MADRID (Reuters) – The euro zone economy has experienced a strong recovery in the third quarter even though the most recent incoming data in August have been less robust, European Central Bank Vice President Luis de Guindos said on Tuesday. “In the third quart... More »
BERLIN (Reuters) – German manufacturers’ recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit’s final Purchasing Managers’ Index (PMI) for manufacturing, which... More »
(Reuters) – Technology stocks drove European shares higher on Tuesday, but sentiment was shaky ahead of key economic readings that are likely to indicate an uneven recovery from the coronavirus. Apple (AAPL.O) suppliers in the region rose after the iPhone make... More »
GENEVA (Reuters) – Countries with significant active spread of coronavirus must prevent amplifying events, as opening up without the virus being under control would be a “recipe for disaster”, the World Health Organization said on Monday. WHO director-general ... More »
BUDAPEST (Reuters) – The management of Hungary’s prestigious University of Theatre and Film Arts resigned on Monday in protest over the imposition of a government-appointed board which they say will undermine the school’s autonomy. Prime Minister Viktor Orban’... More »
MINSK (Reuters) – Belarusian opposition politician Sviatlana Tsikhanouskaya said on Monday she was ready to lead Belarus and called for the creation of a legal mechanism to ensure that a new fair presidential election could be held. Speaking in a video address... More »
MOSCOW (Reuters) – Russia reported 4,892 new cases of the novel coronavirus on Monday, pushing its tally so far to 927,745, the fourth largest in the world. Authorities said 55 people had died across the country in the last 24 hours, increasing Russia’s offici... More »
PRAGUE (Reuters) – The Czech Republic’s overall number of coronavirus cases rose above 20,000, as the country tries to contain regional hotspots of the virus. As of Aug. 16, there were 20,012 cases in the country of 10.7 million, with 121 new cases found on Su... More »
(Reuters) – Yamaha’s Valentino Rossi has urged riders who make their way up to the premier class to exercise caution when fighting for track positions to avoid a repeat of the horror collision that halted the Austrian Grand Prix on Sunday. The red flag came ou... More »
SARAJEVO (Reuters) – The Sarajevo Film Festival will be launched entirely online on Friday after a spike in coronavirus cases forced organisers to cancel plans to stage Europe’s first in-person movie fair since the outbreak of the pandemic. Just ten days ago a... More »
MINSK (Reuters) – Belarusian President Alexander Lukashenko won a landslide re-election victory, the central election commission said on Monday, after bloody clashes between riot police and thousands of protesters who said the poll was rigged. Figures from the... More »
(Reuters) – European shares were largely flat on Monday as renewed U.S.-China tensions hit technology stocks, but a slowing decline in China’s producer prices and rising oil prices limited losses. The pan-European STOXX 600 index edged up 0.1% at the start of ... More »
LONDON (Reuters) – European shares rose on Monday as industrial activity in China gained strength, another sign of recovery from the coronavirus pandemic that added to hopes the global economy would also return to health. The broader Euro STOXX 600 rose 0.6%, ... More »
LONDON (Reuters) – The dollar rose in early London trading on Monday, including versus the euro and Swiss franc, with investors focusing on fiscal stimulus in the United States and U.S.-China tensions ahead of key trade talks on August 15. After talks in Washi... More »
MOSCOW (Reuters) – Russian authorities confirmed 5,118 new cases of the novel coronavirus on Monday, pushing the national case tally to 892,654, the fourth largest in the world. The official death toll rose to 15,001 after authorities said in their daily coron... More »
MOSCOW (Reuters) – Russia has signed deals to supply South Africa and seven Latin American countries with an anti-viral drug Russian authorities have approved to treat COVID-19, its sovereign wealth fund said on Monday. The Russian Direct Investment Fund (RDIF... More »
MOSCOW (Reuters) – Russia’s finance ministry said on Monday it would scrap an agreement with Cyprus aimed at avoiding double taxation after talks to modify the deal failed, and that legal changes would make it more profitable for people to transfer money back ... More »
MOSCOW (Reuters) – Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in July as the country eases production curbs under an OPEC+ deal, a source familiar with data said on Monday. The Energy ... More »
BERLIN (Reuters) – Chancellor Angela Merkel’s chief of staff said health ministers would on Monday discuss the possibility of obliging returning holidaymakers to take a coronavirus test as he expressed concern about a rise in infections in Germany. “I think th... More »
KYIV (Reuters) – A full and comprehensive ceasefire between Ukrainian government forces and pro-Russian separatists has entered into force in eastern Ukraine, opening the prospect of an end to military and civilian casualties, the two sides said on Monday. Ukr... More »
