French President Emmanuel Macron on Monday said he would go directly to voters via referendum if parliament does not vote major institutional reforms quickly enough. In a much-touted policy speech to both houses of parliament which was strong on broad principles but carried little concrete announcements, the new president confirmed he wanted to add a […]

Four former top Barclays executives appeared in court in London on Monday to face charges that they conspired to commit fraud during the bank’s 12 billion pound ($15.56 billion) emergency fundraising in 2008. Former Chief Executive John Varley along with Roger Jenkins, Tom Kalaris and Richard Boath were charged by Britain’s Serious Fraud Office last […]

Bank of England staff have voted to hold their first strike in more than 50 years in a push for higher pay, a union said on Monday, adding to pressure for an end to tight controls on public sector wages in Britain. Unite, Britain’s biggest union, said maintenance and security staff at the 323-year-old institution […]

The Purchasing Managers Index (PMI) is a closely watched economic indicator, but the value of this data has been called into question, with one economist telling CNBC it is wildly exaggerated. Several pieces of euro zone PMI data were released on Monday. Spanish manufacturing PMI for June slipped to 54.7 from 55.4 in May, while […]

Seventeen people were killed when a coach burst into flames after colliding with a lorry on a motorway in the German state of Bavaria on Monday, local newspaper Frankenpost said. Frankenpost did not identify its source for the information and police were not immediately available to comment when contacted by Reuters. A police spokesman told […]

Iran plans to sign a new contract to develop its giant South Pars gas field with France’s Total and China’s CNPC on Monday, the first major Western energy investment since sanctions against Tehran were lifted, an Iranian oil ministry official told Reuters on Sunday. A spokesman for Total confirmed the company will sign the contract […]

It is now just over a year since the UK’s non-binding referendum vote to extricate itself from the European Union. And in the 12 months since, amid electoral surprises, incessant speculation and endless political posturing, the British economy has not – by some measures – performed particularly well. The most recent public data shows the […]

Eight people were wounded in a shooting in front of a mosque in the southern French city of Avignon in an incident police consider to be a settling of scores rather than a militant attack, a source close to the investigation said on Monday. Two of the eight wounded were hospitalized after the incident, according […]

Ukraine said on Saturday that Russian security services were involved in a recent cyber attack on the country, with the aim of destroying important data and spreading panic. The SBU, Ukraine’s state security service, said the attack, which started in Ukraine and spread around the world on Tuesday, was by the same hackers who attacked […]

Chinese President Xi Jinping swore in Hong Kong’s new leader on Saturday with a stark warning that Beijing won’t tolerate any challenge to its authority in the divided city as it marked the 20thanniversary of its return from Britain to China. Police blocked roads, preventing pro-democracy protesters from getting to the harbour-front venue close to […]