European new car sales drop tenth month in a row in April – ACEA
BERLIN – The number of new cars sold in Europe declined for the 10th month in a row as supply chain issues continue to take a heavy toll on car…
BERLIN – The number of new cars sold in Europe declined for the 10th month in a row as supply chain issues continue to take a heavy toll on car…
MLADA BOLESLAV, Czech Republic – Czech carmaker Skoda, owned by Germany’s Volkswagen, is confident that its parent will take a decision on its fourth large battery factory in Europe by…
By Pamela Barbaglia and Yoruk Bahceli LONDON – European dealmakers are struggling to finance corporate takeovers as concern that the region’s economies may dip into recession is prompting debt investors…
By Sruthi Shankar (Reuters) -European stocks slumped on Thursday, with most cyclical parts of the market coming back down, a day after U.S. inflation data fuelled worries about the impact…
By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European stocks locked in gains for a second straight session on Wednesday as strong earnings and a surge in economically sensitive sectors boosted…
By Dhara Ranasinghe LONDON – The rise in European bond yields is alarming some economists, who warn that Italy and Greece in particular do not have much wiggle room before…
LONDON – European banks counted the rising cost of war in Ukraine on Thursday as France’s Societe Generale, Credit Agricole and Italy’s UniCredit upped provisions for the conflict without shattering…
BERLIN – The European arm of Sberbank, Russia’s biggest lender, is to be wound down by the end of the year and creditors will be paid back, Austria’s national bank,…
By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European stocks rose on Tuesday after a string of upbeat earnings, while banking shares gained as government bond yields hit fresh highs…
By Federica Urso (Reuters) – Sales of Green, Social and Sustainability (GSS) bonds in Europe could total 1.6 trillion euros ($1.68 trillion) by 2026, making up almost half of all…
NEW YORK – Citigroup Inc acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early in the day. “This morning…
By Nick Carey (Reuters) – Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, so Europe should secure more…
NEW YORK – The brief crash in Nordic markets on Monday was due to a single sell order placed by Citigroup, according to two sources familiar with the matter. The…
(Reuters) – Some European traders have started to pay Russia for gas sales in roubles, while large clients have yet to do so, two sources familiar with the matter told…
Damian Williams, the United States Attorney for the Southern District of New York, Matthew G. Olsen, the Assistant Attorney General for National Security, and Michael J. Driscoll, the Assistant Director-in-Charge…
LONDON – European equity funds suffered a tenth straight week of outflows at $2.9 bln, with financials leading the losses, a BofA report citing EPFR data on Friday showed. According…
By Joice Alves and Danilo Masoni LONDON – European companies are forecast to have coped with record inflation in the first quarter, but the big question for investors during the…
By Kate Abnett BRUSSELS -The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy by 2030, instead of its…
BERLIN – New car registrations in Europe dropped for the ninth month in a row in March as supply chain problems hampered even further by the war in Ukraine continued…
By Eric Onstad LONDON – German auto parts supplier Schaeffler has signed a raw materials deal to ensure the supply of rare earth magnets from Europe for its burgeoning electric…
(Reuters) – The Ukrainian port city of Mariupol could fall to Russian forces within days, a European official said on Tuesday, saying it may suffer more than the town of…
WASHINGTON – The United States would not be concerned that an expansion of a defense alliance would do anything other than promote stability in Europe, State Department spokesman Ned Price…
(Reuters) – European shares retreated for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season dampened risk appetite. The pan-European…
FRANKFURT – Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions, German regulator BaFin said on Sunday. The European Union…
(Reuters) – European equity funds attracted heavy inflows in the week ended April 6 as the Russia-Ukraine conflict whetted investor appetite for defence and energy stocks, while other regions posted…