NEWS

The European Parliament chief's long list of gifts included a dried sausage, champagne and a blue statuette of a sheep

EU parliament chief publishes list of gifts late

The head of the European Parliament, Roberta Metsola, has disclosed the many gifts she has received in the past year, albeit late, as the scandal-hit institution seeks to rebuild credibility.
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A Burberry store is seen in London

Richemont, Burberry optimistic about China luxury sales

Luxury retailers Richemont and Burberry said they were optimistic that consumers in China would start spending again, helping offset three years of upheaval from the government's strict COVID-19 lockdowns and soaring infections.
A gas burner is pictured on a cooker in a private home in Bordeaux

Europeans dial down the heating, heed calls to save energy

Europeans have dialled down their heating this winter, apparently heeding government calls to conserve energy amid the Ukraine crisis, with some delaying switching it on by almost a month and setting the temperature lower, data shows.
A huge electric stock quotation board is seen inside a building in Tokyo

Stocks bouyed by cheery data after BOJ damp squib

World stocks rose and Japan's yen tumbled on Wednesday, after the Bank of Japan poured cold water on monetary tightening expectations and economic and earnings data proved cheery for European markets.
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