Europe releases 42 million barrels of oil to curb prices, with diesel in focus
Strategic reserves will be released on a large scale over the next three months, while France is moving immediately to supply 10 million barrels of diesel, aiming to cut prices by up to 18 cents per litre
ECB faces leadership shake-up as Lagarde’s departure triggers succession race
The change comes as Europe faces renewed inflationary pressures and seeks to maintain confidence in government bond markets, with two names emerging as potential successors
Belgium temporarily postpones ban on smoking in outdoor spaces
The move had sparked strong opposition from the hospitality industry