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U.S. charges FTX's Bankman-Fried with paying $40 million Chinese bribe By Reuters
Finances

Europe’s sweltering summer could send tourists to cooler climes By Reuters

4/4 © Reuters. People walk near the Colosseum during a heat wave across Italy as temperatures are expected to rise further in the coming days,

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns By Reuters

© Reuters. FILE PHOTO: Renault’s chairperson Jean-Dominique Senard looks on during a visit by the French President to the site of the future factory of

Central Europe's policymakers double down on hawkish message By Reuters
Finances

Central Europe’s policymakers double down on hawkish message By Reuters

© Reuters. FILE PHOTO: A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker//File Photo By Jan Lopatka

Finances

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks? By Reuters

© Reuters. FILE PHOTO: Deutsche Bank logo and rising stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Amanda

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks? By Reuters

© Reuters. FILE PHOTO: Deutsche Bank logo and rising stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Amanda

Moody's downgrades Poland's mBank, confirms Bank Millennium By Reuters
Stock Market

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see By Reuters

© Reuters. FILE PHOTO: A worker on the assembly line at Volkswagen’s plant in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS By Christina

Europe’s Big Polluters Win Carbon-Credit Windfall
Business

Europe’s Big Polluters Win Carbon-Credit Windfall

Some of Europe’s largest polluters are earning windfalls from the sale of carbon credits. Their profits are an unintended consequence of generous subsidies that make