Europe
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UK’s new finance reforms part of a 20-year plan to be ‘world’s next Silicon Valley,’ minister says
The U.K. government has announced sweeping reforms to the regulation of its financial services industry, which it hopes will unlock…
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European Central Bank warns that an EU gas price cap risks financial stability
The European Central Bank has raised concerns over an idea to impose a cap on gas prices in Europe. Haussmann…
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UK announces major overhaul of its financial sector in attempt to spur growth
One Canada Square, at the heart of Canary Wharf financial district seen standing between the Citibank building and HSBC building…
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Turkey is stopping oil not under Russian sanctions, raising global energy market supply concerns
Cargo ships and vessels transit the Bosphorus Strait, a body of water connecting the Black Sea to the Marmara and…
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Europe’s energy grids face first major winter stress test as Arctic blast takes hold
Temperatures across the Nordic countries and central and eastern Europe are also set to drop to close to or below…
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Some crypto backers are purposely taking a ‘very dangerous path,’ EU regulator says
Mairead McGuinness, financial services commissioner for the European Union spoke to CNBC in Brussels. Bloomberg | Bloomberg | Getty Images…
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Boeing’s last 747 is rolling out of the factory after a more than 50-year production run
Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC EVERETT, Wash. − Boeing‘s final…
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Airlines will return to profitability in 2023 after three-year slump, industry body says
The International Air Transport Association (IATA) has said it expects the airline industry to post a “small” net profit of…
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Germany says borrowing more money to compete with the U.S. would be a ‘threat’ to Europe
BRUSSELS — Germany said Europe should refrain from borrowing more money to compete with U.S. green subsidies or its competitiveness…
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Russian oil cap will work, EU ministers insist, despite Kremlin opposition and broad skepticism
G7, the EU and Australia implemented on December 5 a cap on Russian oil prices. Market players have doubts the…
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