Europe’s third-largest pension fund has sold €2.8bn of its holdings in oil groups including Shell, BP and TotalEnergies because they were not doing enough to produce credible plans for the clean...
Lower borrowing costs could reinvigorate the eurozone’s stagnant economy and cause inflation to “flare up again”, a senior European Central Bank official has warned.Isabel Schnabel, the most hawkish...
Brussels will scrap a plan to halve pesticide use, marking a further concession to protesting farmers who have spooked EU governments and another blow to its environmental agenda.The retreat by...
German exports fell more than expected in December due to weak global demand, data from the federal statistics office showed on Monday, underlining concerns about the health of Europe's biggest...
Eurozone governments have rushed to raise debt early this year in an effort to take advantage of bumper investor demand.The bloc’s members have sold €200bn of bonds since the start of 2024. Issuance...
Euro-zone inflation eased less than anticipated at the start of the year — testing investor expectations that the European Central Bank will begin lowering interest rates as soon as the spring.After...
Falling inflation in Germany and France added to investors’ hopes that the European Central Bank will cut borrowing costs soon — even though rapid wage growth triggered a rise in services prices at...
Global diesel prices have hit a near three-month high as traders fear Houthi attacks on shipping in the Red Sea will raise costs for consumers and disrupt crucial supplies from Asia to Europe.Gasoil...
British businesses have experienced a stark increase in the complexity and cost of trading with the EU since the UK left the bloc, spending an average of nearly £100,000 navigating the post-Brexit...
European Central Bank president Christine Lagarde spurred investors to ramp up bets on early rate cuts this week by saying wage growth was showing signs of cooling, causing the euro and bond yields...