Breaking News: Europe
UK finance minister set on ‘renewing Britain’ as she unveils spending plans
U.K.Chancellor of the Exchequer Rachel Reeves leaves 10 Downing Street ahead of PMQs in the House of Commons in London, United Kingdom on June 11, 2025. Anadolu | Anadolu | Getty Images U.K. Chancellor Rachel Reeves is delivering the government’s Spending Review on Wednesday, with all eyes on how billions of pounds’ worth of public […]
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Europe to follow global markets higher as China-U.S. trade talks continue in London
British job openings continue steady decline, wage growth cools The ONS’s data also showed this morning that job vacancies in the U.K. fell to 736,000 between March and May — a decline of 63,000 openings, or 7.9%, from the previous three-month period. It marked the 35th consecutive decline in job openings. Meanwhile, average earnings […]
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European markets head for higher open; U.S.-China trade talks to take place in London
Here are the opening calls LONDON, ENGLAND – MARCH 24: A red London double decker bus and a UPS delivery van pass across Waterloo Bridge in front of St. Paul’s Cathedral on March 24, 2025 in London, United Kingdom. (Photo by John Keeble/Getty Images) John Keeble | Getty Images News | Getty Images Good morning […]
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Swiss government proposes tough new capital rules in major blow to UBS
Key Points The Swiss government proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital. The measures would also mean that UBS will need to fully capitalize its foreign units and carry out fewer share buybacks. The Swiss National Bank said it supported the measures […]
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European Central Bank trims interest rates after inflation dips below target
The European Central Bank on Thursday announced a 25-basis-point interest rate trim and lowered its inflation expectations on the back of a stronger euro and lower energy costs. This takes the deposit facility rate to 2%, down from a mid-2023 high of 4%. Ahead of the announcement, traders had been pricing in an almost 99% […]
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European stocks set to open higher as ECB widely expected to cut interest rates
British fintech Wise to move primary listing to the U.S. in blow to London stock exchange The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images British money transfer firm Wise on Thursday said that it plans to move its primary listing location to the U.S., dealing […]
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European markets set to open higher, shrugging off Trump’s 50% metals tariffs
Trump’s 50% steel tariffs could see European steelmakers lower prices The European steel industry is set to see a mixed impact on prices after U.S. President Donald Trump said tariffs on steel imports will double from 25% to 50% on June 4. The latest tariffs will cause U.S. domestic prices of steel to increase, which […]
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Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target
Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025. Michael Nguyen/NurPhoto via Getty Images Euro zone inflation fell below the European Central Bank’s 2% target in May, hitting a cooler-than-expected 1.9% on sharp declines in services, flash data from […]
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U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook
Old Navy and Gap retail stores are seen as people walk through Times Square in New York City on April 9, 2025. Angela Weiss | Afp | Getty Images Economic growth forecasts for the U.S. and globally were cut further by the Organisation for Economic Co-operation and Development as President Donald Trump’s tariff turmoil weighs […]
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European markets are set to open higher ahead of flash inflation data
Here are the opening calls London was the No. 2 most-visited city in the world for 2023, according to Euromonitor International. Karl Hendon | Moment | Getty Images Good morning from London and welcome to CNBC’s live blog covering all the action in European financial markets, as well as business news, analysis, earnings and data. […]
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