european-economies
Top StoriesEuropean Shares Inch up After Robust Week; Bayer Tanks
Top StoriesEuropean Companies Exploring Ways to Boost Rare Metal Supply
Top StoriesAnalysis-Europe’s Problems Are Far Bigger Than a Shallow Recession
Top StoriesEurope Needs Bigger Banks but Mergers Hard Without Banking Union -Intesa CEO
Emergency EU Oil Meeting Focused on Securing Diesel Supply -EU Official
Date: October 27, 2023
Emergency EU oil meeting focused on securing diesel supply -EU official By Julia Payne BRUSSELS (Reuters) – European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil during an emergency meeting of the bloc’s oil coordination group, one told Reuters. Friday’s meeting was called by the EU commissioner for energy...
European Shares Slip Amid Downbeat Earnings Reports; UK Stocks Outperform
Date: October 17, 2023
European shares slip amid downbeat earnings reports; UK stocks outperform By Amruta Khandekar and Shristi Achar A (Reuters) -European stocks edged lower on Tuesday as a slew of downbeat earnings and higher government bond yields outweighed gains in energy shares and slight easing of concerns about risks stemming from the Middle East conflict. The pan-European...
European Stocks Edge up as Novo Nordisk Offsets Luxury Sector Jitters
Date: October 11, 2023
European stocks edge up as Novo Nordisk offsets luxury sector jitters By Sruthi Shankar (Reuters) -European stocks inched higher on Wednesday as Novo Nordisk shares jumped after a positive update on its diabetes drug Ozempic, though underwhelming results from French luxury giant LVMH capped gains. The pan-European STOXX 600 index edged up 0.1% to hover...
European Stocks Hits Third-Straight Weekly Loss as Yields Surge
Date: October 6, 2023
European stocks hits third-straight weekly loss as yields surge By Sruthi Shankar, Siddarth S and Shristi Achar A (Reuters) -European shares advanced at the end of a turbulent week tracking Wall Street gains, but hit weekly losses, while a hotter-than-expected U.S. jobs report indicated interest rates might remain elevated for longer pushing bond yields higher....
Europe Could Become Energy Self-Sufficient in $2 Trillion Push – Study
Date: October 5, 2023
Europe could become energy self-sufficient in $2 trillion push – study FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2 trillion euros ($2.1 trillion) on solar, wind and other regenerative sources by 2040, according to a new study. The report, led by the Potsdam...
Euro Zone Economy Likely Contracted in Q3 Amid Waning Demand
Date: October 4, 2023
Euro zone economy likely contracted in Q3 amid waning demand By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed demand fell in September at the fastest pace in almost three years as indebted consumers reined in spending in the face of rising borrowing costs...