Europe

The sun sets behind the lignite-fired power plant of Boxberg on August 18, 2023 in Neuliebel, Germany. Florian Gaertner | Photothek | Getty Images Germany needs to implement structural changes if it wants to prevent a political shift to the right, Commerzbank CEO Manfred Knof told CNBC at the Handelsblatt …

From February 5, 2023, the European Union will no longer purchase petroleum products such as diesel, gasoline or lubricants from Russia. Picture Alliance | Picture Alliance | Getty Images Russia imposed an indefinite ban on the export of diesel and gasoline to most countries, a move that risks disrupting fuel …

Copenhagen, DENMARK — Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol, a landmark moment for one of the world’s most polluting industries. The new container ship, ordered in 2021, has two engines: one moved by traditional fuels and another run with green methanol — …

It is “premature” to bet on a cut to interest rates, Francois Villeroy de Galhau, France’s central bank governor, told CNBC, as market players consider whether the European Central Bank has reached peak rates. “We should remain at this level for a sufficiently long period of time,” he told CNBC’s …

Japanese carmarker Nissan announced Monday that all new models it launches in Europe will be fully electric, as it reaffirmed its aim for solely electric vehicle sales on the continent by 2030. It said it was “pressing ahead” with the existing target just a week after the U.K. pushed back …

An illustrative image of a person holding a medical syringe and a vaccine vial in front of the Pfizer logo displayed on a screen. Nurphoto | Nurphoto | Getty Images The World Health Organization is monitoring a new strain of Covid-19 called EG.5, or “Eris,” that accounts for a growing …

The Starling Bank app displayed on a person’s phone. Adrian Dennis | AFP via Getty Images British digital bank Starling is planning its first expansion outside of Europe, targeting a move into Asia-Pacific, CNBC has learned. The digital lender, which is backed by Goldman Sachs, is in talks with an …

A pedestrian wearing a protective face mask walks in front of a UniCredit SpA bank branch in Milan, Italy, on Thursday, Sept. 3, 2020. Camilla Cerea | Bloomberg | Getty Images Italian bank shares rebounded on Wednesday after the government watered down a surprise windfall tax on excess profits announced …

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Stefan Trumpf | Picture Alliance | Getty Images Shares of Danish drugmaker Novo Nordisk soared on Tuesday, after late-stage trial data showed that its obesity drug Wegovy reduced the …

A Ukrainian soldier of the 24th Separate Mechanized Brigade, named after King Danylo, operates the test flight a new FPV drone in the training area as soldiers test their new military equipment as Russia-Ukraine war continues in Donetsk Oblast, Ukraine on August 03, 2023.  Wojciech Grzedzinski | Anadolu Agency | …