European stocks tumbled on Thursday, as the boost from the Bank of England's intervention in bond markets began to fade and Sweden's coast guard discovered a fourth gas leak on the damaged Nord Stream pipelines, heightening energy security concerns.The British pound resumed its slide, snapping a two-day gain, as prime minister Liz Truss doubled down on her tax cutting and borrowing plans.In econom...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.