european-economies
Top StoriesEuropean Shares Advance as French Political Concerns Subside
Top StoriesEuropean Shares Steady After French Political Tremors, Eyes on Fed
Top StoriesMacron’s Shock Election Call Rocks Euro and French Markets
Top StoriesShein’s pre-IPO Charm Offensive Hits Roadblocks in Europe
EU Countries Approve Law to Slash Trucks’ CO2 Emissions
Date: May 13, 2024
EU countries approve law to slash trucks’ CO2 emissions By Kate Abnett BRUSSELS (Reuters) – European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free. The law will enforce a...
Europe’s Rush for Rate Cuts Shifts Global Market Power Away From US
Date: May 9, 2024
Europe’s rush for rate cuts shifts global market power away from US By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – The Bank of England has sent a new signal that borrowing costs will fall earlier and further across Europe than in the United States, setting markets up for major shifts as investors play a...
Euro Zone Factory Activity Takes Turn for the Worse in April, PMI Survey Shows
Date: May 2, 2024
Euro zone factory activity takes turn for the worse in April, PMI survey shows By Jonathan Cable LONDON (Reuters) -The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices, pushing firms to reduce headcount again, a survey showed on Thursday. But it was something of...
European Shares Struggle for Direction in Earnings Tide, Fed Decision
Date: May 2, 2024
European shares struggle for direction in earnings tide, Fed decision By Ankika Biswas (Reuters) -European shares flitted in a tight range on Thursday, after falling to a one-week low in early trade, as investors returned from a mid-week holiday to gauge a slew of earnings and the Federal Reserve signalling a delay in interest rate...
EU Industry Group Downgrades Steel Demand Forecast for 2024 Again
Date: April 29, 2024
EU industry group downgrades steel demand forecast for 2024 again LONDON (Reuters) – A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a matter of months, projecting growth of 3.2%, due to geopolitical tensions, economic uncertainty and high interest rates. The European Steel Association (Eurofer) had...
Sluggish Demand and Oversupply Sap European Diesel Markets
Date: April 23, 2024
Sluggish demand and oversupply sap European diesel markets By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow demand with the three-month contango trading on Monday at its widest since August 2021. Contango is a market structure in which a current contract trades at a...