Breaking News: Europe

U.S. imposes sanctions on Russia and Iran for wrongful detention and hostage-taking of American citizens

WASHINGTON —  The Biden administration on Thursday announced a first round of sanctions targeting Russia and Iran for engaging in hostage-taking…

Moscow ‘welcomes’ China contacting Ukraine; Kyiv says Russia ‘won’t get away with’ Mykolaiv strikes

This was CNBC’s live blog tracking developments on the war in Ukraine on April 27, 2023. See here for the latest…

Barclays posts 27% rise in net profit for the first quarter, beats expectations

LONDON — Barclays on Thursday reported net profit of £1.78 billion ($2.2 billion) for the first quarter, beating expectations and…

Deutsche Bank logs 11th straight quarterly profit, reveals job cuts

Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter, emerging from…

Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard

LONDON — Britain’s top competition regulator on Wednesday moved to block Microsoft‘s acquisition of video game publisher Activision Blizzard. The…

China will send representatives to Ukraine for talks; Kyiv praises ‘long and meaningful’ call with Xi

This was CNBC’s live blog tracking developments on the war in Ukraine on April 26, 2023. See here for the…

Two killed, 10 wounded in Russian attack on museum; Russian diplomats expelled by Sweden, Moldova

This was CNBC’s live blog tracking developments on the war in Ukraine on April 25, 2023. See here for the…

Russia, U.S. trade barbs at UN; Ukraine holds ‘strategic’ positions in Bakhmut

This has been CNBC’s live blog tracking developments on the war in Ukraine. [Follow the latest updates here.] Russia’s Ministry…

Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse

Credit Suisse on Monday revealed that it suffered net asset outflows of 61.2 billion Swiss francs ($68.6 billion) during the…

Ukraine war live updates: Western allies meet in Germany, Russia accidentally strikes own city

This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  Ukraine’s Western…