Europe

The EU gave the green light on a new law that bans the sale of CO2-emitting vehicles by 2035 in an effort to cut emissions and clamp down on climate change.

A majority of American manufacturers want the U.S. to deepen economic ties with European countries through market-opening trade agreements, according to the NAM's outlook survey.

AT1 bonds are popular among European banks as a way to build up safety buffers. While AT1s pay high interest to bondholders, their mechanics can make them a risky investment.

The bank noted "large and volatile moves" in financial markets around the world but said its Financial Policy Committee judged that Britain's banking system remained resilient.

A last minute law change allowed Switzerland to write off $17 billion in bonds, while allowing equity holders to keep their money, an unprecedented change.

Inflation in the U.K. rose more-than-expected to 10.4% in February as higher food and drink costs pushed up prices.

The U.S. was 15th in rankings from the 2023 World Happiness Report. The report, which was published on Monday, said Finland and Denmark took the top two spots, respectively.

French President Emmanuel Macron will address the nation Wednesday via televised interviews after surviving two no-confidence votes on an unpopular pension reform.

Some insurers are forced to scrap whole electric vehicles if their batteries are scratched or slightly damaged as they lack repairability and cost as much as 50% of the total vehicle.

An apparent mix-up at a warehouse in Rotterdam led to JPMorgan Chase buying what it thought was $1.3 million worth of nickel but turned out to be bags of stones.

France's prime minster faces a vote of no-confidence after she pushed through unpopular changes to the federal pension program in a move backed by President Emanuel Macron.

Swiss banking giant UBS offered to buy rival Credit Suisse for $1 billion as Swiss authorities push for a deal in a bid to help restore faith in the banking system.

Hundreds of pension reform rioters were arrested in Paris and other French cities on Friday as demonstrators continued to oppose raising the retirement age from 62 to 64.

FOX Business' Stuart Varney discusses the impact of Biden's policies on foreign relations and the fallout from the Afghanistan withdrawal

Following similar action from the U.S. and the European Union, U.K. authorities said Thursday that they are banning the popular app TikTok from government devices on security grounds.

The European Central Bank announced another big spike in interest rates as the global banking sector reels from SVB, Credit Suisse and potential bank collapses.