Europe

President Biden said the the United States will pledge $200 billion to infrastructure investment programs that will counter China’s Belt and Road Initiative.

Auto manufacturer Rolls-Royce will offer a cash lump sum of 2,000 pounds to approximately 70% of its UK workforce amid high inflation and high living costs.

Russia on Monday threatened retaliation against Lithuania after it banned goods in transit to Kaliningrad, the Russian exclave located along the Baltic Sea.

Netherlands is joining Germany, Austria, and Italy in lifting bans on coal production in a bid to offset the energy crisis provoked by the Ukraine war.

Russia has overtaken Saudi Arabia as the top exporter of crude to China as western buyers continue to shun Russian oil over the invasion of Ukraine.

A global minimum tax deal hit a new roadblock last week after Hungary vetoed its implementation at a meeting of European Union finance ministers in Luxembourg.

Germany announced new measures to restart coal-fired power plants and curb natural gas usage after Russia cut gas supplies to Europe last week amid the war on Ukraine.

A video shows water cascading down from the ceiling of a British Airways flight from London to Washington, D.C. The airline said a faulty valve was later replaced.

Egypt, Israel, and the European Union signed a deal Wednesday to sell more natural gas to EU countries working on reducing dependence on Russian energy supply.

Gazprom said Russian natural gas deliveries to Europe will decrease by 40% after Canadian sanctions over the Ukraine war prevented a German energy company from delivering equipment.

The European Union championed its energy partnership with Israel as it seeks to become energy independent from Russia by the end of the year.

The European Union signed an agreement with Bavarian Nordic Tuesday for a supply of about 110,000 vaccine doses against monkeypox as the EU reports about 900 cases.

The former McDonald's chain in Russia has revealed a new logo as it prepares to reopen under new ownership. The fast-food giant pulled out of the country in May.

The policy shift would help narrow the gap with the Fed as U.S. and eurozone inflation rates converge.

The European Commission has called for Apple to change its iPhone connectors in iPhones sold in Europe by 2024 in an effort to make life easier for consumers.

FOX Business' Stuart Varney discusses U.K. Prime Minister Boris Johnson's political faults and policies as the country's economic stability begins to slide

French Finance Minister Bruno Le Maire confirmed Sunday that France was in talks with the UAE to replace Russian oil purchases as the European Union crude ban is set to take effect.