LONDON (Reuters) – Britain is closely watching rises in coronavirus cases in other European destinations such as France and Germany after slapping a 14-day quarantine on travellers from Spain at the height of the summer vacation season. The imposition of a Bri... More »
LONDON (Reuters) – Britain will drop its policy of requiring people returning from the Spanish Canary Islands or Balearics to quarantine for two weeks, the Sun newspaper said on Monday. On Saturday, Britain announced a 14-day quarantine on travellers from Spai... More »
LONDON (Reuters) – Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings. Europe’s main stock markets w... More »
(Reuters) – European shares slipped on Monday with travel stocks leading the declines after Britain imposed a quarantine on travellers returning from Spain, where cases of the novel coronavirus have surged in the last few weeks. The pan-European STOXX 600 was ... More »
BERLIN (Reuters) – The danger to the euro zone economy from the coronavirus pandemic is not yet over, European Central Bank board member Fabio Panetta told La Repubblica, adding that he saw no need to make any tweaks to the bank’s massive asset purchase progra... More »
(This July 17 story corrects to show company name in 15th paragraph is Howatherm not Howarth) By Caroline Copley BERLIN (Reuters) – A COVID-19 outbreak in Germany is forcing meatpacking plants to review infection risks posed by their cooling systems, placing t... More »
BRUSSELS (Reuters) – Signs emerged that leaders of northern European Union countries were willing to compromise on a 1.8 trillion euro ($2 trillion) coronavirus stimulus plan on Monday as talks in Brussels extended to a fourth day. Divided and slow to respond ... More »
LONDON (Reuters) – EU leaders reported some progress on Monday after three days of haggling over a coronavirus stimulus plan, sending the euro to a four-month high and Italy’s borrowing costs to lows not seen since March. An attempt to reach a compromise faile... More »
GDANSK/WARSAW (Reuters) – Poland’s industrial output PLIPY=ECI rose by 0.5% in June, better than the 6.9% decline forecast by analysts, who said the statistic office data suggest the economy may overcome the coronavirus crisis faster than initially expected. T... More »
LONDON (Reuters) – The euro retreated after hitting a 19-week high of $1.1467 on Monday after EU summit chairman Charles Michel said a recovery fund to revive economies hit by the COVID-19 pandemic could contain 390 billion euros in grants. EU leaders have mad... More »
(Reuters) – European shares fell on Monday, dragged down by cyclical sectors amid a surge in coronavirus cases globally, while investors remained cautiously optimistic about the ongoing talks over an EU-wide recovery fund. An index of eurozone shares .STOXXE s... More »
BERLIN (Reuters) – The German parliament’s financial committee will hold an extraordinary meeting on the Wirecard (WDIG.DE) scandal on Wednesday next week and Finance Minister Olaf Scholz is expected to be there, a Social Democrat (SPD) lawamker said on Monday... More »
LONDON (Reuters) – The euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for the bloc’s pandemic-ravaged economy on Monday, but the region’s stock markets took a cautious turn lower as talks paused. The... More »
(Reuters) – Euro zone shares were little changed on Friday as investors awaited the outcome of an European Union summit where leaders are expected to hammer out details of a 750-billion-euro ($858 billion) recovery fund. The euro zone STOXX index .STOXXE was f... More »
LONDON (Reuters) – Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network in a landmark decision that will anger Beijing but win plaudits from President Donald Trump as the United States grapples with China’s rising economic and technologi... More »
MOSCOW (Reuters) – Russia charged former military journalist Ivan Safronov with state treason on Monday, his lawyer said, accusations that have sent a chill through Russia’s media community which has protested over what it says is his unfair treatment. Securit... More »
BERLIN (Reuters) – Very few of 2,000 school children and teachers tested in the German state of Saxony showed antibodies to COVID-19, a study found on Monday, suggesting schools may not play as big a role in spreading the virus as some had feared. Germany bega... More »
(Reuters) – European shares fell on Tuesday as surging U.S. coronavirus cases and forecasts for a deeper-than-feared recession in the euro zone dimmed optimism around a post-pandemic rebound. The pan-European STOXX 600 index slipped 0.6%, falling back from a n... More »
LONDON (Reuters) – Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States. MSCI’s All-Count... More »
MOSCOW (Reuters) – Russia’s official coronavirus case tally, the fourth largest in the world, rose to 687,862 on Monday after officials reported 6,611 new infections in the last 24 hours. Authorities also said 135 people had died overnight, bringing Russia’s o... More »
