Tag Archives: EU

European shares fell on Friday amid risk aversion on interest rate hike expectations and geopolitical tension in Ukraine, but some strong business results capped losses. The pan-European Stoxx 600 index fell 0.8 percent, heading for its fourth consecutive weekly decline. Auto and chemical stocks were the top losers. But luxury …

European shares fell on Thursday after US Federal Reserve Chairman Jerome Powell signaled a rate hike in March and kept monetary policy tight to curb inflation. The pan-European Stoxx 600 index fell 0.6 percent, with most sectors and markets in the region declining. After the Federal Reserve’s meeting, Powell said …

European shares extended their rally on Wednesday, as cautious traders awaited the outcome of the Federal Reserve’s two-day meeting, which concludes later Wednesday, for indications of tightening monetary policy in the face of rising inflation. The pan-European STOXX 600 index rose 1.1 percent, with all sectors gaining, led by the …

European shares fell in early trading on Monday, with technology shares falling as fears of monetary tightening sparked a sell-off in global stocks over the past week. The pan-European Stoxx 600 index was down 0.4 percent by 0814 GMT, with Asian markets also under pressure as investors awaited monetary policy …

European shares fell sharply on Friday following a global sell-off in stock markets on concerns linked to the pace of central bank tightening and weak economic data. The pan-European Stoxx 600 index fell 1.4 percent in a broad sell-off and is headed for its worst daily performance in nearly two …

Hungary, Poland, and Estonia are among European nations that are unhappy with plans to launch a minimum global European shares rose in early trading today, Thursday, supported by gains in the travel and entertainment sector, which rose more than 1%, and with the follow-up to the latest developments in the …

Hungary, Poland and Estonia are among European nations that are unhappy with plans to launch a minimum global corporate tax rate of 15 percent as of January 2023.Some EU countries have slammed the bloc’s efforts to introduce a global minimum corporate tax rate of 15 percent within 12 months into …

British companies found it more and more hard in 2021 to trade with the European Union under the terms of the Brexit trade deal struck with the bloc, a survey showed on Thursday.The British Chambers of Commerce said 45% of companies surveyed in October found it very or relatively difficult …

Olaf Scholz is now new German Chancellor. It is said that he feels extremely enthusiastic about the ideas he suggested years ago. Once, he described an agreement which he suggested saying that “it will really change the world”, so what other changes is Scholz capable for bringing about on the …

Markets were more active on Tuesday, with optimism leading the way. Hopes that the Omicron coronavirus variant is milder and will not interrupt the economic comeback sent global shares well into the green territory.It is still too early to say how things will turn out with the new COVID-19 strain. …