United Kingdom airline regulators have issued a statement to airlines to minimize flight disruptions or face sanctions from the institution.
This week, a published ZEW economic institute study revealed that a potential gas rationing in Germany would impact negatively the metals and chemicals industries.
The major aluminium corporation Alcoa released its earnings prior to the market opening on Thursday. It was revealed that the company's earnings per share were higher by 15.38% instead of the estimate. The stock started Thursday's trading with a spike up of 5.04%, which was entirely attributed to the earnings.
At 12:15 GMT, the European Central Bank did its first rate hike since April 2011 by hiking an unexpected 0.50% and published its Monetary Policy Statement. The central bank intends to combat rampant inflation despite worries that heavily in debt countries would struggle with servicing their sovereign bond debt.
This week, it was revealed that the Czech Republic was in talks with the US to acquire Lockheed Martin F-35 fighter jets.
As the total car sales have declined in Europe, the electric car registration had increased to 9.9% of the total registered new cars.
The carmaker Volvo has announced that the company expects flat or even lower retail sector sales in 2022.
The stock price of Carnival Cruises has suffered a major decline, as during European trading hours on the London stock exchange the stock price plummeted 5.80%. The decline was caused by the management of the company announcing a new share issue.
Armani has revealed that in the first half of 2022 the company's revenues had increased by 20.00%, as sales had increased above 2019 levels.
A German consumer group has filed a lawsuit against Tesla due to concerns over misleading CO2 ads and failure at data protection.
As a Spanish workers union gave its approval, the German carmakers Mercedes Benz has announced that it would invest 1.2 billion in an expansion of the company's plant in Vitoria.
AB Volvo revealed on Tuesday that the company had made higher than forecast profits, as demand for the company's trucks increased.
The world's largest lock maker Assa Abloy has reported that it had beat its second quarter earnings expectations, as sales had grown in the US and Europe.
This week, Swedbank revealed that the company's profits have been below expectations for the second quarter of 2022, as high costs offset rising income.
Binance has been received a 3.30 million Euro fine from the Dutch central bank due to the exchange offering services while not being registered in the country.
As the SAS pilot strike entered its third week, the company started negotiations with the pilot union. The even caused a 18% recovery of the airline's stock price.
The Euro has been rallying throughout the day due to a news piece by Reuters, which revealed that the European Central Bank policymakers were considering a 0.50% base interest rate hike.
Deliveroo has announced that the company expects lower 2022 earnings, as consumers in the United Kingdom have been cutting their expenses.
This week, the Finnish banking group Nordea revealed higher than expected profits, despite the ongoing global economic decline.
On Tuesday, July 19, the stock price of EDF jumped by 15.00% at the start of the day's European trading. The surge was caused by news that the French government would buy out the debt ridden company for a total of 9.7 billions Euro.
Chinese authorities have reportedly increased their efforts to encourage lenders to extend their loans to real estate firms, as a wide mortgage payment boycott has been ongoing in the country.
The United Nations have revealed information that on a global scale in June food prices had declined due to an increase in output.
The German automaker BMW car sales have declined by 13% in the first half of 2022.
A recent ECB climate stress test has revealed that a $71 billion risk to euro zone banks exists due to jump in commodity prices and ongoing global droughts and floods.