BERLIN (Reuters) – Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month, data showed on Monday, as demand picked up after lockdown measures to fight the coronavirus were lift... More »
BERLIN (Reuters) – Around one fifth of German companies (21%) believe their survival is threatened by the coronavirus crisis, Germany’s Ifo institute said on Monday, with travel agents, hotels and restaurants particularly concerned. “We could see a wave of ins... More »
PRAGUE (Reuters) – A Czech film festival disrupted by the COVID-19 pandemic unveiled a scaled-down programme of movies on Friday with an opening ceremony in an empty auditorium and a star-free red carpet. The Karlovy Vary International Film Festival, central a... More »
LONDON (Reuters) – European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as investors looked for signs of an economic recovery in the second half of 2020. The MSCI world equity index, whic... More »
WASHINGTON (Reuters) – Both Democrats and President Donald Trump’s fellow Republicans in Congress demanded more information from the White House on Monday after reports that Russian military intelligence offered militants bounties for killing U.S. troops in Af... More »
WARSAW (Reuters) – Poland’s Prime Minister Mateusz Morawiecki said on Monday he expects the country’s economy to recover quickly from the damage caused by the coronavirus pandemic. “We have a chance for a V-shaped recovery,” Morawiecki told a conference. Poles... More »
PARIS (Reuters) – Emmanuel Macron will travel to the Netherlands on Tuesday to try to break Dutch Prime Minister Mark Rutte’s resistance to the European Union’s 750 billion euro aid package that the French president wants to see approved at an EU summit in Jul... More »
MOSCOW (Reuters) – Russian prosecutors asked a court in Moscow on Monday to sentence prominent film and theatre director Kirill Serebrennikov to six years in jail on embezzlement charges, the RIA news agency reported. The prosecution of Serebrennikov, an award... More »
BERLIN (Reuters) – Regulators worked hard and did their job in the case of payments firm Wirecard, which on Monday said that 1.9 billion euros ($2.13 billion) missing from its accounts was likely never there, Finance Minister Olaf Scholz said on Monday. “I thi... More »
MOSCOW (Reuters) – The Kremlin has asked some Russian companies to mount internal information campaigns to boost turnout in a nationwide vote on constitutional reforms that could allow President Vladimir Putin to keep power until 2036, documents seen by Reuter... More »
SOFIA (Reuters) – CSKA Sofia’s Australian striker Tomi Juric has tested positive for COVID-19, the 31-times Bulgarian champions said in a statement late on Sunday. The 28-year-old forward, who has played 41 times for his country, has been isolated. Other CSKA ... More »
BUDAPEST (Reuters) – Hungarian artist Jozsef Szurcsik lost four of his friends in a matter of weeks to COVID-19 and the tremendous pain and grief he feels has transformed his art. Szurcsik, who teaches at the Hungarian University of Fine Arts and is one of the... More »
NEW YORK (Reuters) – The U.S. dollar was slightly lower in North American morning trade on Monday, stabilizing after a move higher overnight on a sell-off in risk assets over rising fears of a second wave of coronavirus infections. The dollar index =USD, which... More »
LJUBLJANA (Reuters) – China’s household appliances maker Hisense (000921.SZ) plans to start producing TV sets in Slovenia in January 2021, creating about 350 jobs in the country, Hisense said on Monday. Production would be approximately 1.5 million TV sets in ... More »
FRANKFURT/BERLIN (Reuters) – Germany will take a stake in unlisted biotech firm CureVac, which is working on a COVID-19 vaccine, Economy Minister Peter Altmaier said on Monday, confirming an earlier Reuters report. The Berlin government will acquire a 23% stak... More »
BUDAPEST (Reuters) – Hungary is ready to give financial support to Audi (NSUG.DE) to help its manufacturing plant in the country run at full operating capacity, Prime Minister Viktor Orban was reported as saying on Monday as he visited the site. Orban said Aud... More »
MOSCOW (Reuters) – Three Russian cities on Monday joined a growing list of places that are cancelling June 24 military parades over coronavirus fears despite a decision by President Vladimir Putin to press ahead with the main event in Moscow. Penza, Pyatigorsk... More »
POSTOJNA, Slovenia (Reuters) – Three rare aquatic creatures known as baby dragons are going on display in an aquarium at Slovenia’s Postojna Cave, one of the country’s biggest tourist attractions. The cave-dwelling animals, officially called proteus or olms, h... More »
MOSCOW (Reuters) – Russian restaurant owners stripped of their income by the coronavirus lockdown are campaigning for their businesses to be allowed to reopen by posting pictures of themselves naked on social media. Hundreds of bar, restaurant and cafe employe... More »
