European Union Issues Warning to Musk, Trump Ahead of Historic X Interview
Things are getting heated in the tech world! Thierry Breton, a top official from the European Commission, just sent a pretty intense letter to Elon … Read more
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Silver Spring Resident Hits $30K Mega Millions Prize, Eyes European Cruise
SILVER SPRING, MD — John Doe of Silver Spring, a dedicated Maryland Lottery player since its inception, recently won a $30,000 Mega Millions prize. The … Read more
European court ruling puts cautious Swiss in climate bind
By Gabrielle Tétrault-Farber and Dave Graham GENEVA/ZURICH (Reuters) – Switzerland for all its snow-capped mountains and crisp Alpine air has failed to protect its people … Read more
European Union, UN criticise new Hong Kong security law
HONG KONG (Reuters) – The European Union and the United Nations said Hong Kong’s new national security bill was deeply worrying and could erode fundamental … Read more
Defense Official Says European Ammo Production Is Leaving America In The Dust. That’s Nonsense, Experts Say
Defense Official Says European Ammo Production Is Leaving America In The Dust. That’s Nonsense, Experts Say Micaela Burrow on March 6, 2024 A European defense … Read more
European Commission outlines upcoming defence strategy proposal
By Julia Payne MUNICH (Reuters) -The European Commission will present a defence industrial strategy proposal in three weeks, commission president Ursula von der Leyen said … Read more
Talk of European nuclear deterrent ‘not helpful’, says NATO’s Stoltenberg
MUNICH (Reuters) – Talk of a potential European nuclear deterrent that would not involve the United States is “not helpful”, NATO Secretary General Jens Stoltenberg … Read more
US, Arab, European ministers meet in Munich to outline post-Gaza ideas
By Humeyra Pamuk and John Irish MUNICH (Reuters) – Senior U.S., Arab and European officials met in Munich on Friday to discus progress on formulating … Read more
Whirlpool says Red Sea crisis will start to impact its European business
(Reuters) – Whirlpool Corp said on Tuesday its European business would start feeling the impact of the Red Sea crisis, as vessels sailing through one … Read more
European banks’ strong run faces major test with earnings
By Tom Sims, Jesús Aguado and Valentina Za FRANKFURT/MADRID/MILAN (Reuters) – European banks’ run of soaring profits and record shareholder payouts faces a big test … Read more
Czech Senate fails to ratify European treaty on violence against women
PRAGUE (Reuters) – Lawmakers in the Czech Republic’s upper house Senate narrowly voted against ratifying a decade-old international treaty aimed at preventing and combating violence … Read more
Unilever’s US, European market share slips as private label booms
By Richa Naidu LONDON (Reuters) – Unilever, the maker of Dove soap and Ben & Jerry’s ice cream, struggled to defend fourth-quarter grocery store market … Read more
Ecuador president seeks US, European debt support amid war on gangs
QUITO (Reuters) – Ecuador’s president on Monday said he is seeking financial support from the U.S. and Europe, as well extending output from an oil … Read more
Nearly half of European investors seek to cut property exposure, survey finds
LONDON (Reuters) – Nearly half of investors in Europe plan to cut their real estate allocations, according to a survey by trade body INREV, as … Read more
Lithuania broke human rights laws in case tied to CIA detention program, European court rules
WASHINGTON (Reuters) – Lithuania broke European human rights laws by allowing the CIA to subject an alleged 9/11 suspect to “inhuman treatment” in a secret … Read more
Retailer Douglas plans Q1 listing in new test for European IPOs – sources
By Matthias Inverardi and Pablo Mayo Cerqueiro DUSSELDORF/LONDON (Reuters) – German perfume retailer Douglas is considering going public in the first quarter of the year, … Read more
Aborted test and missing parts add to European space woes
By Tim Hepher PARIS (Reuters) – The final flight of Italy’s Vega rocket has been delayed after crucial parts went missing, while the latest test … Read more
Stellantis reviews rollout of European dealer rejig amid IT complexity
MILAN (Reuters) – Stellantis is reviewing the timing and structure of a planned reorganisation of its European dealers’ network after a four-country pilot programme revealed … Read more
Calvino picked to lead European Investment Bank, in boost for Spain
BRUSSELS/MADRID (Reuters) -EU finance ministers on Friday picked Spanish Deputy Prime Minister Nadia Calvino to become the next head of the European Investment Bank in … Read more
Spain grants $3.5 billion in loans to boost European fighter jets
MADRID (Reuters) – The Spanish government has approved two loans totalling 3.15 billion euros ($3.46 billion) to a consortium developing fighter jets within the international … Read more
Lancia to reveal new Ypsilon small car in February in European comeback plan
MILAN (Reuters) – Lancia said on Monday it would reveal its new Ypsilon small car in February, the first of three new premium models promised … Read more
European shares set to rise in 2024 as central banks turn dovish, recession worries weigh- Reuters poll
By Samuel Indyk and Danilo Masoni LONDON (Reuters) – European equity markets are forecast to eke out a modest rise in 2024, a Reuters poll … Read more
Leonardo focuses on European alliances as it trims DRS stake in US
By Giulia Segreti and Alvise Armellini ROME (Reuters) – Italy’s Leonardo is trimming its stake in U.S. unit DRS as new CEO Roberto Cingolani looks … Read more
‘True European’: Former top Czech diplomat Schwarzenberg dies
PRAGUE (Reuters) – Former Czech Foreign Minister Karel Schwarzenberg, one of the leading figures in the country’s post-Communist era, has died, officials said on Sunday. … Read more
Explainer-Why are European telecom firms selling assets?
