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 Montgomery County resident plans to spend his…
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 leader boasted that the European defense industry…
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 on Saturday, and will also open a…
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 said on Saturday. Speaking at the annual…
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 a plan for post-war Gaza that would…
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 of the world’s most important shipping routes…
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 this week when investors assess how fast…
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 against women. The vote late on Wednesday,…
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 share across most of its categories in…
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 block that was voted to be shut…
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 a slide in valuations driven by higher…
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 interrogation center in the Baltic country, the…
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, people familiar with the matter told Reuters,…
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 of Europe’s new Ariane 6 has been…
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 IT glitches, a spokesperson for the automaker…
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 a boost for Spain’s clout within the…
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 Eurofighter programme, the industry ministry said on…
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 by the brand as part of a…
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 found, as optimism that global interest rates…
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 to expand the state-controlled group with major…
‘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. He was 85. Schwarzenberg was born into…
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 strengthen their financial health by divesting assets,…
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 in a note published on Monday. “If…
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 industries. The sovereign cloud will store data…
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 patterns kept profits afloat despite high interest…
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 support the north African country’s reconstruction efforts…
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