A man wounded five people with a knife in the southern German city of Munich on Saturday and was being hunted by police, police and the fire department said. None of the injuries were life-threatening, police said, adding that the attacker’s motive remained unclear. They urged people in the city to remain at home as […]

The Spanish cabinet was meeting on Saturday to prepare to impose direct rule on Catalonia and thwart a drive by the autonomous region to breakaway from Spain. It will be the first time in Spain’s four decades of democracy that Madrid has invoked the constitutional right to take control of a region and rule it […]

President Donald Trump on Friday erroneously said a new report linked an increase in crime in parts of the United Kingdom to the “spread of Radical Islamic terror.” “Just out report: ‘United Kingdom crime rises 13% amid spread of Radical Islamic terror,'” the president tweeted on Friday morning. He appeared to tie the report to […]

French President Emmanuel Macron told CNBC Friday that the problem that U.K. Prime Minister Theresa May has is that nobody explained to the British people the consequences of a Brexit vote. When asked if the European Union would be able to make some verbal concessions to allow May to sell a Brexit deal at home, […]

The Catalonia crisis could soon reverberate throughout the country and prompt other Spanish regions to turn their back on Prime Minister Mariano Rajoy, the former president of the Basque parliament told CNBC on Friday. Spain’s central government said Thursday it would move to suspend Catalonia’s autonomy after the regional leader failed to drop a bid […]

Two of Italy’s wealthiest regions are poised to hold a referendum on greater autonomy Sunday, marking the latest bids by European regions to wrestle more power away from the establishment. Lombardy and Veneto, two northern regions home to about a quarter of Italy’s population, are pushing for more control over their finances and administrations. Milan […]

European Central Bank President Mario Draghi will return to the spotlight next Thursday with the focus firmly on how he plans to trim the bank’s asset purchase policy. So far, the ECB has said its purchases are intended to run at their current pace of 60 billion euros ($70.1 billion) per month until December 2017 […]

Prime Minister Theresa May denied reports Friday morning that the U.K. had increased its financial offer to the European Union as part of its steps to leave the bloc. “What I’ve made clear to my EU counterparts in relation to financial contribution is what I set out in my Florence speech, which is that I’ve […]

The Spanish government has agreed with the opposition Socialists (PSOE) to hold regional elections in January in Catalonia as part of the extraordinary package of measures to temporarily impose direct rule on the region, Socialist politician Carmen Calvo said in an interview on national television on Friday. Prime Minister Mariano Rajoy will hold a special […]

Sweden’s AB Volvo reported a bigger-than-expected rise in quarterly core earnings on Friday as stronger demand for heavy trucks more than offset costs stemming from strains on its supply chain, sending its shares to a record high. Sweden’s biggest manufacturer by sales also raised its outlook for truck markets on both sides of the North […]