Breaking News: Europe
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World
U.K. economy contracts in the second quarter as cost-of-living crisis bites
The U.K. economy contracted in the second quarter of 2022, as the country’s cost-of-living crisis hit home. Official figures published…
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World
Biden authorizes largest yet security assistance package for Ukraine, bringing U.S. commitment to $9.8 billion
Ukraine was already stocking up on U.S.-made Javelins before Russia invaded. Here a group of Ukrainian servicemen take a shipment…
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World
Russian court finds WNBA star Brittney Griner guilty on drug charges
US’ Women’s National Basketball Association (NBA) basketball player Brittney Griner, who was detained at Moscow’s Sheremetyevo airport and later charged…
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World
Bank of England launches biggest interest rate hike in 27 years as inflation soars
BOE Governor Andrew Bailey has warned the Bank is walking a “narrow path” between growth and inflation. Bloomberg | Bloomberg…
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World
UN Secretary General urges governments to tax ‘immoral’ oil and gas profits
United Nations Secretary General Antonio Guterres speaks during the 2022 Review Conference of the Parties to the Treaty on the…
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World
SocGen posts second-quarter loss after taking 3.3 billion euro hit on Russia exit
French bank Societe Generale’s headquarters in Paris. Chesnot | Getty Images News | Getty Images Societe Generale on Wednesday reported…
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World
Oil major BP boosts dividend as quarterly profits jump on high commodity prices
A BP gas station in Madrid, Spain. Sopa Images | Lightrocket | Getty Images LONDON — U.K. oil giant BP…
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World
Euro zone economy grows 0.7% in the second quarter despite gas crisis and inflation surge
Growth in the euro zone economy accelerated in the second quarter of the year, but the region’s prospects could be…
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World
Barclays posts profit slump after hit from costly trading error in the U.S.
A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. Peter Nicholls | Reuters Barclays on Thursday…
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World
Biden administration makes offer to Russia for release of WNBA star Griner, ex-Marine Whelan
US WNBA basketball superstar Brittney Griner arrives to a hearing at the Khimki Court, outside Moscow on July 27, 2022. …
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