ECB's Holzmann says central bank's new policy guidance was a 'step too far'
His words follow last week's announcement that the ECB will pursue a "persistently accommodative" stance.
CNBC Europe
Europe’s proposed A.I. law could cost its economy $36 billion, think tank warns
A new law designed to regulate artificial intelligence in Europe could end up costing the EU economy 31 billion euros ($36 billion) over the next five years.
Swedish researchers are paying unvaccinated people $23 to have their Covid shot
Swedish scientists are attempting to find out if financial incentives could motivate people to get vaccinated against Covid-19.
Marlboro maker Philip Morris says it may stop selling cigarettes in Britain within 10 years
"I want to allow this company to leave smoking behind," Philip Morris CEO Jacek Olczak said in an interview with the Mail on Sunday.
Dr. Scott Gottlieb says U.S. delta-driven Covid spike could peak in 3 weeks, following U.K. pattern
"If the U.K. is turning the corner, it's a pretty good indication that maybe we're further into this than we think" in the U.S., Dr. Scott Gottlieb told CNBC.
Budget airline Ryanair posts 273 million euro loss as Covid continues to wreak havoc
Low-cost airline Ryanair said Monday that it's still facing a "challenging" environment and that it might finish the fiscal year "somewhere between a small loss and breakeven."
Action on climate change can provide a shot in the arm for the global economy, economist says
The fatal floods in Germany in recent weeks have put the impacts of climate change firmly in the spotlight again.
UK contact tracing app downloads spike despite fears of a 'pingdemic' as Covid cases surge
The NHS Covid-19 app was downloaded 161,000 times last week, according to App Annie, up from 131,000 in the previous week.
Jadon Sancho: Manchester United sign England winger from Borussia Dortmund for £73 million
Sancho has signed a five-year deal at United, with an option of a further year.
Farming and solar power set to combine in Netherlands-based pilot project
The pilot project, known as Symbizon, is slated to last four years.
ECB hawk says he's uncomfortable with central bank's new policy, but dissent shouldn't be dramatized
One of the more hawkish members of the European Central Bank has sought to downplay the division seen at the Frankfurt institution this week.
Nightclubs are a new battleground against Covid, but the young yearn for freedom
The night time economy is re-opening just as coronavirus cases soar, particularly among the young.
U.S., Germany strike a deal to allow completion of controversial Russian Nord Stream 2 pipeline
The United States and Germany reached an agreement on the $11 billion Nord Stream 2 pipeline, a thorny, long-standing point of contention.
Mercedes plans to go all-electric by the end of the decade
A host of automotive companies have announced plans to expand their offering of low and zero-emission vehicles.
European Central Bank vows a 'persistently accommodative' stance in new guidance
The European Central Bank on Thursday held monetary policy steady, but tweaked its guidance to reflect its recently-hiked inflation target.
Visa makes another big bet on fintech, buying UK payments start-up Currencycloud
Visa is buying Currencycloud in a deal valuing the British payments start-up at £700 million.
Europe's travel industry is on a knife edge as Covid surges, again
As Covid vaccines rolled out across Europe, hopes were high for a rebound in summer tourism. Instead, the season is looking highly uncertain.
UK digital bank Starling trims losses as revenue skyrockets 600%
Starling is "very much on track" to post its first full year of profitability in 2022, CEO Anne Boden said.
United Airlines shares rise on upbeat demand forecast despite delta variant
United Airlines shares rose after the carrier issued an upbeat demand forecast.
CO2 emissions set to hit record levels in 2023 and there's 'no clear peak in sight,' IEA says
Achieving climate-related goals is a major challenge for governments around the world.
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