Breaking News: Europe

LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG…

'Probably more downside risk than upside risk' to inflation forecast, Lagarde saysThere is "probably" more downside than upside risk to the ECB's inflation forecast, the group's President Christine Lagarde told CNBC's Annette Weisbach…

A woman walks on a bridge in front of the banking district skyline with the Commerzbank building (3R) and the Cathedral (R) during sunset in Frankfurt am Main, western Germany, on September 18, 2024.Kirill Kudryavtsev | Afp | Getty…

Microsoft buys near 4% stake in London Stock Exchange and launches 10-year partnershipU.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange Group and took a near 4% stake in the U.K. bourse…

Three vessels will depart Ukraine’s ports under Black Sea Grain InitiativeAn aerial view of Sierra Leone-flagged dry cargo ship Razoni, carrying a cargo of 26,527 tons of corn, leaves from Istanbul, Turkiye and passes surroundings of…

CNBC Pro: Goldman Sachs' Currie says oil stocks are trading 'far below' their long-term trendGoldman Sachs' Global Head of Commodities Research Jeff Currie told CNBC that historically, oil stocks have traded at a much higher premium to…

LONDON — U.K. inflation held steady during the month of August, data from the Office for National Statistics showed Wednesday, and matched analyst expectations.The headline consumer price index (CPI) was in line with the previous 2.2%…

Stocks on the move: Informa up 6%, Roche down 4%Shares of Informa climbed more than 6% in early trade to lead the Stoxx 600 after the British publishing company upgraded its 2022 guidance.At the bottom of the Stoxx 600, Roche fell 4.7%…

LONDON — U.K. inflation came in slightly below expectations at 10.7% in November, as cooling fuel prices helped ease price pressures, though high food and energy prices continued to squeeze households and businesses.Economists polled by…

UK gilt market 'not back to normal', BOE governor saysThe U.K. gilt market is "not back to normal" after the Bank of England intervened on Sep. 28, according to Governor Andrew Bailey, who spoke in front of a lawmakers' committee…