UK borrowing costs drop sharply after lower-than-expected inflation print
The yield on two-year gilts fell 24 basis points as markets repriced Bank of England peak rate expectations lower.
CNBC Europe
Most outsourced coders in India will be gone in 2 years due to A.I., Stability AI boss predicts
Most outsourced programmers in India will see their jobs wiped out in the next year or two, Stability AI CEO Emad Mostaque said.
Soaring temperatures in Europe near record as wildfires rage in Greece and Swiss Alps
Researchers say the climate emergency is strongly increasing the odds of heatwaves such as the one currently being experienced across Europe.
EU's competition chief Margrethe Vestager under fire for hiring a U.S. economist
Europe's powerful competition chief is under fire for hiring an American citizen for one of her team's top jobs.
British tycoon plans to launch an electric airline that will serve plant-based food
Ecojet flights in the U.K. will begin in 2024. Trips to mainland Europe will follow, and long-haul journeys are also in the works.
Can ChatGPT find ‘hidden gems’ for trips in Europe? Yes, if you use these prompts
ChatGPT can find off-the-beaten track gems in Europe if you ask the right questions, says the London-based travel writer Lisa Lucas.
Wheat prices surge after Russia ends grain deal. And it's not good news for the world's food supply
Analysts described the demise of the Black Sea Grain Initiative as both an inevitable setback and a blow to markets.
Russia axes landmark Ukraine grain deal just hours before deadline
A pact facilitating the export of key Ukrainian grains to the global markets was set to expire on Monday.
Italy warns ‘peak of the heat is coming,’ issues red alert for 16 cities as temperatures soar
Italy's cities of Rome, Florence and Bologna are among some of the areas affected by an intense and prolonged heatwave.
Cluster bombs could turn the war in Ukraine's favor — but Russia says it's ready to use them too
Russian President Vladimir Putin warned Moscow has a "sufficient reserve" of cluster munitions and reserves the right to use the weapons in tit-for-tat actions.
UK regulator extends deadline for Microsoft-Activision probe by six weeks
The extension will give the watchdog more time to review proposals by the two parties to resolve its concerns after it paused a campaign to block the deal.
A.I. is a $1 trillion investment opportunity but will be 'biggest bubble of all time,' CEO predicts
Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of AI: "I think this will be the biggest bubble of all time."
Britain signs deal to join £12 trillion Indo-Pacific trade bloc
The 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership includes Canada, Mexico, Japan, Australia, Vietnam, Singapore and Malaysia, among others.
A landmark agricultural deal that guarantees food security for tens of millions is set to expire on Monday as Russia debates its renewal
Russia has yet to decide if it will extend the terms of the Black Sea Grain Initiative, which is set to expire on Monday.
Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
The move will see Public compete with a flurry of well-established digital brokerage platforms, as well as upstarts like Revolut and Freetrade.
'Gratitude' spat: NATO and Ukraine's clash over aid reveals a strained power dynamic
There was a "very clear message from the U.S. side, you [Ukraine] went too far," a senior diplomat who attended the meetings in Lithuania told CNBC.
Germany urges companies to 'de-risk' from China, emphasizes it is not seeking a decoupling
Germany on Thursday said that there is an urgent need for companies to de-risk from China, while "not pursuing a decoupling" of both economies.
'I am not Amazon' and 'people want to see gratitude': UK minister's comments on Ukraine cause a stir
Ben Wallace's remarks were made on the side lines of a NATO summit in Lithuania.
Europe sizzles as a heatwave sweeps the continent, pushing temperatures close to record levels
Climate scientists are deeply concerned about a recent spate of global heat records.
Huw Edwards named as BBC anchor accused of paying teen for explicit pictures
Several allegations about the presenter's behavior have now been made.
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