CNBC - Europe News

German Chancellor Merkel’s party picks Armin Laschet as new leader

Sat, 16 Jan 2021 13:50:31 GMT

Laschet is currently the prime minister of Germany's North Rhine-Westphalia region, the most populous federal state in the country.

Watch live: New York Gov. Andrew Cuomo holds a press briefing on Covid pandemic

Fri, 15 Jan 2021 16:28:41 GMT

New York Gov. Andrew Cuomo is holding a press briefing on the coronavirus Friday as the state continues to roll out coronavirus vaccines.

Pfizer to temporarily reduce Covid vaccine deliveries to Europe

Fri, 15 Jan 2021 15:46:43 GMT

Pfizer will temporarily reduce the number of doses of its coronavirus vaccine being delivered to Europe.

Dutch government resigns after childcare benefits scandal

Fri, 15 Jan 2021 15:15:04 GMT

The whole Dutch government collectively resigned on Friday after a scandal involving the mismanagement of childcare funds, which drove thousands of families into financial ruin.

OneWeb secures new funding from SoftBank to help it take on Elon Musk’s Starlink

Fri, 15 Jan 2021 14:54:37 GMT

U.K. satellite communications firm OneWeb announced it has $1.4 billion in total funding thanks to a new investment from SoftBank and Hughes Network Systems.

Italy will not opt for a 'populist' answer to the current political crisis, former minister says

Fri, 15 Jan 2021 10:25:30 GMT

Italy's political crisis will not mean a populist or anti-EU government in Rome, Elena Bonetti, a former minister and Italia Viva member said.

Italy plunges into political crisis — again: Here’s what you need to know

Thu, 14 Jan 2021 12:46:10 GMT

Italy is facing a new political crisis after Matteo Renzi, leader of Italia Viva, dropped his support for the Conte coalition.

Elon Musk's SpaceX starts testing Starlink broadband service in the English countryside

Thu, 14 Jan 2021 11:33:14 GMT

SpaceX's satellite broadband service Starlink is now being tested in the U.K. after it was given a license by U.K. telecoms regulator Ofcom.

Qatar Financial Centre wants to attract $25 billion of foreign investments by 2022 as Gulf rift ends

Thu, 14 Jan 2021 08:11:28 GMT

Qatar Financial Centre has targeted $25 billion of foreign direct investment inflows by 2022, its CEO Yousuf Al-Jaida told CNBC in an exclusive interview.

Italy's government in crisis after former PM pulls support for ruling coalition

Wed, 13 Jan 2021 17:58:55 GMT

Italy's former prime minister Matteo Renzi said two ministers from his Italia Viva party would resign, effectively triggering the government's collapse.

Facebook and other tech giants could soon face a flood of court cases in Europe over data privacy

Wed, 13 Jan 2021 13:53:09 GMT

Facebook and other U.S. tech giants could face new data privacy cases in Europe after the ECJ said any regulator in the region can bring about new proceedings.

SoftBank-backed online car dealer Auto1 to go public in first quarter, plans to raise $1.2 billion

Wed, 13 Jan 2021 12:50:54 GMT

German online car trading platform Auto1 on Wednesday announced it is planning to list on the Frankfurt Stock Exchange in the first quarter of 2021.

Lagarde stands by growth forecasts despite new lockdowns hitting Europe

Wed, 13 Jan 2021 11:41:34 GMT

The ECB is sticking to its growth projections despite new coronavirus restrictions that could extend the economic crisis in the euro area.

What we know about the spread of Covid among children — and whether shutting schools reduces ...

Wed, 13 Jan 2021 11:05:04 GMT

School closures have a clear negative impact on children's health, the United Nations health agency has warned.

Meet the three men hoping to replace Angela Merkel

Wed, 13 Jan 2021 07:50:38 GMT

Whoever wins the leadership contest for Germany's CDU Party on Jan. 16 will most likely also be the next chancellor of Germany.

U.S. will require negative Covid tests for inbound international air travel

Tue, 12 Jan 2021 21:39:43 GMT

The U.S. government will start requiring negative Covid tests for air travelers arriving from abroad.

Boeing's 2020 aircraft cancellations worst on record, despite December Max orders

Tue, 12 Jan 2021 17:23:04 GMT

Boeing's 2020 aircraft cancellations were the worst on record as pandemic hit sales.

AstraZeneca Covid vaccine could be distributed across Europe by mid-February, EU official says

Tue, 12 Jan 2021 13:08:50 GMT

AstraZeneca's vaccine against the covid-19 could be available across the European Union in mid-February after asking the European Medicines Agency for approval.

Party city Dubai, a haven for escaping lockdowns, gets kicked off UK travel corridor along with ...

Tue, 12 Jan 2021 12:10:24 GMT

Brits flooded Dubai resorts to escape the harsh U.K. winter lockdown, triggered by the discovery of a rapidly spreading new coronavirus strain.

Fintech firm Checkout.com crowned Europe’s top unicorn after tripling valuation to $15 billion

Tue, 12 Jan 2021 05:01:01 GMT

Checkout.com said it's raised $450 million in an investment led by Tiger Global Management.