European Union

Oil stays near multi-month lows on demand worries

Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a…

3 years ago

Trade war with China could cost Germany six times as much as Brexit, study says

Germany would face costs almost six times as high as Brexit if it and the European Union were to shut…

3 years ago

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine,…

3 years ago

Euro holds near 2-week high, awaits ECB and Nordstream clarity

The euro held near two-week highs versus the dollar on Wednesday on expectations of a bigger ECB interest rate increase…

3 years ago

Scandal-ridden Boris Johnson to quit as UK prime minister

Boris Johnson will announce his resignation as British prime minister on Thursday after he was abandoned by ministers and his…

3 years ago

COVID-19 vaccine scheme for world’s poorest pushes for delivery slowdown

Leaders of the global scheme aiming to get COVID-19 vaccines to the world's poorest are pushing manufacturers including Pfizer (PFE.N) and Moderna (MRNA.O) to…

3 years ago

Analysis: Corporate America looks for leeway on U.S. climate disclosures

Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission (SEC)…

3 years ago

Analysis: Overlapping rules to curb greenwashing may only add to company frustration

Three competing plans to curb companies from exaggerating their green credentials could lead to more frustration and costs for businesses,…

3 years ago

EU financial services chief calls for compromise on bank capital

European Union financial services chief Mairead McGuinness on Tuesday urged the bloc's lawmakers to agree on bank capital rules to…

3 years ago

Explainer: Russia walks the plank to a foreign bond default

Russia's failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country another…

3 years ago