UK economy shrinks at fastest pace in seven months, hit by strikes and wet weather
U.K. gross domestic product fell by 0.5% in July, below the 0.2% contraction forecast in a Reuters poll of economists.
CNBC Europe
Crab dumplings, soup and sorbet: Putin and Kim dine on delicacies after two-hour meeting
What Russian President Vladimir Putin and North Korean leader Kim Jong Un are having for dinner.
European Union launches anti-subsidy probe into Chinese EVs
The European Commission on Wednesday launched an investigation into the subsidies given to electric vehicle makers in China.
European Central Bank is set for hawkish pause as the economy turns south
Shoppers in the region are holding back on spending as inflation eats up their disposable income.
Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan
French embedded finance startup Swan raised 37 million euros ($40 million) in a series B investment led by European venture capital giant Lakestar.
Years in the making, Venice approves a tax on daytrippers
Venice's city council on Tuesday approved a long-awaited regulation to tax day visitors 5 euros ($5.38) to visit the city.
Elizabeth Warren calls for an investigation into Musk and Starlink in Ukraine after biography claim
In his book titled "Elon Musk," released Tuesday, Walter Isaacson details Musk's policy of geofencing Starlink's satellite network over Crimea last year.
BP CEO Bernard Looney resigns after not being 'fully transparent' on prior relationships
The Financial Times first reported the move Tuesday. Looney will be replaced on an interim basis by the company's chief financial officer.
Packaging giant Smurfit Kappa's shares fall 10% after WestRock merger announcement
The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world.
Gas markets are becoming 'extremely difficult' to predict. It's a big problem for Europe this winter
As Europe races to prepare for another winter heating season, energy analysts have warned volatile markets could send prices sharply higher.
Germany predicted to be the only major European economy to contract this year as recession lingers
New economic forecasts show Germany is likely to contract by 0.4% this year.
Covid vaccine rollout begins early in the UK with new variant under watch
The National Health Service wants to avoid another "twindemic" of Covid and flu putting strain on hospitals.
Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
Chinese companies from BYD to Leapmotor launched electric vehicles for international markets while Xpeng announced plans to expand into Germany.
For Western firms, the risk of leaving Russia could be higher than staying
The window to leave Russia is shrinking. But by staying put, companies risk getting caught in a geopolitical crossfire.
G20 nations soften Russia condemnation to reach Delhi summit compromise, draw Ukraine's ire
There were fears Delhi negotiators and diplomats might not be able to broker a consensus at this year's meeting due to Russian and Chinese objections on the reference to the ongoing war.
IMF chief says new Biden-backed economic corridor should not exclude any countries
U.S. President Joe Biden and Indian Prime Minister Narendra Modi announced a plan to develop a network of railways and sea routes.
Santa Barbara is the most expensive city to be happy in the U.S.
S Money converted data from a 2018 happiness study from Purdue University to find the most expensive cities to be happy in the U.S.
G20 welcomes African Union as permanent member at Delhi summit
The widely-anticipated move underscores India's wide-ranging agenda to elevate the global multilateral forum's focus on the Global South in its presidency of the G20 this year.
‘A rapidly closing window:’ Major UN report offers sobering assessment of world’s climate efforts
The fight to secure a livable future for everyone on Earth requires much more urgent climate action, according to the findings of a major new UN report.
European gas prices jump 10% as strikes get underway at major LNG facilities in Australia
European gas prices moved sharply higher on Friday as workers at Australian natural gas facilities went on strike.
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