Tag: Breaking News: Europe
UK flights resume after air traffic control ‘technical issue’ causes holiday delays
Virgin Atlantic Airways Airbus A350-1000 aircraft seen taxiing in front of the air traffic control tower at London Heathrow airport in U.K.Nurphoto | [...]
Credit Suisse shareholders greenlight $4.2 billion capital raise
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021.Arnd Wiegmann | ReutersCredit Suisse shareholde [...]
Credit Suisse projects $1.6 billion fourth-quarter loss
Switzerland's second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva.Fabrice Coffrini | AFP | Getty ImagesCredit Suiss [...]
UK finance minister announces tax hikes and spending cuts, says country is in recession
Finance Minister Jeremy Hunt, in his hotly anticipated inaugural Autumn Statement, unveiled a sweeping £55 billion ($66 billion) fiscal plan.Anadolu A [...]
Russian court will hear WNBA star Brittney Griner’s appeal on Tuesday
US' Women's National Basketball Association (NBA) basketball player Brittney Griner, who was detained at Moscow's Sheremetyevo airport and later charg [...]
UK’s Liz Truss pledges tax-cutting future in speech plagued by protest
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil.Jacob King | Pa [...]
Porsche shares rise in landmark Frankfurt debut
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever.Bloomberg | Getty ImagesPorsche shares [...]
German government agrees nationalization deal for energy giant Uniper
Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia's war in Ukra [...]
U.S. bars Russia from paying bondholders through American banks, increasing default risk
The Kremlin towers and Ivan the Great Cathedral in Moscow.Kirill Kudryavtsev | Afp | Getty ImagesThe Biden administration will ban Russia's government [...]
Starbucks will exit Russia after 15 years, closing 130 licensed cafes
A woman drinks coffee in a Starbucks in a mall in Khimki outside Moscow.Alexander Natruskin | RussiaAfter 15 years operating in Russia, Starbucks will [...]
McDonald’s to sell Russia business after pausing operations due to Ukraine war
A view shows a McDonald's restaurant in Saint Petersburg, Russia March 8, 2022.Anton Vaganov | ReutersMcDonald's said Monday that it would sell its bu [...]
Biden calls Congress to pass Ukraine aid before new Covid funding
President Joe Biden urged Congress on Monday to quickly approve a multibillion-dollar aid package for Ukraine before trying to pass a new round of Cov [...]
Carlos Ghosn says he expects fair trial in France following arrest warrant
Carlos Ghosn, former Nissan chief executive officer, is in an ongoing legal battle amid allegations of financial misconduct.Bloomberg | Getty ImagesCa [...]
Boris Johnson and Rishi Sunak to be fined
Johnson is set to be fined by police for breaching Covid-19 lockdown regulations.Wpa Pool | Getty Images News | Getty ImagesLONDON — U.K. Prime Minist [...]
Queen Elizabeth tests positive for Covid, her symptoms are mild and she is vaccinated
Britain's Queen Elizabeth reacts during a meeting with members of the Royal Regiment of Canadian Artillery at Windsor Castle in Windsor, Britain, Octo [...]