Higher inflation and unemployment cast shadow over Europe’s biggest economy
A vendor gives a customer change at stall at a farmers market in Hanau, Germany, on Saturday, Aug. 9, 2025.
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Breaking News: Europe
Bank of England narrowly votes to cut interest rates to 4% as balancing act continues
Bank of England, the Royal Exchange and the statue of the Duke of Wellington in the City of London on
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UBS posts net profit beat as market volatility boosts trading
A logo of Swiss banking giant UBS in Zurich, on March 23, 2023. Fabrice Coffrini | Afp | Getty Images
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Barclays second-quarter profit beats estimates as investment banking revenues swell
One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg
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Euro zone inflation holds steady at higher-than-expected 2% in July
A customer stands in front of a fruit and vegetable stall at an open-air market in Paris on July 15,
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German inflation dips to cooler-than-expected 1.8% in July
Rhineland-Palatinate, Mainz: Fruit is sold at the weekly market. Andreas Arnold/dpa | Picture Alliance | Getty Images German inflation fell
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Gucci sales plunge 25% in the second quarter as woes persist at luxury giant Kering
A Gucci logo is displayed at their store on May 30, 2025 in Washington, DC. Kevin Carter | Getty Images
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Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Sina Schuldt/picture alliance via Getty Images) The euro
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UniCredit lifts profit guidance, leaving behind the ‘drag’ of its Banco BPM bid
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty
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European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge
The President of the European Central Bank Christine Lagarde at the 2025 European Central Bank Forum on Central Banking on
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