Eurozone Inflation Eased in November, but Further Rate Rises Likely
The annual rate of inflation in the eurozone fell in November for the first time since mid-2021 as…
Fighting Rages in Eastern Ukraine as Zelensky Warns of More Russian Missile Attacks
KYIV, Ukraine—Fierce fighting rumbled on in east Ukraine, as Moscow denied Kyiv’s claims that…
Russian Strikes Hit Southern Ukraine as Country Scrambles to Restore Electricity
MYKOLAIV, Ukraine—Russian strikes hit cities across southern Ukraine over the weekend, as intense…
European Energy Ministers Set to Clash Over Proposed Gas-Price Cap
BRUSSELS—European Union energy ministers are gathering to haggle Thursday over details of a new…
U.K. Inflation Hits 41-Year High as Recession Looms
LONDON—The U.K.’s annual rate of inflation rose to a 41-year high in October on surging energy…
Work From Home to Lower Your Office’s Energy Bill, Employers in Europe Tell Staff
For two years, Milan’s Mayor Beppe Sala tried to get the city’s public servants to return to the…
U.K. Economy Shrank in Third Quarter, Sliding Toward Recession
The U.K. economy contracted in the three months through September, as high energy prices and rising…
Bank of England Raises Key Interest Rate by 0.75 Point
LONDON—The Bank of England raised its key interest rate by 0.75 percentage point on Thursday, the…
Russian Shelling Forces Ukraine Nuclear Plant to Run on Backup Generators
Ukraine said its Zaporizhzhia nuclear-power plant has been disconnected from the power grid after…