The European Central Bank's payment system experienced a seven-hour breakdown, disrupting trillions of euros in transactions. The issue was attributed to a hardware defect, not foul play. This ...

Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's ...

Key U.S. jobs data, a likely interest-rate cut by the ECB and China’s annual National People’s Congress will all attract ...

Twenty-five years after the launch of the euro, the European Union faces a serious predicament, with the two largest ...

The European Central Bank looks primed to cut its key interest rate next week, after French inflation fell to its lowest level in four years, and price increases held steady in Germany, Italy and ...

The European Central Bank experienced a major breakdown in its payment system, causing delays in transactions and impacting trillions of euros in payments. The malfunction disrupted the Target 2 ...

Nine months after passing a landmark AI Act, the EU has become a battlefield for AI companies and rightsholders.

DekaBank launches institutional crypto trading services, partnering with Boerse Stuttgart Digital for secure digital asset ...

German annual inflation came in at an unchanged but higher-than-expected 2.8% in February, provisional data from statistics agency Destatis showed Friday. The print is harmonized across the euro area ...

Fears about the wider global economic hit from a trade war are also starting to drag on domestic U.S. firms. Some 41% of ...

France's inflation rate fell to its lowest level in four years, taking it further below the European Central Bank's target and priming the bank for a fresh cut to interest rates next week. Consumer ...

Officials who help steer the European Central Bank’s oversight arm want it to take a fresh look at how it conducts ...