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 …
european
Volkswagen’s Skoda hopes for eastern European gigafactory decision by 2023
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 …
Analysis: European dealmakers face shrinking debt options as recession risk looms
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 …
European stocks fall as rate hike worries seep back in
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 …
European stocks log best session in 6 weeks as cyclicals roar back
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 …
For some European states, rising debt costs rekindle 2011 crisis memories
By Dhara Ranasinghe LONDON – The rise in European bond yields is alarming some economists, who warn that Italy and Greece in particular do not …
European banks weather Ukraine war in Q1 earnings
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 …
European arm of Russia’s Sberbank to be wound down by year-end
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 …
Upbeat earnings, banks lift European shares
By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European stocks rose on Tuesday after a string of upbeat earnings, while banking shares gained as government …
European green, social, sustainable bond sales could reach 1.6 trln euros in 2026 – study
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 …
Citigroup acknowledges trader error in sudden fall of European shares
NEW YORK – Citigroup Inc acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early …
Enough nickel, lithium for 14 million EVs in 2023 – European climate group
By Nick Carey (Reuters) – Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, …
Exclusive-Citi behind trade that caused brief crash in European markets -sources
NEW YORK – The brief crash in Nordic markets on Monday was due to a single sell order placed by Citigroup, according to two sources …
Several European traders have started to pay for Russian gas in roubles – sources
(Reuters) – Some European traders have started to pay Russia for gas sales in roubles, while large clients have yet to do so, two sources …
U.S. Attorney Announces Charges Against Two European Citizens For Conspiring With A U.S. Citizen To Assist North Korea In Evading U.S. Sanctions
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 …
European equity funds hit by 10th straight week of outflows -BofA
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 …
Inflation outlook may cloud resilient European earnings updates
By Joice Alves and Danilo Masoni LONDON – European companies are forecast to have coped with record inflation in the first quarter, but the big …
European Commission analysing higher 45% renewable energy target for 2030
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 …
European car sales dip for ninth consecutive month in March -ACEA
BERLIN – New car registrations in Europe dropped for the ninth month in a row in March as supply chain problems hampered even further by …
EV parts maker Schaeffler signs first of a kind European rare earth deal
By Eric Onstad LONDON – German auto parts supplier Schaeffler has signed a raw materials deal to ensure the supply of rare earth magnets from …
Mariupol may fall within days, European official says
(Reuters) – The Ukrainian port city of Mariupol could fall to Russian forces within days, a European official said on Tuesday, saying it may suffer …
U.S. State Department says defense alliance expansion would promote European stability
WASHINGTON – The United States would not be concerned that an expansion of a defense alliance would do anything other than promote stability in Europe, …
Inflation angst sends European stocks lower for third day
(Reuters) – European shares retreated for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season …
Russian bank VTB no longer has control of European subsidiary -German regulator
FRANKFURT – Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions, German regulator BaFin said …
European equity funds notch big inflows in week to April 6
(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 …
Analysis-Guns and power: Positioning for new era in European stocks
By Joice Alves and Danilo Masoni LONDON – A month of the war in Ukraine briefly erased a year’s worth of gains for European equities …
European credit CDS jumps as Fed-speak spooks markets
(Reuters) – The cost of insuring exposure to corporate bonds surged on Wednesday as stock markets tumbled on worries of aggressive U.S. rate hikes hurting …
Exclusive – Investors warn European companies over climate accounting
By Simon Jessop LONDON – Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP and Volkswagen, …
European shares join global rally as Russia-Ukraine peace talks hint at progress
