The Latest Breaking News from Western Europe

Savannah Resources said on Wednesday it had little control over what it described as the political process which is delaying its extraction plans for what could become western Europe's largest lithium mine in northern Portugal.

Alibaba Group Holding Limited's (NYSE:BABA) hunt for overseas growth is critical to offset sluggish demand at home by expanding in Europe through its Southeast Asian offshoot, Lazada, Reuters reports. Lazada plans to target local European vendors, while Alibaba's existing global platform, AliExpress, will continue to focus mainly on cross-border sales from China. However, the…

From the outset, mystery has shrouded the COVID-19 pandemic in China. The origin of the virus remains unknown, important Chinese journalists and key scientists have been muted, and case and death totals reported by China’s government have been unbelievably low — the United States and most of Western Europe have…

Twenty-five years ago, Joe Biden visited Warsaw, Poland, with a warning: Even though the Soviet Union had collapsed, some of NATO’s original members weren’t doing enough to ensure the alliance’s collective defense. “Now it is time for the people of Western Europe to invest in the security of their continent…

Million-plus containers set to ride railway linking Western Europe to Eastern China via Russia now have to find new routes by sea, adding to costs and threatening to worsen the global supply chain chaos, 

Ukrainian refugees fleeing bombs and bullets at home are fanning out across Western Europe

BofA analyst Justin Post lowered Meta Platforms Inc's (NASDAQ:FB) price target to $290, down from $330, but reiterated a Buy. The price target implies an upside of 54%. Post noted that Russia's invasion of Ukraine would have a "modest impact" on advertising sales of the Facebook parent. Also Read: Deutsche Bank Still Finds Big Tech…

BMO Capital analyst Peter Sklar downgraded Magna International Inc (NYSE:MGA) to Market Perform from Outperform with a price target of $63, down from $89, implying an 11% upside. The analyst stated that he had previously seen a possibility of a timely resolution of the Ukraine/Russia conflict, but recent developments instead point to a protracted…

Several hundred Hungarians rallied in central Budapest on Tuesday to protest against the Russian invasion of Ukraine, which has sent tens of thousands of refugees across the border, with most of them fleeing towards Western Europe.