March 2, 2022
Via: Sky NewsAnother 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 […]
January 31, 2022
Via: Sky NewsThe 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 […]
January 14, 2022
Via: ABC NewsThe 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 […]
November 23, 2021
Via: Markets InsiderEuropean 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 […]
November 15, 2021
Via: Investing.comEuropean 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 […]
October 22, 2021
Via: ABC NewsShares 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 […]
October 4, 2021
Via: Markets InsiderEuropean 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 […]
September 22, 2021
Via: DailyFXGBP/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 […]
August 31, 2021
Via: ABC NewsConsumer 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 […]
August 30, 2021
Via: Natalie DunnIt 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 […]
February 1, 2021
Via: FortuneRyanair 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 […]
September 21, 2020
Via: Market WatchU.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 […]
August 25, 2020
Via: ABC NewsBERLIN — 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 […]
July 28, 2020
Via: ABC NewsLONDON — 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 […]
April 28, 2020
Via: ABC NewsShares 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 […]
April 23, 2020
Via: FortuneIn 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 […]
April 14, 2020
Via: Market WatchEuropean 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, […]
February 18, 2020
Via: Market WatchEuropean 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 […]
February 6, 2020
Via: Market WatchEuropean 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 […]
January 30, 2020
Via: Market WatchEuropean 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 […]