By Susan Mathew and Anisha Sircar (Reuters) -European shares rallied on Tuesday, taking cues from strength in Asian markets and on Wall Street, as peace …
BlackRock favors U.S., Japanese equities vs European
(Reuters) – BlackRock said on Monday in a market strategy research note that it now favors U.S. and Japanese equities over European stocks due to …
Chinese pork giant WH Group’s 2021 profit lifted by higher US, European sales
BEIJING – Chinese pork processing giant WH Group Ltd on Monday reported a 7.2% rise in annual profit to $1.043 billion driven by higher sales …
European justice agency backs team probing alleged war crimes in Ukraine
BRUSSELS -Eurojust, Europe’s agency for criminal justice cooperation, said on Monday it would support a joint investigation team announced last week to probe allegations of …
European steel prices to extend rally as Ukraine conflict cuts supply
By Eric Onstad LONDON – Surging European steel prices are set to extend their gains as Russia’s invasion of Ukraine has disrupted logistics, spurred sanctions …
Soccer – World Cup woes continue for Italy’s European champions
By Peter Hall – Italy broke English hearts last July as they won the European Championship final but after failing to qualify for the World …
Tesla To Open First European Factory To Ease Pressure On US, China Production
Tesla To Open First European Factory To Ease Pressure On US, China Production Harry Wilmerding on March 22, 2022 Tesla opened its first European manufacturing …
Investors keep out of European stocks, flock to U.S. – BofA
LONDON – Investors pulled money out of European equities for a fifth week in a row and flocked to U.S. equities as the Russian invasion …
European car sales contract further in February – ACEA
BERLIN – New car registrations in Europe deteriorated further in February, after hitting a record low in January, as supply chain disruptions continued to hurt …
European Leaders Will Travel To Kyiv, Meet With Zelenskyy
European Leaders Will Travel To Kyiv, Meet With Zelenskyy Sebastian Hughes on March 15, 2022 The prime ministers of Poland, the Czech Republic and Slovenia …
U.S., European allies intensify economic pressure on Russia
By Steve Holland and Francesco Guarascio WASHINGTON/BRUSSELS – The United States, European Union and other allies on Friday escalated their economic pressure on Russia, moving …
European, trans-Atlantic flight bookings fall after Ukraine invasion – ForwardKeys
By Jamie Freed – Russia’s invasion of Ukraine has stalled a travel recovery for airlines and led to a 23% fall in flight bookings within …
U.S. ban on Russian oil spooks jumpy European stocks
By Sruthi Shankar, Bansari Mayur Kamdar and Susan Mathew -European shares slipped on Tuesday, as the United States banned Russian oil imports, raising volatility and …
War in Ukraine puts pressure on East European banks to prop up sinking currencies
By Gergely Szakacs and Alan Charlish BUDAPEST/WARSAW -Russia’s invasion of Ukraine is putting pressure on central banks along the European Union’s eastern flank to prop …
European chains Metro, SPAR still active in Ukraine, Russia
BERLIN – German wholesaler Metro and Dutch food retailer Spar International BV said on Wednesday they are still operating in Ukraine and Russia, keeping stores …
European gas prices touch new highs as Russia supply fears grow
By Susanna Twidale LONDON – European and British gas prices soared on Wednesday, with a benchmark Dutch gas price hitting a record high as countries said …
Ukrainian president signs formal request to join the European Union
LVIV – Ukrainian President Volodymyr Zelenskiy on Monday said he had signed an official request for Ukraine to join the European Union. Zelenskiy has asked …
Russian’s Aeroflot to cancel all flights to European destinations
– Russian airline Aeroflot said on Sunday it would cancel all flights to European destinations until further notice after the decision by many countries to …
Goldman Sachs sees risks to European stocks from Ukraine crisis
– Goldman Sachs on Friday cut its target for Europe’s major stock index, saying equities in the region are likely to face risks for some …
European defence stocks rise as Russia invades Ukraine
By Danilo Masoni MILAN – European defence stocks were among the rare gainers in a falling market on Thursday on bets of bigger spending after …
European Union car sales in January lowest on record -ACEA
BERLIN – New car registrations in the European Union reached a historic low of 682,596 units in January as semiconductor shortages continued to hurt car …
European shares rebound as risk assets powered by signs of easing Ukraine-Russia tensions
By Sruthi Shankar and Shashank Nayar -European stocks pulled back some of their recent losses on Tuesday following reports that some Russian troops near Ukraine …