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The new container ship has two engines: one moved by traditional fuels and another run with green methanol. → Read More
New economic forecasts show Germany is likely to contract by 0.4% this year. → Read More
Big Tech is facing tighter scrutiny in the European Union, but officials want to avoid forcing them to break up parts of the business. → Read More
Italy's shock tax on banks continues to prove controversial, even as the government insists it can "improve" it. → Read More
The Bank of Japan loosened its yield curve control in an unexpected move with ramifications across global financial markets. → Read More
A top banking executive said he expects more American banks to be rescued after JPMorgan stepped in to buy First Republic. → Read More
Inflation in the euro zone rose in April, according to preliminary data released Tuesday, remaining significantly above levels targeted by the European Central Bank. → Read More
Italy has previously been described as a "middle-power" bridge used by Beijing and Moscow to strike deals. → Read More
The IMF said that the European Central Bank needs to be increasing rates until mid-2024 to fight inflation. → Read More
Under the Digital Services Act (DSA), Europe regulators will be able to police content to reduce harmful comments and set rules for the use of artificial intelligence. → Read More
UBS reported $1.03 billion in net profit for the first quarter, down 52% year-on-year amid a legacy litigation matter. → Read More
China said Monday it respects the independency of former Soviet nations after remarks by its ambassador in France were deemed "unacceptable" in Europe. → Read More
Germany, Poland are pushing for sanctions on Russia's nuclear energy as the EU looks at new ways to hurt the Kremlin's revenues amid Moscow's invasion of Ukraine. → Read More
Goldman Sachs changed its rate expectations for the European Central Bank, sees further hawkish action. → Read More
European Union officials on Tuesday called for a new and joint approach toward China, in a move that is unlikely to please the United States. → Read More
The G-7, EU and Australia decided late last year to impose a cap of $60 a barrel on Russian oil in an effort to ratchet up the pressure on Moscow. → Read More
At elections in 2017 and 2022, Emmanuel Macron comfortably overcame the far-right challenge of Marine Le Pen — but analysts now predict a more clouded outlook with Macron not eligible to run in 2027. → Read More
The IMF said that five years from now, global growth is expected to be around 3% — the lowest forecast in a World Economic Outlook for over 30 years. → Read More
French President Emmanuel Macron and European Commission chief Ursula von der Leyen are having conversations with China's President Xi Jinping at a critical time in their relationship. → Read More
The 27-member bloc walks a tightrope, looking to develop economic ties with China but also reaffirming a close political and cultural relationship with the United States. → Read More