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…
Trade in European bond markets held up well in turbulent year – officials
By Dhara Ranasinghe BRUSSELS (Reuters) – High inflation and aggressive central bank rate hikes have created challenging conditions for government bond markets, but the ease of doing trade has held up relatively…
Carlyle launches European clean energy developer: ‘We would rather build’
By Isla Binnie NEW YORK (Reuters) – Private equity firm Carlyle Group Inc has formed a unit to build solar and other renewable energy plants as part of a push into creating…
European stock investors on alert for heightened balance sheet stress
By Danilo Masoni MILAN (Reuters) – Stock pickers have a message for company finance bosses and it’s getting louder: bolster your balance sheets before the downturn strikes. After more than a decade…
European shares open higher as luxury, mining stocks jump on China reopening hopes
(Reuters) – European shares opened higher on Friday, with luxury stocks and miners leading the advance on hopes that China will soon ease its strict COVID-19 curbs. The STOXX 600 rose 0.7%…
Mexico’s FEMSA plans push for European kiosks, B2B fintech
By Kylie Madry MEXICO CITY (Reuters) – Mexican bottler and retailer FEMSA is banking on an expansion of Swiss kiosk operator Valora in upcoming quarters as well as a business-to-business service through…
European Union Announces Ban On Gas Cars In The Middle Of Energy Crisis
European Union Announces Ban On Gas Cars In The Middle Of Energy Crisis Jack McEvoy on October 28, 2022 The European Union (EU) announced Thursday that it will be outlawing the sale…
European Central Bank Takes Action As EU Teeters On Brink Of Recession
European Central Bank Takes Action As EU Teeters On Brink Of Recession John Hugh DeMastri on October 27, 2022 The European Central Bank (ECB) raised interest rates by 0.75 percentage points, bumping…
European banks cash in on rising rates as clouds gather
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing risks as the economy fizzles after posting stronger-than-expected profits on Wednesday, helped by…
Investors warm to European debt after rates turn positive – funding officials
(Reuters) – Investors that were previously put off by negative interest rates in Europe in recent years are starting to return to market, funding officials for the European Investment Bank and European…
Nathan’s Famous Continues International Expansion with European Push to Offer Hot Dogs in France
Brand teams up with Tommy’s Café to bring Nathan’s Hot Dogs to France for the first time; will attend Franchise Shows in Paris, London, and the Anuga show in Cologne Jericho, NY …
European Commission will present proposal on gas price cap on Tuesday – Czech minister
PRAGUE (Reuters) – The European Commission will present a proposal on a mechanism to cap gas prices on Tuesday, Industry and Trade Minister Jozef Sikela of the Czech Republic, which holds the…
Germany’s Scholz calls for bigger European Union
BERLIN (Reuters) – German Chancellor Olaf Scholz on Saturday called for an expanded European Union, telling a gathering of European social democrats that it would then be able to better pull its…
Codelco offers 2023 European copper premiums at record high -sources
LONDON (Reuters) -Chile’s Codelco, the world’s biggest copper miner, is offering to sell copper to European buyers at a record high premium around $235 a tonne for 2023, a rise of 85%…
European airlines see travel withstanding consumer squeeze for now
By Sarah Young and Klaus Lauer LONDON (Reuters) – British Airways-owner IAG, Europe’s biggest airline Ryanair and rival easyJet said demand for travel was holding up, calming worries that pressure on household…
European power use falls, but winter targets still a stretch
By Leigh Thomas PARIS (Reuters) – European electricity use is falling to levels seen during the worst of the COVID-19 pandemic although some countries need to curb consumption further to prepare for…
European shares tumble as fears around inflation, earnings grip investors
By Sruthi Shankar and Amruta Khandekar (Reuters) – European shares tumbled on Wednesday as nerves about soaring prices and rising interest rates were aggravated by inflation data from the United States, while…
China’s BYD wins five-star European safety rating for electric SUV
By Nick Carey LONDON (Reuters) – BYD on Wednesday received a coveted five-star Euro NCAP safety rating for its electric ATTO 3 crossover SUV, the latest Chinese carmaker to receive top marks…
Renault plans network of EV charging stations along European motorways
By Gilles Guillaume PARIS (Reuters) – Renault plans to build a network of charging stations for electric cars along motorways across Europe, the French carmaker’s e-mobility services unit said on Monday. The…
European car market to contract 1% in 2022, ACEA forecasts
BERLIN (Reuters) – The European Union’s car market is on track to shrink this year, the European Automobile Manufacturers Association (ACEA) said on Friday, forecasting a 1% dip to 9.6 million units…
European shares retreat amid interest rate jitters, recession fears
By Devik Jain and Amruta Khandekar (Reuters) -European shares dropped on Wednesday, snapping a three-day rally as investors tempered expectations of central banks toning down their hawkish stance on inflation, with declining…
Divided European aviation sector seeks cure to travel chaos
By Tim Hepher BRUSSELS (Reuters) – European airlines and airports, reeling from delays that caused widespread disruption as demand roared back after COVID-19, are counting the cost of efforts to avoid a…
European shares log best day since mid-March as interest rate angst eases
By Devik Jain and Amruta Khandekar (Reuters) -European shares rose sharply on Tuesday, in line with global peers, boosted by growing hopes that central banks may ease the pace of future interest…
Online European tourism bookings so far in 2022 higher than pre-pandemic
(Reuters) – Short-term rental accommodation booked online in the European Union increased above 2019 levels each month from February 2022 onwards, the European Union’s statistic office said on Tuesday. Short-stays booked online…
European shares kick off last quarter of 2022 on upbeat note
By Devik Jain and Amruta Khandekar (Reuters) – European shares gained on Monday, in a positive start to the last quarter of this year, as a slew of bleak economic activity data…
Truss’s ‘yes’ boosts Macron’s new European forum initiative
By Michel Rose and John Irish PARIS (Reuters) – UK Prime Minister Liz Truss’s decision to join the inaugural summit of a pan-European grouping this week has given a boost to the…
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