european-economies
BusinessEuropean Car Sales Flat in October, EVs Gain Ground, Acea Says
BusinessEuropean Car Sales Flat in October, EVs Gain Ground, Acea Says
BusinessFord to Cut 14% of European Jobs, Blaming Ev Shift and Rising Competition
InvestingEuropean Shares Struggle Ahead of Speeches From ECB Policymakers
Chip Powerhouse Taiwan Calls for Economic Partnership Deal With EU
Date: November 18, 2024
TAIPEI (Reuters) – Taiwan President Lai Ching-te called on Monday for the signing of an economic partnership agreement with the European Union, saying it would boost cooperation in semiconductors and that as democracies the two sides should be working together. Taiwan has pushed for the signing of investment and trade deals with the EU, in...
EU Commission Sees Euro Zone Economy Picking Up, Warns of US Protectionism
Date: November 15, 2024
By Jan Strupczewski BRUSSELS (Reuters) -Euro zone economic growth will pick up in 2025 and 2026 and inflation will slow, the European Commission forecast on Friday, but warned a protectionist U.S. trade policy under the Trump administration could be “extremely harmful”. U.S. President-elect Donald Trump, who will take office on Jan 20, has floated the...
Europe’s Stoxx 600 Falls as Tech, Healthcare Shares Drag
Date: November 15, 2024
By Shashwat Chauhan (Reuters) -Europe’s STOXX 600 fell on Friday, dragged by technology and healthcare stocks, keeping the index on track for its fourth successive weekly drop. The pan-European STOXX 600 benchmark index slipped 0.5%, hovering near a three-month low hit earlier this week. The technology sub-index dropped 1.7%, with chipmaker ASML among top decliners,...
Cross-Border Challenges Widen Wealth Gap Between Europe and Us, IMF Study Finds
Date: November 14, 2024
By Jan Strupczewski BRUSSELS (Reuters) – Cross border challenges are widening the gap between the output of Europeans and Americans, who have been moving ahead since the 1990s, a study by the International Monetary Fund showed. The European Union’s GDP per capita measured with purchasing power parity is now around 72% of the United States,...
Europe Needs More Resources to Tackle Climate Change, Greek PM Says
Date: November 13, 2024
(Reuters) -Europe is a global leader in the green transition but also needs to make sure there are more resources to tackle the impact of unprecedented climate shocks, Greek Prime Minister Kyriakos Mitsotakis said on Wednesday. The world’s largest economies have pledged to transition to net-zero carbon emissions energy systems by 2050. “We cannot focus...
China Jitters, Earnings Drag Europe’s Stoxx 600 to Three-Month Low
Date: November 12, 2024
By Shashwat Chauhan and Pranav Kashyap (Reuters) -Europe’s main index plunged 2% to a near three-month low on Tuesday, as concerns over the fate of U.S.-China relations cast a shadow over stocks with significant exposure to the world’s No. 2 economy, while some downbeat earnings also weighed. The STOXX 600 also notched its steepest one-day...