europe news today
- Europe
Bank of England chief tempers talk of a pause or pivot in rate hikes
Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause…
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More than 13,000 Nigerian residents take Shell to court over oil spills
Residents fetch water from a well contaminated by oil pollution at Ogale Town, Eleme in southeast Nigeria, on June 13,…
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Euro zone inflation dips for a third straight month as energy prices continue to fall
Inflation in the euro zone eased in the last two months of 2022 but the economic indicator is still well-above…
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IMF hikes global growth forecast as inflation cools and household spending surprises
The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund…
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Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists
U.S. President Joe Biden has previously singled out Exxon Mobil for making “more money than God” last year. Brandon Bell…
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‘China cannot be out, China must be in’: France says it’s diverging with Washington on Beijing ties
French Minister for the Economy and Finances Bruno Le Maire spoke at a CNBC panel in Davos. Ludovic Marin |…
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China’s reopening ‘good news’ for growth — but could be inflationary, economists warn at Davos
China’s reopening has been one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg…
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France contends with widespread strikes as unions take to streets against pension reform
French unions and demonstrators have taken to the streets on Thursday in widespread industrial action against the government’s projected pension…
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‘Discriminatory’ measures in U.S. Inflation Reduction Act still need addressing, top EU minister says
The European Union still believes President Joe Biden‘s Inflation Reduction Act discriminates against companies in the bloc, its top trade minister…
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The threat of a transatlantic trade war is dominating Davos
Trade tensions between the EU and the US are dominating the talk in Davos. Anadolu Agency | Anadolu Agency |…
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