The outgoing Finance Minister and new German Chancellor Minister Olaf Scholz delivers a speech during the handing-over ceremony with his successor in the German Federal Ministry of Finances in Berlin, Germany, December 9, 2021. Tobias Schwarz | Reuters Borrowing costs for the German government continued their push higher on Wednesday, with the benchmark 10-year bund yield trading in positive territory …
Shoppers walking along Oxford Street in London on Dec. 21, 2021. Tolga Akmen | AFP | Getty Images LONDON — The U.K. inflation rate soared to a 30-year high in December as higher energy costs, resurgent demand and supply chain issues continued to drive up consumer prices. Inflation hit an annual 5.4%, its highest since March 1992 and up from …
Prince Andrew with Virginia Giuffre and Ghislain Maxwell. Source: Attained through court documents. A federal judge in New York on Wednesday rejected a request by Prince Andrew of Britain to dismiss a lawsuit accusing him of having sex with an underage girl, Virginia Giuffre, years ago while she also was being sexually exploited by Jeffrey Epstein. Andrew, who is a …
Women wearing protective face masks pose for a picture in front of the Eiffel Tower. Chesnot | Getty Images News | Getty Images Euro zone inflation hit a new record high in December, raising more questions about the European Central Bank‘s monetary policy. Preliminary data showed Friday that the headline inflation rate came in at 5% for the month, compared to …
U.K. Prime Minister Boris Johnson leaves Downing Street to attend Prime Ministers Questions at the Houses of Parliament on July 7, 2021 in London, England. Chris J Ratcliffe | Getty Images News | Getty Images LONDON — U.K. Prime Minister Boris Johnson confirmed Monday that at least one patient infected with the new omicron variant of Covid-19 has died in …
LONDON — European stocks are expected to start the new trading week far higher, despite extensive concerns over the newly discovered omicron Covid variant. The U.K.’s FTSE index is seen opening 97 points higher at 7,137, Germany’s DAX 191 points higher at 15,437, France’s CAC 40 up 99 points at 6,824 and Italy’s FTSE MIB up 324 points at 26,167, according …
German Chancellor Angela Merkel (R) and German Minister of Finance Olaf Scholz attend a cabinet meeting at the German chancellery on August 19, 2020 in Berlin, Germany. Pool | Getty Images News | Getty Images A coalition deal has been announced in Germany after almost two months of talks following the country’s federal election in September. Olaf Scholz, the center-left …
Austrian police officers check a man’s identity and vaccination certificate during a control in Voesendorf, district Moedling, Austria, on November 16, 2021. Hans Punz | AFP | Getty Images Austria will enter a fourth national lockdown on Monday as Covid-19 cases continue to surge. The country’s unvaccinated are already barred from leaving their homes for non-essential purposes. Chancellor Alexander Schallenberg …
COP26 President Alok Sharma (L) MP and Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change speak at the start of the stock taking Plenary on day thirteen of the COP26 at SECC on November 12, 2021 in Glasgow, Scotland. Ian Forsyth | Getty Images News | Getty Images Negotiators from nearly 200 countries at the …
A Credit Suisse logo in the window of a Credit Suisse Group AG bank branch in Zurich, Switzerland, on Thursday, April 8, 2021. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse has beaten analyst estimates for the third quarter but took a hit from charges relating to allegations of corruption in Mozambique and other legal issues. Net income attributable …
