Sebastien Lecornu, France’s prime minister, during the handover ceremony at the Hotel Matignon in Paris, France, on Wednesday, Sept. 10, 2025. Bloomberg | Bloomberg | Getty Images France’s new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment, plunging the country into a fresh political crisis. Lecornu, France’s fifth PM in less than…
Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Policy Symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”, in Jackson Hole, Wyoming, U.S., August 21, 2025. Jim Urquhart | Reuters Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central…
Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto| Nurphoto | Getty Images The Organisation for Economic Co-operation and Development upgraded its global economic growth forecast on Tuesday, with many economies appearing more resilient than expected so far this year….
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Shares of Danish renewables giant Orsted jumped on Tuesday, after a U.S. judge ruled the embattled firm can resume construction of an offshore wind farm that was halted by…
European stocks were set for a mixed open on Monday, as investors closely monitored U.S. President Donald Trump‘s visa crackdown. The U.K.’s FTSE 100 index was poised to open roughly 5 points lower at 9,216, Germany’s DAX was seen down 6 points at 23,633, while France’s CAC was set to open 6 points higher at…
The Bank of England voted to keep interest rates on hold on Thursday, as it weighs up sticky U.K. inflation with an uncertain growth outlook and jobs market. The monetary policy committee (MPC) voted by 7-2 to keep rates steady at 4%, with two members of the MPS voting to reduce the separate benchmark “Bank…
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images U.K. economic growth flatlined in July, according to data published Friday, adding to Chancellor Rachel Reeves’ headache ahead of the Autumn…
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Danish pharmaceutical giant Novo Nordisk on Wednesday announced plans to cut roughly 9,000 roles. “Novo Nordisk today announced a company-wide transformation to simplify its organisation, improve the speed of decision-making, and reallocate resources towards the…
Chancellor Rachel Reeves poses with the red box outside number 11 Downing Street on October 30, 2024 in London, England. This is the first Budget presented by the new Labour government and Chancellor of the Exchequer, Rachel Reeves. Dan Kitwood | Getty Images News | Getty Images The U.K. Treasury on Wednesday revealed Finance Minister…
European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of the region’s biggest economies, along with the U.S. Price rise data is due from France, Spain, Italy and Germany, ahead of the flash August reading for the euro area next Tuesday. Stateside, investors will be…
