Breaking News: Europe
UK announces urgent fuel tax cut to fight cost of living crisis
Chancellor of the Exchequer Rishi Sunak leaves 11 Downing Street to announce the Treasury’s one-year spending review in the House of Commons in London, England, on November 25, 2020. David Cliff/NurPhoto via Getty Images LONDON — U.K. Finance Minister Rishi Sunak on Wednesday announced an immediate cut to fuel taxes in a bid to mitigate […]
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UK inflation hits fresh multi-decade high of 6.2% on surging energy prices
LIVERPOOL, UNITED KINGDOM – JANUARY 23: On the day that Britain officially enters a recession shoppers walk through Liverpool city centre on January 23, 2009 in Liverpool, United Kingdom. Figures announced today confirm that the UK is officially in a recession for the first time since the early 1990s after GDP fell in two successive […]
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Zelenskyy calls for more pressure on Moscow as Ukraine says 15,000 Russian troops have been killed
‘It is time to end this absurd war,’ UN secretary-general says Secretary-General of the United Nations Antonio Guterres speaks to press about war in Ukraine at the Security Council Stakeout of UN headquarters in New York City, United States on March 14, 2022. Tayfun Coskun | Anadolu Agency | Getty Images United Nations Secretary-General António Guterres […]
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Besieged Mariupol rejects Russia’s surrender ultimatum as deadline passes
Ukraine says Russia seizing food, goods to send back home A service member of pro-Russian troops in uniform without insignia is seen atop of a tank during Ukraine-Russia conflict in the besieged southern port city of Mariupol, Ukraine March 18, 2022. Alexander Ermochenko | Reuters Ukraine’s armed forces said in an update Monday morning that […]
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Benchmark nickel price falls 15% to hit new limit down on London Metal Exchange
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange Ltd. in London, U.K., on Monday, Feb. 28, 2022. Chris J. Ratcliffe | Bloomberg | Getty Images LONDON — Nickel prices resumed their freefall on Monday, with the benchmark three-month contract falling 15% to hit another new […]
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Ukraine’s Zelenskyy appeals to Russians; officials say Mariupol art school bombed
Art school in Mariupol bombed, says city council Russian bombs fell on an art school in the city of Mariupol where about 400 residents were in hiding, according to Mariupol’s city council. The council said the building was destroyed and “peaceful people are still under the rubble,” adding that there were women, children and the […]
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Ukraine’s Zelenskyy pushes for meaningful talks with Russia; Biden warns Xi of ‘consequences’
Four American soldiers die in plane crash during NATO training exercise, Norway PM says Norwegian Prime Minister Jonas Gahr Store said four American soldiers have died in a plane crash while participating in a NATO military exercise called Cold Response. “It is with great sadness we have [received] the message that four American soldiers died […]
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European markets close higher, notch best weekly gain since 2020 amid Russia-Ukraine talks
LONDON — European markets closed higher on Friday, notching their best weekly gain since 2020, as investors tracked negotiations between Russia and Ukraine and digested a big week of central bank decisions. The pan-European Stoxx 600 provisionally ended 0.7% higher, with most sectors in positive territory and major bourses pointing in opposite directions. The index […]
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Missile strikes near Ukraine’s western city Lviv; Biden to speak with China’s Xi
Missiles hit western city of Lviv Several missiles hit an aircraft repair center on the outskirts of Lviv, western Ukraine, the city’s mayor said Friday. The attack suggests Russian forces are continuing to widen their attack. Many Ukrainians have fled their homes elsewhere in the country to the relative safety of Lviv. The city’s mayor, […]
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Nickel falls 12% to hit limit down again on London Metal Exchange
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange in London, U.K., on Monday, Feb. 28, 2022. Chris J. Ratcliffe | Bloomberg | Getty Images LONDON — The benchmark three-month nickel contract fell 12% on Friday morning to hit a new trading limit, as heavy selling […]
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