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Tag: Europe


Energy, Industries

Weaning Europe off Russian energy will highlight cost of Ukraine invasion at home

March 2, 2022

Via: Sky News

Another is the changes it is bringing about in the energy policies of many European countries. Chief among them is Germany – which has indicated it may extend the lives of its nuclear power plants and keep coal-fired power plants […]


Enterprise, Industries

Vodafone shares rise on report of stake acquired by activist Cevian

January 31, 2022

Via: Sky News

The London-listed stock was 4% ahead in early trading after Cevian Capital was said to have acquired an undisclosed chunk of the company to encourage it to lead a consolidation drive in Europe. That would be welcomed by analysts and […]


News

Omicron leaves Germany on brink of recession as growth dips

January 14, 2022

Via: ABC News

The risk of recession is looming for Germany after Europe’s biggest economy shrank at the end of 2021 and as it faces a bumpy start to this year, with the rapid spread of COVID-19’s omicron variant deterring people from shopping […]


Finance Tech, Trading

European Shares Seen Lower Amid Rate-hike Uncertainty

November 23, 2021

Via: Markets Insider

European stocks are likely to open lower on Tuesday as inflation and rate-hike concerns dominate headlines. Doubts about whether the Bank of England will raise interest rates in December and concerns over the spread of Covid-19 in Europe may also […]


Finance Tech, Trading

European stocks clock fresh record highs; miners slide

November 15, 2021

Via: Investing.com

European shares hit another record peak on Monday after comments from European Central Bank Chief Christine Lagarde helped beat back bets of tighter monetary policy, while a fall in miners kept gains at bay. ECB President Lagarde said the current […]


Finance Tech, Trading

Global shares mostly higher after S&P 500 hits new record

October 22, 2021

Via: ABC News

Shares were mostly higher in Europe on Friday after a mixed session in Asia. Benchmarks rose in Paris, London, Tokyo and Hong Kong. Shares fell in Shanghai and Seoul. An official newspaper, the Securities Times, and other state media said […]


Finance Tech, Trading

European Stocks Close Weak As Inflation Worries, Evergrande’s Debt Woes Weigh

October 4, 2021

Via: Markets Insider

European stocks ended weak on Monday with investors largely staying cautious, fretting over risk to growth from rising inflation and China Evergrande’s financial troubles. Market participants closely watched beleaguered developer China Evergrande, whose shares were suspended in Hong Kong ahead […]


Finance Tech, Liquidity

British Pound (GBP) Price Outlook: GBP/USD Stabilizing on Evergrande Relief

September 22, 2021

Via: DailyFX

GBP/USD is steadier in early European business Wednesday on relief that China’s indebted property developer Evergrande has reached agreement on some interest payments and the People’s Bank of China has injected more money into the country’s banking system. The news […]


News

Europe sees higher inflation on fleeting factors like oil

August 31, 2021

Via: ABC News

Consumer prices spiked higher than expected in Europe in August, boosted in large part by more expensive fuel. Economists say the jump is temporary, but it could raise questions about how persistent higher inflation might turn out to be. The […]


Editorial

How Will the Delta Variant Impact the Economy?

August 30, 2021

Via: Natalie Dunn

It comes as no surprise that the COVID-19 pandemic is still reshaping economies around the world, especially with new variants of the virus emerging. Global shares have already seen a drop as investors are increasingly more concerned about a surge […]


Industries, Others

Ryanair is ‘essentially’ writing off its business until Europe can improve its COVID vaccine rollout

February 1, 2021

Via: Fortune

Ryanair Holdings Plc. is counting on a rapid rollout of coronavirus vaccines to deliver a late-summer travel surge and help the low-cost carrier recover from an annual loss that could reach 950 million euros ($1.1 billion). While Easter is “essentially […]


Finance Tech, Liquidity

Treasury yields slide amid fear of new COVID-19 restrictions in Europe

September 21, 2020

Via: Market Watch

U.S. Treasury yields fell early Monday as a global stock-market selloff bolstered demand for haven assets such as government bonds, amid renewed worries over the spread of COVID-19. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, 0.656% fell […]


News

Germany economy’s 2nd-quarter decline revised to below 10%

August 25, 2020

Via: ABC News

BERLIN — The German economy, Europe’s biggest, shrank slightly less in the second quarter than originally estimated, the official statistics agency said Tuesday — though the 9.7% drop was still easily the worst on record. The Federal Statistical Office revised […]


Industries, Others

‘Second wave’ virus fears strike blow to tourism industry

July 28, 2020

Via: ABC News

LONDON — Concerns over a “second wave” of coronavirus infections brought on by returning vacationers are wreaking havoc across Europe’s tourism industry, particularly in Spain, following Britain’s effective ban on travel to the country. In a move that reflects the […]


Finance Tech, Trading

European shares gain as economies inch toward reopening

April 28, 2020

Via: ABC News

Shares opened higher in Europe on Tuesday after a mixed session in Asia as governments inch toward letting businesses reopen and central banks step in with still more support for ailing economies. Oil prices extended losses. France’s CAC 40 gained […]


News

Out of work, but not unemployed: how much Europe is paying its idled workers

April 23, 2020

Via: Fortune

In Germany, they call it “Kurzarbeit.” In France, it’s “Chômage partiel.” The Brits refer to the acronym, CJRS—short for “Coronavirus Job Retention Scheme.” Together, these policy names form the backbone of Europe’s plan to keep unemployment here from spiking à […]


Finance Tech, Trading

European stocks advance as new virus cases appear to have peaked

April 14, 2020

Via: Market Watch

European stocks traded higher in early action on Tuesday, getting a lift on optimism the world economy is slowly reopening with coronavirus spreading at a decreasing rate. The Stoxx Europe 600 SXXP, +0.57%, which shot up over 7% last week, […]


Finance Tech, Trading

European chip stocks tumble on Apple warning, while HSBC slumps on profit slide

February 18, 2020

Via: Market Watch

European stocks came under pressure on Tuesday, with chip makers heading south after Apple warned it will miss its quarterly revenue target due to coronavirus fallout, while shares of HSBC slid as it announced a profit slump and suspension of […]


Finance Tech, Trading

European stocks extend rally on thawing U.S.-China signs

February 6, 2020

Via: Market Watch

European stocks extended a rally on Thursday, getting a further boost as a sign of warming U.S.-China trade relations stoked optimism, even as a virus continues to curb the world’s number-two economy. After the largest three-day percentage gain since early […]


Finance Tech, Trading

European stocks fall with earnings news overshadowed by coronavirus worries

January 30, 2020

Via: Market Watch

European stocks were tracking heavy losses in Asian markets on Thursday, as the coronavirus death toll and number of infected climbed and concerns grew over how the fallout could dent the Chinese economy. Virus worries overshadowed a scattering of positive […]