Europe

Oil prices are getting slammed with downward volatility on renewed COVID-19 fears.

Biotech giant Regeneron received another massive boost after its COVID-19 antibody cocktail received approval from a European commission for use and marketing.

More than a year and a half after COVID-19 concerns prompted the U.S. to close its borders to international travelers from countries including Brazil, China, India, South Africa, the United Kingdom and much of Europe, restrictions are shifting to focus on vaccine status.

Sen. John Barrasso, R-Wyo., the ranking member of the Senate Energy and Natural Resources Committee, released an “investigative report" looking at “how Europe’s energy crisis serves as a dire warning to the United States if Democrats enact President Biden’s budget blowout," according to a press release exclusively obtained by FOX Business.

President Biden and European Commission President Ursula Von Der Leyen announced a new agreement on Sunday that includes lifting steel and aluminum tariffs as part of what Biden called “a new era of transatlantic cooperation.”

The Latest on the Group of 20 summit taking place in Rome: Leaders have expressed “broad support” for a landmark deal to establish a 15% global minimum corporate tax that aims at deterring multinational countries from using clever accounting to elude taxes by using low-rate havens.

A forthcoming flight to space by a Japanese billionaire will allow the public to have a closer look at life on board the International Space Station, the president of Space Adventures, a company that organized the flight, said Friday.

Russia has the potential to boost natural gas supplies to Europe, where surging gas prices have ramped up pressure on consumers, the Kremlin said Thursday.

The Organisation for Economic Cooperation and Development on Friday announced a landmark agreement to overhaul international tax rules.

Ireland has agreed to join a groundbreaking international agreement for a global minimum tax rate on corporations around the world, sacrificing its prized low-tax policy that has attracted major multinationals including Apple, Facebook and Google.

British Prime Minister Boris Johnson said he would press ahead with his government’s pledge to end the influx of low-paid migrant workers despite the country’s labor shortages, describing it as a radical change for the British economy.

FOX Business host Stuart Varney discusses the impact inflation has on Americans' 401(k) and the energy crisis plaguing Europe

The U.S. would have one of the highest corporate tax rates in the world under a Democratic proposal that would overhaul the nation's tax code.

Last year’s grape harvest was a harrowing scramble at Mirko Cappelli’s Tuscan vineyard. With the Italian border closed because of the pandemic, the Eastern European workers he had come to rely on couldn’t get into the country. The company he had contracted to supply grape pickers had no one to offer him. He ultimately found just enough workers to bring the grapes in on time.

The overall inflation level was boosted by a jolting 17.4% increase in energy prices. Core inflation, which excludes volatile fuel and food, was more modest at 1.9%.

A Danish artist who was was given a pile of money by a museum with which to create a piece of artwork, submitted two empty canvases — titled “Take the Money and Run.”

The U.S. and European Union pledged Wednesday to deepen its alliance for the sake of advancing common priorities like artificial intelligence, trade challenges and the “underpin” to global economies: semiconductors.