UK issues 'Red Extreme' heat warning as parts of country brace for temperature surge
The U.K.'s record high temperature stands at 38.7 degrees Celsius.
CNBC Europe
Russia's squeeze on gas means Germany's energy giant is having to draw supplies from storage
German energy giant Uniper said it is having to draw down gas supplies from storage facilities, further reducing supplies needed for winter.
Amazon plans 4,000 more jobs in the UK this year, defying tech downturn
The latest hiring push will bring the company's permanent workforce in Britain to over 75,000.
Italian president rejects Mario Draghi resignation as Rome plunges into political crisis
Italy is due to have new parliamentary elections before June 2023, but the latest uncertainty in Rome could bring that forward.
A second wave of Russians is fleeing Putin's regime
37-year-old Vladimir is one of a number of Russians who took time to get their affairs in order, but are now leaving the country.
U.S. inflation jumped by 9.1% in June, a four-decade high: Here's what you need to know about inflation
The consumer price index increased 9.1% from a year ago in June, the fastest pace since 1981. CNBC's Emily Lorsch explains inflation and what causes it.
EU hikes inflation forecast to 8.3% for 2022 as Russia-Ukraine war drives soaring prices
Historically high inflation is piling pressure on both national governments and the European Central Bank, which is due to meet next week.
U.S. calls on Russia to halt forced deportations of Ukrainians, citing war crimes
The Kremlin has previously denied all claims that its forces target and kill civilians.
Europe on high alert as Russia temporarily halts gas flows via major pipeline
Europe fears the suspension of deliveries could be extended beyond the 10-day timeline, derailing the region's winter supply preparations.
Norwegian oil giant Equinor to buy U.S.-based battery storage firm
A major producer of fossil fuels, Equinor is also working on renewable energy projects.
The world's most powerful tidal turbine just got a major funding boost
While there is excitement about the potential of marine energy, the overall size of tidal stream and wave projects remains small compared with other renewables.
EU to raise inflation forecasts as officials prepare for a permanent cut to Russian gas
Europe has been under intense pressure in the wake of Russia's invasion of Ukraine, with higher energy costs pushing up inflation across the region.
Global shipping wants to go green. But a lack of fuel is derailing its best-laid plans
The shipping industry is responsible for nearly 3% of the world's emissions.
UN to investigate the killing and wounding of children in Ukraine
The findings will be published in the U.N.'s annual "Children and Armed Conflict" global report.
Russia is bringing more reserve forces close to Ukraine; Moscow official jailed for anti-war comment
Russia is bringing its reserve forces from all over the country closer to Ukraine to prepare for future incursions, according to U.K. intelligence.
Railroad bottleneck at nation's busiest West Coast ports reaches inflection point
Rail delays involving Berkshire Hathaway's BNSF and Union Pacific are causing worsening
container congestion at the nation's busiest ports.
U.S. to send 15th military package to Ukraine, bringing total aid in Russia war to $7 billion
The latest aid package, which is the 15th such installment, brings the U.S. commitment to more than $7 billion since Russia's late February invasion of Ukraine.
Russia cheers Boris Johnson's demise as the world reacts to Britain's political drama
As events unfolded in the U.K. on Thursday, the spokesperson for the Kremlin, Dmitry Peskov said, "He doesn't like us, we don't like him either," according to a Reuters translation.
There's a battle over inflation-linked pay adding to European port contagion
A labor battle at German and Dutch ports is causing weeks of delays in car and furniture exports. For the union, inflation-adjusted pay is a big factor.
ECB stress test shows most euro zone banks don't include climate risk in their credit models
In a report published Friday, the European Central Bank said the findings reaffirm the view that banks must sharpen their focus on climate risk.
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