MINSK (Reuters) – A detained Belarusian blogger who helped lead protests against President Alexander Lukashenko has been charged with disrupting public order and attacking a policeman and could be sentenced to three years in prison, state investigators said on... More »
MOSCOW (Reuters) – A Russian court on Tuesday sentenced a Jehovah’s Witness to six and a half years in prison after finding him guilty of organising the activities of a banned extremist organisation, his lawyer said. The ruling at the Pskov City Court, handed ... More »
LONDON (Reuters) – The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between the trading partners. The dollar found some footing, rising against tearaway commodity... More »
GRADISKA, Bosnia (Reuters) – Kobe Bryant, the 18-time NBA All-Star who died in a helicopter crash in January, has been honored with a giant mural commissioned by sports enthusiasts and painted on the side of an elementary school building in northern Bosnia. “K... More »
(Reuters) – European shares fell on Tuesday as declines in cyclical stocks and UK’s British American Tobacco threw a spanner into a rally driven by optimism over a global recovery from the coronavirus crisis. The pan-European STOXX 600 index fell 1.3%, with eu... More »
MOSCOW (Reuters) – Residents of Moscow began to resume their normal routines on Tuesday as a lockdown designed to curb the spread of the novel coronavirus was lifted after more than two months despite the Russian capital still reporting over a thousand daily c... More »
NEW YORK (Reuters) – The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic. The euro EUR=EBS wa... More »
MOSCOW (Reuters) – Russian Prime Minister Mikhail Mishustin is back at work after being diagnosed with the new coronavirus, the Kremlin said on Tuesday. The Kremlin said Russian President Vladimir Putin had signed a decree cancelling a temporary transfer of Mi... More »
PRAGUE (Reuters) – Czech car production fell 31.1% year-on-year in the January-April period to 337,497 cars, the Automotive Industry Association said on Tuesday. In April alone, when the country ground to a standstill due to measures aimed to curb the coronavi... More »
MOSCOW (Reuters) – Russia said on Tuesday that 9,263 new cases of the novel coronavirus had been reported in the last 24 hours, pushing its nationwide tally to 299,941. The daily rise in cases was below 10,000, a threshold that it has been above for much of Ma... More »
PRAGUE (Reuters) – The number of new coronavirus cases in the Czech Republic showed its biggest daily rise in four weeks and climbed above 100 for the first time this month, the Health Ministry said on Tuesday. The ministry said 111 new cases had been recorded... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was surprised that Attorney General William Barr opted not to look at former President Barack Obama in a Justice Department review of the FBI’s handling of 2016 Russia probe. “I’m a little su... More »
WARSAW (Reuters) – Lovers of Frederic Chopin’s music who usually flock to a central Warsaw park on Sundays for open-air concerts will have to go online this season to hear the weekly performances because of restrictions imposed to curb the spread of the corona... More »
(Reuters) – European shares edged higher on Tuesday following a clutch of upbeat quarterly earnings reports, but investors remained cautious of a resurgence in new coronavirus cases as hard-hit economies lift lockdowns. The pan-European STOXX 600 index rose 0.... More »
MOSCOW (Reuters) – Russia on Tuesday reported 10,899 new cases of the novel coronavirus in the last 24 hours, bringing the nationwide total past that of Britain to 232,243, the third highest total worldwide. The country’s coronavirus response centre said the d... More »
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world.... More »
PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen Group (VOWG_p.DE), reported a 25% drop in first-quarter operating profit on Monday, but said the biggest hit from the coronavirus outbreak would come in the second quarter. Skoda, the Czech R... More »
(Reuters) – Ten people have tested positive for coronavirus in more than 1,700 tests carried out by Germany’s professional soccer league (DFL) at its 36 clubs ahead a planned resumption of full training, it said on Monday. The DFL, which tested players and coa... More »
BUDAPEST (Reuters) – Dressed in black and wearing a facemask, the dancer leaps and pirouttes across Budapest’s deserted central Heroes Square – to the strains of a melody that mirrors the molecular structure of the coronavirus. To mark World Dance Day, Zsolt V... More »
BERLIN (Reuters) – Germany’s economy minister urged the country’s 16 federal states on Monday to go slowly in lifting coronavirus restrictions to avoid the outbreak spreading further and being forced to backtrack later. Under Germany’s decentralised political ... More »
BERLIN (Reuters) – The German government and the federal state of Hesse have agreed to provide Condor with loans worth 550 million euros ($596.31 million), the economy minister said on Monday, after the owner of Poland’s LOT pulled out of a deal to buy the air... More »
