Moscow has placed the Russian subsidiaries of Nestlé, Auchan and other Western-linked firms under temporary state administration, raising fresh concerns about the fate of European corporate assets in Russia.
The Bank of Japan has raised its benchmark interest rate to 1.25%, the highest level in over three decades, continuing its historic shift away from ultra-loose monetary policy as inflation remains a persistent concern.
Brussels threatens to halt plastic waste shipments to Turkey unless Ankara can demonstrate meaningful progress in addressing pollution failures at waste treatment facilities across the country.
Equity markets across Asia posted broad gains in early Friday trading, drawing support from a robust session on Wall Street and a retreat in global oil prices that eased cost pressures on energy-dependent economies.
Speculation over a potential early exit by ECB President Christine Lagarde has prompted unease among staff at the Frankfurt institution, raising questions about leadership continuity at a critical moment for eurozone monetary policy.
Spain’s Supreme Court has ruled that the country’s new amnesty law does not apply to charges against exiled Catalan leader Carles Puigdemont, keeping an arrest warrant active and deepening tensions between Madrid and pro-independence parties.
Fresh data from Germany’s annual education index has deepened concerns over a sustained decline in student performance, with analysts urging a return to core competencies and greater transparency as the country searches for a path back to educational strength.
Facing mounting pressure from member states, Brussels is moving toward a stricter approach to irregular migration, with key policy announcements expected as early as the upcoming State of the Union address.
Paris has moved to ease a diplomatic standoff with Washington that had blocked the accreditation of its nominated ambassador, after a dispute over social media policy unsettled transatlantic relations between the two allies.
The return of Formula 1 racing to Madrid is generating an extraordinary spike in short-term rental costs, with some properties near the circuit listed at prices that would exceed most Europeans’ monthly salary.