Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output.

Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate cuts. The euro held at $1.04, while bond yields fell. The ECB-Fed policy gap widens as Powell signals "no rush" for rate cuts.

Coca-Cola has recalled some of its soft drinks in Europe after higher-than-normal levels of a chemical called chlorate were detected in bottles and cans at a Belgian production plant.

Coca-Cola issues recall of drinks in Europe over safety concernsVarious/Lumen 5

Following a recall of Coca-Cola drinks across Europe, Britons have been alerted as beverages are pulled from shelves. Elevated levels of chlorate were identified in a small number of Coca-Cola products imported to Great Britain.

Feb nat-gas prices Wednesday rebounded from a 1-month low and settled moderately higher. Short covering emerged in nat-gas futures Wednesday after European gas prices soared to a 15-month high. Nat-gas prices Wednesday initially fell to a 1-month low on the outlook for