Tag Archives: Breaking News: Europe

Bank of England cuts main interest rate to 0.25% amid coronavirus

Bank of England cuts main interest rate to 0.25% amid coronavirus

Mark Carney, governor of the Bank of England (BOE), gestures while speaking during the bank’s quarterly inflation report news conference in the City of London, U.K., on Thursday, Aug. 2, 2018.  Simon Dawson | Bloomberg | Getty Images The Bank of England (BOE) announced Wednesday an emergency cut to interest …

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Italy extends its quarantine to the entire country

Italy extends its quarantine to the entire country

A man wearing a protective mask passes by the Coliseum in Rome on March 7, 2020 amid fear of Covid-19 epidemic. Alberto Pizzoli | AFP | Getty Images Italy will expand the lockdown of the Lombardy region to the entire country, Prime Minister Giuseppe Conte said Monday as Italy’s case count surged, …

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Credit Suisse earnings Q4 2019

Credit Suisse earnings Q4 2019

Tidjane Thiam, chief executive officer of Credit Suisse, speaks during an earnings news conference in Zurich, Switzerland, on April 24, 2019. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse beat market expectations with its latest earnings on Thursday, posting a 69% increase in annual net income despite the spying scandal …

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