The European Central Bank experienced a major breakdown in its payment system, causing delays in transactions and impacting trillions of euros in payments. The malfunction disrupted the Target 2 ...

FRANKFURT -- Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's machine underpinning trillions of euros of money movements.

Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European ...

German annual inflation came in at an unchanged but higher-than-expected 2.8% in February, provisional data from statistics ...

The latest data shows inflation is at its lowest level since February 2021, before a series of supply shocks drove it higher across Europe and much of the globe. It also marks the first time since ...

Deutsche Boerse's Clearstream said on Friday services were largely restored but that there was still some residual impact ...

UniCredit in late November swooped on Banco BPM, which has long been a natural takeover target for the bigger peer given its ...

The euro zone continued to suffer fallout on Friday from an unprecedented breakdown in the European Central Bank's payments ...

All Eyes on the Fed's Preferred Inflation Gauge; Renewed U.S. Tariff Threats Spook Investors By Vicky Ge Huang The Federal Reserve's preferred inflation gauge cooled in January, if economists' ...

Standard Chartered Bank’s latest macroeconomic update on Vietnam forecasts a rise in inflation, expecting it to increase to 3 ...

Eisai (ESAIY) and Biogen (BIIB) announced that the Committee for Medicinal Products for Human Use, CHMP, of the European Medicines Agency, EMA, ...