Spain's unemployment rate rose to 10.83% in Q1, above the 9.8% forecast and up from 9.93% in the prior quarter.

Hongqi, the Chinese luxury car brand once used by Mao Zedong, is in talks with Stellantis to build vehicles at a Spanish factory, Reuters exclusively reports.

Chinese luxury automaker Hongqi, known as Mao Zedong's preferred car brand, is in talks with Stellantis to build vehicles at one of its Spanish plants as it expands in Europe.

Austria agrees to €5.1B budget measures, extends bank tax, to end EU finance probe

Austria agrees on €5.1 billion budget measures, including extending a bank tax, to end an EU probe into its finances.

Bank of Japan Governor Ueda says a rate hike is possible if the economy avoids significant downside pressure. The central bank continues to monitor economic conditions for future policy adjustments.

Bank of Japan Governor Kazuo Ueda stated that a rate hike remains possible provided there is no significant downside pressure on the economy.

BOJ Gov Ueda says rate hike possible if no significant economic undershoot.

BOJ Governor Ueda stated that if the economy does not undershoot significantly, there is a possibility of a rate hike.