Europe News

Shipping giant Maersk unveils world’s first vessel using green methanol

Copenhagen, DENMARK — Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol, a landmark moment…

‘Very stupid’: Italy’s bank tax remains controversial as government scrambles to update it

Italy’s shock tax on banks continues to prove controversial, even as the government insists it can improve it. Europe’s main…

After plunging into the political mainstream, Italy’s far-right leader Giorgia Meloni is now shocking markets and upsetting big business

After plunging into the political mainstream and winning over her more moderate counterparts in Brussels, hard-line Italian Prime Minister Giorgia Meloni…

The Bank of Japan just shocked markets with a policy tweak — here’s why it matters

The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank…

European Central Bank raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’

The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate…

Spain’s election ends with no clear majority, throwing the country into political limbo

Spain’s election Sunday ended with no clear majority for either of the two main parties, throwing Europe’s fourth-largest economy into…

Spain votes in a major election that could bring the far right back to power

Spain voters headed to the polls on Sunday in an election that could bring the far right to power for…

Markets are pricing in rate cuts too soon, IMF’s Gopinath says

Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first…

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…

The China dilemma: Europe wants a new relationship with Beijing but is wary of retaliation

Europe is charting a new way forward for its relations with China, but officials in the region say they are…