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London’s FTSE 100 advanced 0.6 per cent. Photograph: Chris J Ratcliffe/Getty Images

European stocks continued their ascent on Friday morning despite sustained uncertainty about the continent’s economic recovery and rising coronavirus (...)

A lone biker at Berlin’s Brandenburg Gate. Services sentiment indices fell in Germany and France, the euro zone’s two largest economies. Photograph: iStock

Euro zone services activity declined in September according to a widely watched business sentiment survey, fuelling economists’ concerns that a resurg(...)

The possibility of a no-deal Brexit is also weighing on the pound, although Britain has said it believes a trade deal is still possible. Photograph: iStock

Sterling is having its worst month in four years and extended its fall against the dollar and euro on Wednesday after new long-lasting coronavirus res(...)

A laptop displays Christine Lagarde, president of the European Central Bank (ECB), during a live stream video of the central bank’s virtual rate decision news conference in Frankfurt on Thursday. Photograph: Bloomberg

European Central Bank president Christine Lagarde said the surging euro must be monitored for its impact on prices, but she didn’t signal any pressing(...)

Traders are bracing themselves for more sterling volatility amid fears that Britain is preparing to undercut its Brexit divorce treaty. The UK will l(...)

US stocks traded mixed, near all-time highs, as investors evaluated the outlook for global growth and central bank stimulus to counter the pandemic. Photograph: Richard Drew/AP Photo

European shares ended Monday lower, weighed down by weak financial stocks after disappointing German and Italian inflation data, but closed August hig(...)

Philips was one of several firms contracted by the US to supply 187,000 ventilators to the strategic national stockpile to treat patients affected by Covid-19. Photograph: Getty

Philips said the US Department of Health had cancelled most of an order for 43,000 ventilators, leading the Dutch medical equipment maker to cut its 2(...)

In Asia-Pacific, Australia’s S&P/ASX 200 rose 0.8 per cent. China’s CSI 300 index of Shanghai and Shenzhen-listed stocks fell 0.1 per cent and Hong Kong’s Hang Seng gained 0.1 per cent.

Wall Street’s benchmark stock index has struck an all-time intraday high after rallying more than 50 per cent from the bear-market low hit during the (...)

Peter Roebben, chief executive of KBC Bank Ireland at the bank’s offices on Sandwith Street, Dublin. Photograph: Laura Hutton

Peter Roebben, a lifer with Belgian financial giant KBC Group who was dispatched in April last year to run its Irish unit, wants to clear something up(...)

The European Banking Authority (EBA) said that these banks must now complete the “full execution” of their Brexit plans, as agreed in their new licences

Banks using Britain as a gateway to the European Union must fully execute their plans for serving European Union customers before a Brexit transition(...)

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