The massive container ship that ran aground in the Suez Canal, halting traffic in one of the worlds busiest waterways, is still stuck after little progress appeared to be made on Wednesday to dislodge the ship. The ship, called the Ever Given, became horizontally wedged in the waterway following heavy winds. Multiple tugboats were sent […]

The European Central Bank sought on Thursday to allay misgivings in Germany about the launch of a digital euro, saying this form of electronic cash wouldnt be used to penalise savers or upend banks. The ECB is exploring the launch, within the next five years, of a digital version of the euro to stem competition […]

Euro zone business activity unexpectedly grew this month, a preliminary survey showed, but with much of Europe suffering a third wave of coronavirus infections and renewed lockdown measures, that may not last through April. Factories ramped up output at the fastest monthly pace in over 23 years, countering a continuing slowdown in the currency blocs […]

Only a few weeks ago, many European countries were hoping their more affluent citizens would by now have started spending nest eggs built up during the pandemic to trigger a consumerled recovery in the regions economy. But with the spread of COVID19 prompting new lockdowns across the continent and vaccine campaigns behind schedule, it is […]

Worsening tensions between the European Union and China could jeopardize an investment deal that the two sides recently negotiated. The EU on Monday imposed sanctions on four Chinese officials and one entity for human rights abuses in Chinas northwestern Xinjiang region. The move was part of a coordinated action against Beijing by the U.S. and […]

WELLINGTON, March 23 Reuters  Measures announced by New Zealand on Tuesday to cool its red hot property market could see home prices settle around 10 lower in the long term, and there could be much greater effects in the short term as some investors exit the market, Westpac Bank said. New Zealand introduced a raft […]

Amazon.com is to cut its stake in British food delivery company Deliveroo to 11.5 in its upcoming initial public offering from 15.8 previously, according to a prospectus published by the company. Deliveroo this week began roadshows for a London IPO and set a price range of between 3.90 and 4.60 pounds per share, which will […]

The Biden administration is considering as much as 3 trillion worth of measures to include in the longterm economic program that will follow the 1.9 trillion pandemicrelief bill signed earlier this month, according to three people familiar with the deliberations. The proposal will be presented to President Joe Biden this week, one person said, asking […]

Britains jobless rate unexpectedly fell in the three months to January, a change that partly reflected people giving up their job hunt as lockdown measures tightened at the start of the year, official figures showed on Tuesday. The main jobless rate dropped to 5.0 in the three months to January from 5.1 in the final […]

The deep anger among some proBritish unionists in Northern Ireland over postBrexit trade barriers that cut it off from the rest of the United Kingdom is emblazoned along the road from Belfast to the mainly Protestant port town of Larne. Posters demanding No Irish Sea Border, Scrap NI Protocol and EU Hands Off Ulster cover […]