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This year’s elections have led to a three-way split in the European Parliament, with none of the “spitzenkandidat” able to achieve a parliamentary majority. File photograph: Getty

Top jobs – the rules and the traditions Every five years, at the beginning of a new term of the European Parliament, the European Council, which is m(...)

Traders work on the floor at the New York Stock Exchange   in New York, US. Photograph: Brendan McDermid/Reuters

Weak German economic data and a profit warning from Daimler hit European stock markets on Monday as investors reined in any bets on a fourth week of g(...)

  European Council president Donald Tusk (left) and European Commission president Jean-Claude Juncker:  business ended on Friday with  a brief Brexit discussion. Photograph: Olivier Hoslet

Although EU leaders on Thursday night laboured mightily to no apparent end to break their “top jobs” deadlock, their four-hour debate into the early h(...)

North Korean leader Kim Jong-un welcoming Chinese president Xi Jinping at Pyongyang airport this week. Photograph:  KCNA via Reuters

Chinese president Xi Jinping has promised to play an active role in the denuclearisation of the Korean peninsula and offered to help with “security an(...)

Taoiseach Leo Varadkar (left) speaks to  European Union chief Brexit negotiator Michel Barnier   on the sidelines of the EU Summit in Brussels on Thursday. Photograph: EPA

A weary Donald Tusk told journalists in Brussels early this morning that EU leaders had failed to agree on a new president for the European Commission(...)

European Union chief Brexit negotiator Michel Barnier and Taoiseach Leo Varadkar at the  summit in Brussels on June 20th, 2019. Photograph: Olivier Matthys

From late morning on, the prospects of another EU summit of “top jobs” became increasingly inevitable. Leaders emerged from party caucuses shaking the(...)

Federal Reserve chairman Jay Powell: the Fed noted that inflation continued to run below its 2% target

The Federal Reserve held interest rates steady but shifted towards a more dovish stance and pointed to possible interest rate cuts in the future, citi(...)

Carrie Lam, Hong Kong’s chief executive: has apologised for proposing legislation to allow extraditions to mainland China. Photograph: Lam Yik Fei/New York Times

Following a heady few weeks in Hong Kong where millions of protesters forced the government into a dramatic U-turn, eyes are now on Beijing as people (...)

European central Bank president Mario Draghi. Photograph: Julien Warnand/EPA

European stocks rose to six-week highs in the wake of dovish remarks from European Central Bank president Mario Draghi. News that the United States an(...)

Renault  chairman  Jean-Dominique Senard addresses shareholders during a meeting in Paris. Photograph: Reuters/via Reuters TV

Renault’s chairman sharply criticised the French government for scuppering merger talks with Fiat Chrysler, putting the carmaker at odds with its larg(...)

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