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Britons begin cancelling travel plans as Europe burns in Cerberus heatwave

A sweltering heatwave could bring potentially the hottest temperatures ever recorded in Europe to the region this week as holidaymakers move to change their plans in a bid to beat the heat. ....

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Charon hits mainland Italy: 'Heat storm' red alert issued in 16 cities across Italy

Italy has issued red weather warnings for 16 cities due to Charon anticylone. Meteorologists warned that temperatures will hit record highs across southern Europe in the coming days. ....

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Tourists swelter in Italy as record temperatures soar towards 48C as people flee wildfires in Spain

Italy is facing temperatures of historic highs this weekend with the health ministry issuing a red alert for 16 cities including Rome, Bologna and Florence. ....

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EUR/USD, GBP/USD Forecast: Two Trades to Watch

EUR/USD is holding steady after side gains across the week. The euro is being supported by hawkish ECB chatter and expectations of further rate hikes. Meanwhile the US dollar is being held back by bets that the Fed may not hike at the May meeting. ....

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World Stocks Skid as Consumer Data Flashes Recession Worry

LONDON Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing . ....

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