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Image for Italian watchdog investigates Telecom Italia contract with former network arm

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Italian watchdog investigates Telecom Italia contract with former network arm

Image for Dutch discover rare 500-year old wooden shoe

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Dutch discover rare 500-year old wooden shoe

Image for No French government before Monday evening, presidency says

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No French government before Monday evening, presidency says

Image for Euro edges down, dollar hovers around two-year high

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Euro edges down, dollar hovers around two-year high

Image for Spain’s Q3 GDP quarterly growth confirmed at 0.8% – final data

Spain’s Q3 GDP quarterly growth confirmed at 0.8% – final data

Date: December 23, 2024

(Reuters) – Spain’s gross domestic product grew 0.8% in the third quarter, the country’s National Statistics Institute (INE) said on Monday, confirming the expectations of analysts polled by Reuters and the preliminary reading. On an annual basis, Spain’s third-quarter economic output expanded 3.3%, a downwards revision from the preliminary reading of 3.4%, INE said. Analysts...

Image for France extends Olympics surveillance measures to Christmas market

France extends Olympics surveillance measures to Christmas market

Date: December 23, 2024

By Layli Foroudi and Juliette Jabkhiro PARIS (Reuters) – The first time French police informed the Chechen refugee that he was prohibited from leaving the northeastern city of Strasbourg and must check in with them daily, he did not think it worth contesting the order. France was in the midst of a massive security operation...

Image for UK economy flat-lined in Q3 in new setback for government

UK economy flat-lined in Q3 in new setback for government

Date: December 23, 2024

LONDON (Reuters) -British economic output failed to grow in the third quarter, official figures showed, adding to the signs of a slowdown at the start of the government of British Prime Minister Keir Starmer. The Office for National Statistics on Monday lowered its estimate for the change in gross domestic product output to 0.0% in...

Image for Lagarde says ECB very close to reaching its inflation goal, FT reports

Lagarde says ECB very close to reaching its inflation goal, FT reports

Date: December 23, 2024

(Reuters) -European Central Bank (ECB) President Christine Lagarde said the euro zone was getting “very close” to reaching the central bank’s medium-term inflation goal, according to an interview published by the Financial Times on Monday. Earlier in December, Lagarde had said the central bank would cut interest rates further if inflation continued to ease towards...

Image for Europe’s energy taxes are worsening industry woes, power CEO says

Europe’s energy taxes are worsening industry woes, power CEO says

Date: December 23, 2024

By Kate Abnett and Julia Payne BRUSSELS (Reuters) – Governments hunting for ways to aid Europe’s struggling industries should take aim at the continent’s high energy taxes, which are eroding competitiveness, the head of Europe’s electricity lobby told Reuters. The European Union is drafting a package of measures to support flagging industries, due early next...

Image for South Korean opposition threatens to impeach Han over martial law counsel

South Korean opposition threatens to impeach Han over martial law counsel

Date: December 23, 2024

By Hyonhee Shin SEOUL (Reuters) – South Korea’s main opposition party threatened on Monday to impeach acting president Han Duck-soo if he failed to proclaim a law to launch a special counsel investigation into President Yoon Suk Yeol’s failed bid to impose martial law. Prime Minister Han has taken over from the suspended Yoon, who...