European Business

Ford to cut 4,000 jobs in Europe and Britain, cites disruptive shift to EVs, economic headwinds

British inflation jumps to 2.3%, underscoring Bank of England’s stance for gradual rate cuts

Volkswagen union offers €1.5-billion in cost savings if automaker rules out closing German plants

Britain’s Thames Water says creditors backed £3-billion funding lifeline

Major French newspapers seek legal action against social media platform X

Bank of England cuts interest rates, but sees higher inflation after Labour government’s budget

Thames Water creditor group calls on others to back £1.5-billion lifeline plan

British PM Keir Starmer warns upcoming budget will reflect ‘harsh’ economic reality

Britain’s Thames Water lines up £3-billion debt lifeline with some of its creditors

Britain launches sweeping review of scandal-ridden water utility sector

Extreme weather creates challenges for France’s winemakers

European Central Bank lowers interest rates, eyes more cuts as economy sags

British inflation falls to lowest level in more than three years, cementing expectations for another rate cut

Swiss regulator orders UBS to strengthen emergency, recovery plans after Credit Suisse takeover

Britain’s Labour government outlines details of closely watched workers’ rights plan

Bathroom break at work? Swiss court upholds watchmaker’s rule to do it on your own time

Germany’s economy expected to contract again in 2024, ministry says

British water firms must cut customer bills by US$206-million for environmental failings

German industrial orders slump more than expected in August

EU regulator reviews anti-baldness drugs over concerns of suicidal thoughts

Bank of England chief economist urges caution on rate cuts after governor suggested faster pace

Commerzbank fully supports strategy built on independence, new CEO tells staff

Euro zone inflation falls below 2%, opens the way for faster interest rate cuts

Germany on the defensive as UniCredit gains some support for Commerzbank talks

Volkswagen digs in as workers threaten strikes over plant closures in Germany

Britain’s Thames Water in talks with creditors for around £1-billion lifeline, source says

Euro zone business activity unexpectedly contracts in September, survey shows

Britain’s struggling Thames Water says it needs cash release by end of year

Bank of England keeps its main interest rate on hold at 5% in wake of big Fed cut

EU chief unveils new team with women in top roles in right-leaning Commission

Thierry Breton steps down as France’s EU commissioner

Federal Reserve not far behind after European Central Bank cuts interest rates