Analysis-Outlook for European banks left clouded as storm abates
By Joice Alves and Naomi Rovnick LONDON (Reuters) – European banking stocks were meant to shine in 2023. But after a two-week storm which had analysts and investors rushing to…
By Joice Alves and Naomi Rovnick LONDON (Reuters) – European banking stocks were meant to shine in 2023. But after a two-week storm which had analysts and investors rushing to…
GENEVA (Reuters) – A case involving thousands of retired Swiss women is being heard at a European Court in France, the culmination of a six-year legal battle in which they…
Biden Admin Won’t Offer EV Tax Breaks To European Firms…Yet: REPORT John Hugh DeMastri on March 27, 2023 The Treasury Department will not offer tax breaks to European firms under…
LONDON (Reuters) – The cost of insuring against the likelihood of default by European banks rose sharply on Friday, as concern about the outlook for the sector continued to grip…
LONDON (Reuters) – Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying a lack of clarity on Credit Suisse’s future path would…
‘Utter Incompetence’: European Officials Accuse US Of Ripping Up Banking Rules With SVB Bailout Nino Cambria on March 16, 2023 European officials are enraged at the U.S. for their decision…
PARIS (Reuters) – The European Central Bank’s decision to raise interest rates by half a point on Thursday reflects the central bank’s priority of fighting inflation and also signals strong…
PANAMA CITY (Reuters) – Panama’s risk of contagion from banking woes in the United States and Europe is “very limited”, an official with banking regulator SBP said on Thursday, adding…
LONDON (Reuters) – The cost of insuring exposure to European junk bonds hit its highest in three months on Wednesday, as shares in banking stocks plummeted following a 20% drop…
BERLIN (Reuters) – European banks are not completely in the clear after the collapse of Silicon Valley Bank and Signature Bank even though they do not face a systemic risk,…
STOCKHOLM (Reuters) – European states increased their imports of major weaponry by 47% in the five years to 2022, while the United States’ share of global arms exports rose to…
LONDON (Reuters) – European banking stocks headed for their largest one-day fall in nine months on Friday, a day after a sharp sell-off in U.S. banks. Europe’s STOXX banking index…
By Bartosz Dabrowski, Andrey Sychev and Tristan Chabba (Reuters) – European chemical producers painted a bleak picture of their prospects for 2023 on Thursday, citing the continuing fallout from Russia’s…
By Huw Jones LONDON, Mar 2 (Reuters) – Banks and asset managers have set up a new task-force to study whether Europe should keep up with Wall Street by halving…
By Chiara Elisei LONDON (Reuters) – European high yield corporate debt is increasingly vulnerable as the global economy slows, suggesting a higher risk of defaults, Deutshe Bank said in a…
(Reuters) -Luxury eyewear maker EssilorLuxottica on Thursday reported a rise in fourth-quarter revenues, citing sound growth amid a challenging environment, but its performance in China declined because of COVID-19 restrictions.…
By Lucy Raitano and Samuel Indyk London (Reuters) – Potential downward earnings revisions and uncertainty over the outlook for monetary policy are leading analysts and strategists to take a cautious…
By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in Europe to develop autonomous vehicle technologies as part…
PARIS (Reuters) -The European Court of Human Rights on Tuesday ruled in favour of a former employee of accounting firm PwC, saying his 2016 conviction for leaking data about Luxembourg’s…
By Allison Lampert (Reuters) – Aerospace companies are pushing U.S. regulators to simplify domestic rulemaking, after delays led the country’s aircraft engine makers to a European agency to meet a…
By James Pearson and Raphael Satter LONDON/WASHINGTON (Reuters) -A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United States and Central Europe,…
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares eked out slim gains on Tuesday, helped by some upbeat earnings reports though investors grew increasingly jittery about interest rates…
BERLIN (Reuters) – Germany will act as a drag on growth in Europe until at least 2030, as it faces pressure to address a declining workforce and sluggish investment, according…
By Niklas Pollard STOCKHOLM (Reuters) -Swedish steelmaker SSAB expects to increase shipments in a more stable market in the first quarter, it said on Friday as it reported earnings in…
BERLIN (Reuters) – Germany is well positioned in education levels when compared with its European peers, but a study conducted by the IW economic institute showed that this privileged position…