Rumble CEO Flees Europe as Free Speech Under Attack in U.S. and Globally
When Tim Walz, a candidate for U.S. Vice President says American’s don’t have the right to free speech, you know the world is in a bad place. Especially as the U.K. is…
Marketmind: Euro(pe) is on a roll
A look at the day ahead in European and global markets from Tom Westbrook The euro emerged as the clearest winner of slowing U.S. inflation and a watchful Fed. The common currency…
Europe cannot turn its back on China, Spanish minister says
MADRID (Reuters) – Europe cannot ignore China’s role as a key trading partner and important geopolitical player that could help put an end to the war in Ukraine, or provide debt relief…
US Says It Killed Islamic State Leader Responsible For Planning Attacks Across Europe
US Says It Killed Islamic State Leader Responsible For Planning Attacks Across Europe Micaela Burrow on April 4, 2023 The U.S. killed a senior Islamic State (ISIS) leader responsible for planning terrorist…
Factbox-How U.S. electric vehicle subsidy rules impact Europe
BRUSSELS (Reuters) – The U.S. Treasury Department is expected to give guidance on Friday on tax breaks for consumers buying electric vehicles and Europe’s auto sector and policymakers will be closely watching…
Analysis-Rate rises pile pain on SME firms in U.S. and Europe
By Chiara Elisei LONDON (Reuters) – U.S. and European small and medium-sized (SME) firms may be next to feel the pain of rapid interest rate rises, with analysts and investors warily watching…
Marketmind: Bank angst persists, unnerves Europe
A look at the day ahead in U.S. and global markets from Mike Dolan After a week of sweeping interest rate rises into a simmering bank crisis, market anxiety about the state…
Marketmind: Europe, US reverse bank jitter sell-offs: will Asia follow?
By Stephen Culp (Reuters) – A look at the day ahead in Asian markets from Stephen Culp. Global market skittishness over whether contagion is afoot within the banking sector appears to be…
U.S. oil exports to Europe hit record in March on steep discounts
By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts to the…
Top U.S. State Dept diplomat for Europe to step down to focus on family
By Humeyra Pamuk WASHINGTON (Reuters) – The top U.S. diplomat to Europe Karen Donfried will step down to focus on her family, a State Department spokesperson said on Monday, leaving an important…
Europe Fires First Shot In ‘Green’ Trade War Against The Biden Admin
Europe Fires First Shot In ‘Green’ Trade War Against The Biden Admin John Hugh DeMastri on March 16, 2023 The European Commission proposed legislation Thursday designed to enhance the European Union’s (EU)…
Volvo Buses to restructure in Europe, hitting 1,600 jobs
OSLO (Reuters) – Volvo Group will restructure its European bus-making operation in a bid to restore it to profitability, divesting from a Polish plant and axing 1,600 jobs, the Swedish company said…
Analysis-German coalition bickering stalls policy at home and in Europe
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – Germany’s first three-way coalition in decades was forged in crisis last year when unity was paramount. Now as it takes on major structural…
Qualcomm looks to Europe court again to overturn antitrust fine
By Foo Yun Chee LUXEMBOURG (Reuters) – U.S. chipmaker Qualcomm returned to Europe’s second-top court on Monday seeking to overturn a 242-million-euro ($258.4 million) EU antitrust fine, a year after it convinced…
Bank of America names senior Europe TMT bankers in reshuffle – memo
By Amy-Jo Crowley LONDON (Reuters) – Bank of America has made a handful of senior appointments within its investment banking team advising European technology, media and telecom (TMT) companies, an internal memo…
Hedge funds’ Europe stock buying spree unlikely to be maintained -JP Morgan
By Nell Mackenzie LONDON (Reuters) – Hedge funds’ bullish equity positioning in Europe is in line with some of the highest levels of the past five years but the appetite for stocks…
Europe will lose out on medical innovation if draft EU reforms pass, Novo Nordisk CEO says
By Maggie Fick LONDON (Reuters) – Europe will lose out to countries like the U.S. and Japan on new medical research, trials and treatments unless draft rules reforming the European pharmaceutical landscape…
Genetics study lays bare Ice Age drama for humans in Europe
By Will Dunham (Reuters) – Europe was no balmy paradise during the Ice Age, with the vast glaciers that blanketed large parts of the continent rendering wide swathes inhospitable for humans. But…
Audi will not cut EV prices to follow Tesla’s lead – Audi Europe chief
BERLIN (Reuters) – Audi has no plans to cut prices for its electric vehicles, German industry magazine Automobilwoche cited Audi Europe chief Jens Puttfarcken as saying, despite a similar move by market…
German trade with Central and Eastern Europe at record high – business group
BERLIN (Reuters) – German trade with Central and Eastern Europe climbed to a new high of 562 billion euros ($597.52 billion) in 2022 despite a drastic decline in German exports to Russia,…
Europe Follows California’s Lead On Gas Car Sales Ban
Europe Follows California’s Lead On Gas Car Sales Ban John Hugh DeMastri on February 14, 2023 The European Parliament approved legislation Tuesday that will ban the sale of new gas-powered cars in…
Major Automaker Slashes Thousands Of Jobs In Europe As It Pivots To Electric Cars
Major Automaker Slashes Thousands Of Jobs In Europe As It Pivots To Electric Cars John Hugh DeMastri on February 14, 2023 Ford will cut 3,800 jobs in Europe as the company restructures to…
Moscow’s decades-old gas ties with Europe lie in ruins
By Vladimir Soldatkin NOVY URENGOY, Russia (Reuters) – Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow’s gas trade with Europe is unlikely to recover from the ravages…
Ryanair boss says Europe entering ‘inevitable’ airline consolidation period
By Catarina Demony and Miguel Pereira LISBON (Reuters) – Europe was entering an “inevitable” post-pandemic period of airline consolidation as legacy flag-carriers struggle to navigate through a competitive landscape, the chief executive…
U.S. President Biden may visit Central Europe in February, Polish president says
WARSAW (Reuters) – Polish President Andrzej Duda said U.S. President Joe Biden will probably visit Central Europe in February but added he did not know which countries of the region he would…
Germany’s Thyssenkrupp says Europe must match U.S. climate package
FRANKFURT (Reuters) – German conglomerate Thyssenkrupp on Monday joined peers in saying that European industry was under threat should the continent fail to come up with a scheme similar to the U.S.…
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