IBT Staff Reporter

European stocks slipped on Wednesday, dented by disappointing earnings and nerves ahead of a policy decision by the U.S.

European stocks dropped on Wednesday, weighed by disappointing earnings and investor jitters ahead of a policy decision by the U.S.

Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following a final cargo shipment this week, the Danish shipping group said on Wednesday.

France's Socialist Party and the hard-left La France Insoumise (LFI) agreed in principle on Wednesday to run together in June parliamentary elections and try to deprive newly re-elected President Emmanuel Macron of a majority.

France's Socialist Party and the hard-left La France Insoumise (LFI) agreed in principle on Wednesday to run together in June parliamentary elections and try to deprive newly re-elected President Emmanuel Macron of a majority.

The European Union's chief executive on Wednesday proposed a phased oil embargo on Russia over its war in Ukraine, as well as sanctioning Russia's top bank and banning Russian broadcasters from European airwaves, in a bid to deepen Moscow's isolation.

The European Union's chief executive on Wednesday proposed a phased oil embargo on Russia, sanctions on its top bank and a ban on Russian broadcasters from European airwaves in its toughest measures yet to punish Moscow for its war in Ukraine.

The European Union's executive on Wednesday proposed the toughest package of sanctions yet against Moscow for its war in Ukraine, but several countries worried about the impact of cutting off Russia oil imports stood in the way of agreement.

Britain's accounting watchdog has opened four investigations into audits by King & King of steel and aluminium companies owned by metals tycoon Sanjeev Gupta's GFG Alliance, it said on Wednesday.

Jewellery maker Pandora warned on Wednesday that higher inflation and the Ukraine war posed increased uncertainty for its full-year earnings, despite reporting record first-quarter revenue and raising its sales outlook slightly.

Volkswagen, Europe's top carmaker, on Wednesday stuck to its outlook for the current year after its global production network helped it offset supply chain disruptions caused by the war in Ukraine and the coronavirus pandemic.

Volkswagen, Europe's top carmaker, on Wednesday stuck to its outlook for 2022, shrugging off supply chain disruptions caused by the war in Ukraine and the pandemic by drawing on its global production network.

Stock market investors are heading into the U.S. Federal Reserve's rate-setting announcement particularly pessimistic, with fresh milestones for bond yields and worries about rocketing inflation weighing on sentiment as the central bank is expected to hike rates further.

EU eyes Russian oil import ban amid new bid to evacuate Mariupol

Norway's Equinor reported a record quarterly pretax profit on Wednesday, as the war in Ukraine triggered an energy supply crunch that sent natural gas prices soaring to all-time highs.

Equinor reported record earnings on Wednesday, as the war in Ukraine triggered an energy supply crunch that sent gas prices soaring to all-time highs.

The world's largest independent oil trader, Vitol, loaded a cargo of Russian ESPO Blend crude for the United Arab Emirates this week, the first such voyage for the grade, data from several analytics firms showed.

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Two blocs of Central American and Caribbean countries condemned Russia's attack on Ukraine and warned about the impact of the conflict on the region Tuesday, following meetings between diplomats and a high-ranking European Union representative.

The European Union is expected to outline oil sanctions against Russia on Wednesday as its forces pounded targets in eastern Ukraine, unleashing rockets on a steel plant that is the last redoubt of resistance in the port city of Mariupol.

A convoy of buses attempted to evacuate more civilians from the devastated port city of Mariupol on Wednesday as Russian forces pounded targets across eastern Ukraine and tried to advance westwards against heavy Ukrainian resistance.

The EU proposed its toughest sanctions yet against Russia on Wednesday, including a phased oil embargo, as Ukraine came under further heavy Russian bombardment and nervously monitored large-scale army drills in neighbouring Belarus, a close Moscow ally.

The European Union proposed its toughest sanctions yet against Russia on Wednesday, including a phased oil embargo, as Kyiv said Moscow was intensifying an offensive in eastern Ukraine and close Russian ally Belarus announced large-scale army drills.

The European Union proposed its toughest sanctions yet against Russia on Wednesday, including a phased oil embargo, as Kyiv said Moscow was intensifying an offensive in eastern Ukraine and close Russian ally Belarus announced large-scale army drills.

The European Union proposed its toughest sanctions yet against Russia on Wednesday, including a phased oil embargo, as Moscow pressed an offensive in eastern Ukraine and close Russian ally Belarus announced large-scale army drills.

Russian forces battled on Wednesday for control of the last stronghold in Ukraine's besieged city of Mariupol, Ukrainian officials said, and the European Union proposed tough new sanctions against Moscow including a phased oil embargo.

North Korea has fired a ballistic missile toward the sea off its east coast on Wednesday, South Korea's military said

North Korea fired a ballistic missile toward the sea off its east coast on Wednesday, South Korea and Japan said, about a week after Pyongyang vowed to develop its nuclear forces "at the fastest possible speed".