BERLIN (Reuters) – Adidas (ADSGn.DE) reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a deeper hit to second-quarter revenue as lockdowns forced the German sportswear maker and other retailers to close stores. F... More »
TBILISI (Reuters) – Georgia’s National Ballet, the former Soviet country’s famous folk dance ensemble, started giving lessons online after the group’s popular dance schools closed their doors due to the coronavirus. Around 5,000 kids and teenagers, who used to... More »
BEIJING/SHANGHAI (Reuters) – A northwestern province on the frontline of China’s coronavirus battle reported on Tuesday its first cases in nearly three weeks, all involving travellers from overseas, as imported infections started to level off elsewhere. The pr... More »
(Reuters) – European stocks fell on Tuesday as the double whammy from a crash in U.S. crude to minus $40 per barrel and dismal first-quarter earnings reports spooked investors about the lasting damage to the global economy from the coronavirus pandemic. BP Plc... More »
BRUSSELS (Reuters) – European Union leaders meeting are on Thursday expected to defer a final decision on how to finance the bloc’s economic recovery in the aftermath of the coronavirus pandemic, diplomats and officials said. The 27 national leaders have alrea... More »
(Reuters) – A historic rout in oil markets sent U.S. crude prices plummeting to as much as minus $40 a barrel as traders rushed to get rid of unwanted stocks with storage capacity already overflowing amid a coronavirus-induced demand collapse. U.S. West Texas ... More »
BERLIN (Reuters) – Germany’s confirmed coronavirus cases rose by 1,785 to 143,457, data from the Robert Koch Institute (RKI) for infectious diseases showed on Tuesday, marking a slight increase in the number of new infections after two days of declines. New in... More »
VIENNA (Reuters) – Austrian cultural spaces including museums and libraries can reopen from mid-May as part of a gradual loosening of the coronavirus lockdown, the government said on Friday. Austria took a first step in relaxing its month-old restrictions on T... More »
KIEV (Reuters) – Ukrainian brothers Nikita and Egor Zigura work on their sculpture of a giant fingerprint as art enthusiasts look on via a live-streaming internet link and make bids for the developing work. The online auction is part of a new “Stay Art Home” s... More »
MOSCOW (Reuters) – Russia on Monday reported 2,558 new cases of the novel coronavirus, a record daily rise, bringing its overall nationwide tally to 18,328. Russia’s coronavirus crisis response centre said that 148 people diagnosed with the virus have died so ... More »
BAKU/DUBAI/LONDON (Reuters) – OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil... More »
BRUSSELS (Reuters) – European Union countries on Thursday evening agreed the emergency credit lines from the euro zone’s bailout fund “will be available until COVID-19 crisis is over”, a draft of their deal read. Afterwards, euro countries should remain commit... More »
MOSCOW (Reuters) – Russian ballet dancers on partial lockdown have begun giving performances at home to keep fans engaged online after theatres across the country closed their doors due to the coronavirus. Seven dancers from the Mikhailovsky Theatre in St. Pet... More »
MOSCOW (Reuters) – While making blinis one morning in self-isolation, Natalia Goroshko noticed one in her pan had taken the floppy form of one of Salvador Dali’s melting clocks. The 31-year-old Belarusian living in Texas placed three blinis in her kitchen to m... More »
SARAJEVO (Reuters) – Bosnia’s most popular band, Dubioza Kolektiv, invites its audience to “stay connected and disinfected” during a weekly “Quarantine Show” online to cheer up fans locked in their homes due to the coronavirus. Bosnia, like most states in Euro... More »
(Reuters) – European shares rebounded on Monday as a slowdown in coronavirus deaths raised hopes that nationwide lockdowns were starting to show results, while Rolls Royce soared after becoming the latest multinational firm to raise cash to weather an economic... More »
LONDON (Reuters) – A group representing Britain’s car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represented a 25% fall from the number of new car registrations in 2... More »
BERLIN (Reuters) – Angela Merkel’s chief of staff told German broadcasters RTL/n-tv on Monday that he did not think the chancellor’s plans not to run for a fifth term in office had changed after Bild newspaper last week raised the question of whether she might... More »
PRAGUE (Reuters) – The Czech Republic reported its slowest daily percentage rise in confirmed coronavirus cases on Monday, as the country entered fourth week of restrictions on business and movement. The country had 4,591 cases as of Sunday midnight, up 2.6% f... More »
MOSCOW (Reuters) – Russia’s coronavirus case tally has risen to 6,343 in the past 24 hours, a record daily increase of 954, the country’s crisis response centre said on Monday. Cases have been recorded widely, but Moscow remains the epicentre of the outbreak w... More »
