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WASHINGTON (Reuters) -- Federal Reserve Chair Jerome Powell said on Wednesday recent high inflation readings had not changed the underlying "story" of slowly easing price pressures in the U.S., but added that recent data also had not bolstered the central bank's confidence that the inflation battle has been won.
Irish Prime Minister Leo Varadkar on Wednesday announced he will step down as soon as his Fine Gael party names a new leader.
This was CNBC's live blog covering European markets.
WASHINGTON (Reuters) -- The Biden administration is unveiling final rules on Wednesday that make it easier for automakers to continue selling gas-powered models and slows the projected transition to electric vehicles through 2030.
NEW YORK -- PDD Holdings stock climbed 2% in early trading here Wednesday after the Chinese e-commerce giant reported better-than-expected earnings in the fourth quarter amid overseas expansion.
WASHINGTON/TAIPEI -- Intel will receive up to $8.5 billion in grants and $11 billion in loans from the U.S. government to produce cutting-edge semiconductors in the biggest deployment of funds under the CHIPS and Science Act.
TAIPEI (Reuters) -- Taiwan's foreign minister said on Wednesday that China has built "enormous" military bases on three islands surrounding Taiwan's main holding in the South China Sea, but Taipei is not looking to further escalate tensions in the strategic waterway.
HONG KONG -- China's Geely Automobile Holdings on Wednesday reported solid results for 2023, shrugging off the fierce price competition in the world's largest auto market.