Today: September 22, 2024
Today: September 22, 2024

Europe

Business|Europe|Finance|Stock Markets

LVMH shares drop after missing second-quarter estimates

Shares in LVMH fell as much as 6.5% in early Wednesday trade and were on track for their biggest one-day drop since October 2023 after second-

LVMH shares drop after missing second-quarter estimates
Economy|Europe|Sports

French services sector grew in July, helped by Olympics, PMI shows

France's dominant services sector expanded in July, a survey showed on Wednesday, helped by a pick-up in business from the Olympic Games although the country's

French services sector grew in July, helped by Olympics, PMI shows
Europe|News|Political

Germany bans Muslim association for pursuing radical Islam

Germany has banned the Islamic Centre Hamburg (IZH) and its subsidiary organisations for pursuing radical Islamist goals, the interior ministry said on Wednesday.

Germany bans Muslim association for pursuing radical Islam
Economy|Europe|News

Russia considering ban on diesel exports, Kommersant reports

The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday, citing several unnamed sources.

Russia considering ban on diesel exports, Kommersant reports
Environment|Europe|Science

Monday breaks the record for the hottest day ever on Earth

Climate scientists say the record for the hottest day globally has been broken for the second consecutive day and that the worldwide temperature could rise yet more this week

Monday breaks the record for the hottest day ever on Earth
Environment|Europe

World breaks hottest day record again, despite El Nino's end

The world again registered its hottest day on record on Monday, inching past the previous high recorded just 24 hours earlier on Sunday, according to preliminary

World breaks hottest day record again, despite El Nino's end
Economy|Europe|News

Crisis-hit Ukrainian city prepares for life after the war

For the mayor of the southern Ukrainian city of Mykolaiv, wartime crises like water and power outages and a crumbling local economy are short-term

Crisis-hit Ukrainian city prepares for life after the war
Economy|Europe

German consumer sentiment recovers significantly in August, finds GfK

German consumer sentiment is set to recover significantly heading into August as households' income expectations hit their highest point in over two years due to slightly lower

German consumer sentiment recovers significantly in August, finds GfK
Europe|MidEast|Political

Germany carries out raids and bans a group accused of links to Iran and support for Hezbollah

The German government has banned an organization accused of being an “outpost” of Iran's theocracy, promoting the ideology of its leadership and supporting Lebanon’s Hezbollah militant group

Germany carries out raids and bans a group accused of links to Iran and support for Hezbollah
Business|Europe|Finance|Technology

UniCredit buys digital bank and cloud IT platform in Aion-Vodeno deal

UniCredit on Wednesday said it was investing 370 million euros ($401 million) to acquire Belgium's digital bank Aion and Vodeno, a provider of cloud-based banking services.

UniCredit buys digital bank and cloud IT platform in Aion-Vodeno deal
Business|Economy|Europe|Finance

Deutsche Bank's profit streak ends with big lawsuit provision

Deutsche Bank posted its first loss in four years in the second quarter after setting aside 1.3 billion euros ($1.41 billion) as a provision for

Deutsche Bank's profit streak ends with big lawsuit provision
Asia|Business|Europe|Technology

LGES in talks with Chinese material firms to make low-cost EV batteries for Europe

South Korea's LG Energy Solution (LGES) is in talks with about three Chinese suppliers to produce low-cost electric vehicle batteries for Europe, a senior executive

LGES in talks with Chinese material firms to make low-cost EV batteries for Europe
Business|Economy|Europe|Finance

Lacklustre earnings keep investors jittery

A look at the day ahead in European and global markets from Ankur Banerjee A sales miss by luxury giant LVMH due to Chinese shoppers keeping a lid on spending and disappointing results from major U.S.

Lacklustre earnings keep investors jittery
Europe|News|Sports

Olympics-Ukraine athletes worry about war back home as they compete

Ukraine's Olympians focused on performing their best in Paris bear an additional burden - worrying about what might happen back home in the war pitting

Olympics-Ukraine athletes worry about war back home as they compete
Economy|Europe

ECB won't debate inflation target, dot plot in upcoming review

The European Central Bank's next strategy assessment will not involve some key issues, including a discussion on the bank's numerical inflation target or the publication of

ECB won't debate inflation target, dot plot in upcoming review
Crime|Environment|Europe

Five UK climate protesters jailed for conspiracy to block major road

Five climate activists from the Just Stop Oil protest group were each jailed for at least four years on Thursday over a conspiracy to block London's M25 motorway,

Five UK climate protesters jailed for conspiracy to block major road
Europe|Food

Heatwave poses big challenge for Greece's delivery workers

Yannis Asimakopoulos has worked as a food delivery driver in Athens for 17 years and cannot recall a hotter summer as a new heatwave gripped Greece this week.

Heatwave poses big challenge for Greece's delivery workers
Business|Europe|Technology

UK union files legal challenge against Amazon over warehouse vote

A British union has filed a legal challenge against Amazon, accusing the U.S. ecommerce giant of inappropriately influencing warehouse workers to vote against

UK union files legal challenge against Amazon over warehouse vote
Economy|Europe

Instant View: ECB leaves rates unchanged; Lagarde says September is 'wide open'

The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and

Instant View: ECB leaves rates unchanged; Lagarde says September is 'wide open'
Europe

Olympics-River Seine locked down ahead of Paris 2024 opening ceremony

A metal curtain descended across central Paris on Thursday as the police imposed a security perimeter along the banks of the river Seine, shutting the area off to anyone without a

Olympics-River Seine locked down ahead of Paris 2024 opening ceremony
Economy|Europe|Finance

ECB hawks open to September rate cut if data supports it, sources say

Even some of the European Central Bank's more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is continuing,

ECB hawks open to September rate cut if data supports it, sources say
Europe|Sports

Tennis-Nadal records confident win over Norrie in Bastad

Rafa Nadal upset Briton Cam Norrie 6-4 6-4 to reach the quarter-finals in Bastad on Thursday, mounting a terrific second-set comeback in an encouraging display for the Spaniard's fans

Tennis-Nadal records confident win over Norrie in Bastad
Environment|Europe

Plaintiffs drop 5 climate cases at Europe's human rights court

Five young people are withdrawing climate-change complaints at Europe's top human rights court after a wave of governments agreed to exit an international energy

Plaintiffs drop 5 climate cases at Europe's human rights court
Business|Economy|Europe|Finance

UK clears Nationwide Building's $3.75 billion Virgin Money deal

Britain's competition regulator said on Friday it has cleared Nationwide Building Society's proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy Virgin Money UK.

UK clears Nationwide Building's $3.75 billion Virgin Money deal
Business|Europe|Technology

Airbus wins European certification for A321XLR jetliner

Airbus has won European certification for the latest addition to its single-aisle family of jets, the long-distance A321XLR, a spokesperson said on Friday.

Airbus wins European certification for A321XLR jetliner

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