Europe’s economy has grown more strongly in the first three months of the year only to see hopes for an ongoing recovery quickly squelched by U.S.

UBS, Barclays, Deutsche Bank, and HSBC all reported pre-tax profits above analyst estimates in their first quarters amid market turbulence.

A widespread power outage hit Spain and Portugal, affecting millions of people who live across Europe's Iberian Peninsula.

Spain’s power supply is almost fully restored after one of Europe’s most severe blackouts.

The cause of Spain and Portugal's widespread blackouts remained a mystery on Tuesday, with some isolated disruption remaining after power was largely restored. One of Europe’s most severe blackouts grounded flights,