U.K. Treasury chief Philip Hammond on Monday pledged to boost investment in infrastructure as he warned the British economy could face some turbulence as the country charts its exit from the European Union.
Greece’s budget plan for 2017 sees the economy rebounding strongly after a seven-year slump, but analysts say continued austerity and tight credit conditions are likely to weigh on its recovery prospects.
Turkey’s government will extend its emergency powers by three months, citing sweeping terrorism threats facing the country following the failed July 15 coup.
The move comes as Henderson and Janus Capital look to better compete against low-cost fund providers.
The crisis at Monte dei Paschi has upended life in Siena, where the lender, founded in 1472 and considered the world’s oldest bank, has been for centuries a source of jobs, credit, wealth and pride.
The London-based Wetherby School, alma mater of Princes William and Harry, is scheduled to open in a renovated beaux-arts mansion on Manhattan’s Upper East Side next fall.
Danish conglomerate A.P. Moeller-Maersk isn't likely to move to buy either Hyundai Merchant Marine or Hanjin Shipping, contrary to industry speculation that it would take over either one or both of the troubled Korean cargo ship operators.
The EU’s competition regulator is intent on forcing changes to Google-parent Alphabet’s business practices and levying significant fines for breaching the bloc’s antitrust rules, according to documents reviewed by The Wall Street Journal.
Royal Bank of Scotland Group will pay $120 million to settle a four-year investigation by Connecticut into the U.K. lender’s underwriting of residential mortgage-backed securities before the 2008 financial crisis.
British Prime Minister Theresa May said the U.K. would trigger the process of disentangling itself from the European Union by the end of March, signaling she would pursue a clear break from the bloc.
Prime Minister Viktor Orban, a leading advocate of tighter immigration rules in the European Union, suffered a setback on Sunday, with a majority of the Hungarian electorate abstaining from participating in a national referendum he had called to gauge support for his policy.
An Islamic State assault killed a Dutch photojournalist and a number of pro-government Libyan fighters on Sunday in the contested city of Sirte.
Pope Francis concluded a three-day visit to the former Soviet republics of Georgia and Azerbaijan on Sunday, a journey that proved to be a diplomatic balancing act.
The ruling Syriza party must privatize chunks of the country’s infrastructure to meet bailout terms. Many of its ministers are standing in the way.
The resignation of Spain’s embattled Socialist leader has sidelined a powerful figure whose refusal to concede defeat to Mariano Rajoy, the conservative caretaker prime minister, has helped paralyze the government for nine months.
Dozens of Turkey’s top sports players were brought into the network of Fethullah Gulen, the U.S.-based cleric wanted over July’s failed coup.
At the heart of Deutsche’s troubles lies the market’s loss of confidence in its business model in an era of hyperglobalized finance and ever-greater regulatory demands, Simon Nixon writes.
U.K. Prime Minister Theresa May on Sunday will announce plans to repeal the act that gives European Union law authority in Britain, in a step toward leaving the bloc.
The campaign of Hungarian Prime Minister Viktor Orban to curb immigration—particularly Muslim migrants—and reject European Union refugee quotas is drawing wide appeal in the country ahead of Sunday’s referendum.
Pedro Sánchez stepped down as the leader of Spain’s embattled Socialist party, a move that could clear the way for the re-election of Mariano Rajoy, the conservative caretaker prime minister.