit expected
The U.K. is bracing for the hottest day on record, with highs of 41 degrees Celsius (106F) expected in the south of England.
Biden’s economic approval rating falls to new low on fear about inflation, CNBC survey finds
President Joe Biden’s economic approval rating fell 5 points since April to 30%, according to the CNBC All-America Survey.
Delta buys 100 Boeing Max planes, its first major order with the manufacturer in more than a decade
Delta was the last of the major U.S. carriers to order Max planes from Boeing in recent years.
Flights briefly suspended at London airport after runway damaged during heat wave
London Luton Airport said it repaired the runway "defect," found during a heat wave, that had caused it to suspend operations Monday.
EU signs new gas deal as fears grow over Russian supplies cutoff
European officials are scrambling to secure gas supplies as they prepare for a potential complete shutdown from Russia.
Travel chaos, labor unrest and extreme heat in focus at Britain’s first major air show since the pandemic
Britain's Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation.
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