Europe’s far-right vows hard line on immigration, but cracks emerge elsewhere
By Angelo Amante ROME (Reuters) – European far-right parties met in Italy on Saturday vowing to curb immigration to the continent and to oppose a second five-year term for European Commission President…
Higher interest rates a ‘bright spot’ for Europe’s banks
By Tom Sims, Jesús Aguado and Lawrence White FRANKFURT/MADRID/LONDON – European banks are hoping the boost to their businesses from higher interest rates will be long-lasting as they navigate the economic fallout…
Europe’s banks flash some good news but downbeat on economy
By Tom Sims and Sinead Cruise FRANKFURT/LONDON – European banks this week offered flashes of surprisingly good news on profits, but some executives spoke of a bleak outlook for the rest of…
Europe’s long and chequered history of rationing
(Reuters) – A pact clinched by European Union countries on Tuesday to voluntarily curb demand for gas as they brace for further cuts in Russian supplies has once again raised the prospect…
Putin Can Afford To Shut Off Europe’s Gas Thanks To Record Energy Profits
Putin Can Afford To Shut Off Europe’s Gas Thanks To Record Energy Profits Jack McEvoy on July 19, 2022 Russia profited massively off its oil and gas sales throughout the ongoing global…
Europe’s Energy Crisis Is So Bad That France Will Nationalize Its Largest Power Company. Here’s The Price Tag
Europe’s Energy Crisis Is So Bad That France Will Nationalize Its Largest Power Company. Here’s The Price Tag Josh Hypes on July 13, 2022 France announced it would nationalize its largest power…
FOSSIL-FUELED FREEDOM: US Overtakes Russia As Europe’s Biggest Gas Supplier
FOSSIL-FUELED FREEDOM: US Overtakes Russia As Europe’s Biggest Gas Supplier Max Keating on July 1, 2022 The United States sent more liquefied natural gas to Europe than the region got from Russian…
Europe’s south expects over 150,000 migrant arrivals this year – minister
MILAN – Mediterranean countries on major migrant routes into Europe expect over 150,000 arrivals this year as food shortages caused by the Ukraine conflict threaten a new migration wave from Africa and…
Joint gas buying no quick fix for Europe’s supply crunch
By Kate Abnett BRUSSELS – The European Union’s plan for countries to buy gas jointly could maximise supplies and ensure better contract terms in the coming years, but is unlikely to help…
Russian diplomats spurned in Europe’s capitals
By Joanna Plucinska and Andrius Sytas WARSAW/VILNIUS – Russian diplomat Sergiy Andreev was feeling unwelcome on the streets of Warsaw even before protesters doused him with red liquid thrown in his face…
Europe’s Russian diesel imports drop, but still dominant
By Ron Bousso and Ahmad Ghaddar LONDON – European diesel imports from Russia are set to fall in April but will still exceed those from other regions, highlighting the challenge European governments…
Ukrainian refugee crisis seen pressuring Europe’s housing market
By Zuzanna Szymanska BERLIN – Ukrainian refugees fleeing war have been hospitably received around Europe, but the longer they stay the more their presence may exacerbate housing price pressures in host nations…
Europe’s appetite for U.S. gas fast-tracks two new LNG projects
By Marcy de Luna HOUSTON – Two U.S. liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives up demand…
Factbox-What are Europe’s options in case of Russian gas disruption?
By Nina Chestney (Reuters) – European gas prices have risen further amid concerns about supply as Russia and the West remain at odds over Moscow’s demand for gas payments to be made…
‘Reducing Europe’s Dependency’: Biden Strikes Deal To Boost Gas Exports To Europe
‘Reducing Europe’s Dependency’: Biden Strikes Deal To Boost Gas Exports To Europe Thomas Catenacci on March 25, 2022 President Joe Biden and his European counterparts struck a deal Friday to send more…
Europe’s carmakers scramble to replace Ukrainian auto parts
By Christina Amann and Nick Carey BERLIN – Carmakers including Volkswagen and BMW are scrambling to find alternative sources of vital parts made in Ukraine from as far afield as China and…
Analysis-Ukraine war upending central Europe’s post-COVID car revival
By Jason Hovet and Gergely Szakacs PRAGUE – Russia’s invasion of Ukraine is hitting hopes of renewed growth in central Europe’s car industry this year following the pandemic, stoking risks of sharper…
Factbox-What are Europe’s options in case of Russian gas disruption?
By Nina Chestney – European gas prices have risen as sanctions on Russia have been tightened over its invasion of Ukraine and amid fears of supply disruptions. Earlier this week, Russian Deputy…
Europe’s six-month diesel spread hits a record high above $500/T
LONDON – The European benchmark price for a tonne of diesel now surged to a record $509.75 more than for diesel in six month’s time on Tuesday as fears of disruptions to…
At the top of Europe’s banks, it’s still a man’s world
By Brenna Hughes Neghaiwi and Tom Sims ZURICH/FRANKFURT – Women remain rare visitors to the highest echelons of European banks. The 25 biggest banks by assets have seen 22 changes in chief…
Arab refugees see double standards in Europe’s embrace of Ukrainians
By Hassan Hankir and Hams Rabah SIDON, Lebanon/AMMAN – Syrian refugee Ahmad al-Hariri, who fled the war in his country for neighbouring Lebanon 10 years ago, spent the last decade hoping in…
Explainer-Why Europe’s mobile telecom market is ripe for consolidation
By Supantha Mukherjee and Elvira Pollina STOCKHOLM/MILAN – Talk of consolidation among European mobile carriers has grown louder with several executives voicing support as cut-throat price wars drive up debt and limit…
Vodafone under pressure to test Europe’s appetite for telecom takeovers
By Paul Sandle and Kate Holton LONDON – Vodafone boss Nick Read believes competition regulators have eased their opposition to takeovers; all that remains is to test the theory by triggering a…
Explainer-Ukraine: clouds on the horizon for Europe’s economy
– European Central Bank President Christine Lagarde has warned of “geopolitical clouds” over the European economy due to possible fall-out from further escalation of tensions between Russia and the West over Ukraine.…
Banks open fixed income front in Europe’s data price battle
By Huw Jones LONDON – The price of bond market data has risen by half over the past five years, which could prompt some users to quit the market and damage liquidity,…
Analysts beef up expectations for Europe’s earnings season
LONDON – Analysts are upgrading their expectations for Europe’s fourth-quarter earnings season, which has seen a steep increase in companies announcing consensus-beating results, according to the latest data from Refinitiv I/B/E/S. Earnings…
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