For the first time in almost five years, the European Central Bank cut its key interest rate by a quarter percentage point on Thursday, moving from 4.0% to 3.75% in a widely anticipated decision by the bank's governing body.

For the first time in half a decade, the European Central Bank (ECB) has cut interest rates. The Euro area and EU interest rate is now 4.25%.

The European Central Bank cut interest rates Thursday, moving before the US Federal Reserve and the Bank of England to lower borrowing costs as inflation recedes.

A top European Union court ruled that McDonald’s has lost its Big Mac trademark in the 27-nation bloc, ruling in favor of Irish fast food rival Supermac’s in a long-running legal battle.

McDonald's lost a European Union trademark dispute over the Big Mac name after a top European Union court sided Wednesday with Irish fast-food rival Supermac's in a long-running legal battle. The EU General Court said in its judgment that the U.

A top European Union court ruled that McDonald’s has lost its Big Mac trademark in the 27-nation bloc, ruling in favor of Irish fast food rival Supermac’s in a longrunning legal battle