By Supantha Mukherjee STOCKHOLM (Reuters) – Vodafone’s bid on Tuesday to sell its Spanish business is the latest move by European telecom firms trying to … Read more
JPMorgan strategists advise opening a short in European banks, upgrade healthcare
LONDON (Reuters) – Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from ‘neutral’ to ‘underweight’, they said … Read more
Amazon Web Services to launch European sovereign cloud
STOCKHOLM (Reuters) – Amazon Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated … Read more
US, European bellwethers best expectations, boost investor confidence
By David Gaffen (Reuters) – A broad swath of global industrial and consumer bellwethers reported stronger-than-expected earnings in their most recent quarter, as resilient spending … Read more
European investment bank to offer Morocco $1 billion euro loan
MARRAKECH (Reuters) – The European Investment Bank said on Wednesday it will lend Morocco 1 billion euros ($1.06 billion) over the next three years to … Read more
European companies confront IPO risks as Renk cancels float
By Emma-Victoria Farr and Pablo Mayo Cerqueiro FRANKFURT/LONDON (Reuters) -Buoyed by positive investor feedback and growing optimism around new stocks, German gearbox supplier Renk was … Read more
European shares end worst quarter in a year with minor gain
By Bansari Mayur Kamdar and Shubham Batra (Reuters) -European shares rose on Friday after a drop in euro zone inflation in September cemented hopes the … Read more
European shares fall for fifth day as real estate stocks tumble
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fifth day in a row on Wednesday, with real estate stocks hammered … Read more
Borrowing pressures to push European default rates to 3.75%-5.5% – S&P Global
By Marc Jones LONDON (Reuters) -Higher interest rates and a near stalling of Europe’s economy will put pressure on the credit ratings of the region’s … Read more
Higher yields weigh on European shares, luxury stocks enter bear market territory
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks pressured … Read more
Traffic at Spain’s Aena airports outperforms European peers
(Reuters) – Passenger traffic at Spain’s Aena airports exceeded pre-pandemic levels for an eighth consecutive month in August, while traffic in other European terminals still … Read more
European Commission cuts growth forecast for Germany in 2023
BERLIN (Reuters) – The German economy is expected to contract in 2023, the European Commision said on Monday, cutting its forecasts for the euro zone’s … Read more
European private loan market falters as corporate credit stress mounts
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – Direct lending, a key but expensive source of credit for riskier European firms that banks often … Read more
Xpeng says it plans to expand into more European markets next year
MUNICH (Reuters) – Chinese electric vehicle maker Xpeng plans to expand into more European markets, including Germany, Britain and France in 2024, president Brian Gu … Read more
European car sales rise 15% in July, EVs up nearly 61%
LONDON (Reuters) – European new car registrations jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply … Read more
Most European banks’ deposits hit as savers hunt for deals -S&P
By Iain Withers LONDON (Reuters) – A majority of large European banks reported a fall in deposits over the year to June 2023 as customers … Read more
Bounce in European property stocks: false start or turning point?
By Danilo Masoni MILAN (Reuters) – It’s hard to be bullish about real estate in an environment of sharply higher interest rates. Yet unloved property … Read more
Cheap European shares to struggle before testing record high in 2024 – Reuters poll
By Samuel Indyk LONDON (Reuters) – A slowdown in global growth is likely to offset an attractively valued European equity market for the rest of … Read more
Analysis-Bulging warehouses mean lean times for longer for US, European companies
By Siddharth Cavale and Josephine Mason NEW YORK/LONDON (Reuters) – Lean times faced by many U.S. and European companies may last longer than expected as … Read more
European battery maker ACC in ‘exploratory’ talks about North America battery plant
By Divya Rajagopal and Gilles Guillaume TORONTO/PARIS (Reuters) – Automotive Cells Co (ACC) is in early talks with officials in Canada and the United States … Read more
European credit hedge funds top investor most-wanted list- Barclays
By Nell Mackenzie LONDON (Reuters) – European credit hedge funds topped a most-wanted list of global hedge fund strategies in the second half of this … Read more
European banks flag bad loan risks as global economy falters
By Iain Withers, Valentina Za and Jesús Aguado LONDON/MILAN/MADRID (Reuters) – Europe’s major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to … Read more
European Union agrees post-Brexit rules for hedge funds
By Nell Mackenzie LONDON (Reuters) – The European Union said on Thursday it has reached a deal on revising its rules for managers of hedge … Read more
Tesla wants to double the size of its European assembly plant- NYT
(Reuters) – Tesla Inc wants to double the production capacity of its assembly plant outside Berlin to one million electric vehicles a year, in a … Read more
European sovereign bond funds pull in record $15 billion in second quarter
By Harry Robertson LONDON (Reuters) – Global investors poured a record amount of money into European sovereign bond funds in the second quarter of the … Read more
European assets jump after U.S. inflation slows
MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is nearing the … Read more