European Union

Equities hit five-month peak, bonds dip, as earnings season starts

Equities hit five-month peak, bonds dip, as earnings season starts

Published 13/07/2020

NEW YORK (Reuters) - World equity benchmarks hit a five-month peak and perceived safe -havens such as the dollar and U.S. government bonds dipped on [more…]

Britain set to ban Huawei from 5G, though timescale unclear

Britain set to ban Huawei from 5G, though timescale unclear

Published 13/07/2020

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 [more…]

France reduces Chinese flights to Paris in tit-for-tat row

France reduces Chinese flights to Paris in tit-for-tat row

Published 13/07/2020

PARIS (Reuters) - France’s government on Monday started restricting Chinese airlines to one passenger flight to France per week, saying it was acting in response [more…]

German economy is recovering from pandemic slump, Bundesbank data shows

German economy is recovering from pandemic slump, Bundesbank data shows

Published 13/07/2020

FRANKFURT (Reuters) - The German economy is rebounding from a pandemic-induced slump after hitting bottom last month, a real-time indicator developed by the country’s central [more…]

German study shows low coronavirus infection rate in schools

German study shows low coronavirus infection rate in schools

Published 13/07/2020

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 [more…]

EU top court to rule in landmark Facebook, Schrems privacy case

EU top court to rule in landmark Facebook, Schrems privacy case

Published 13/07/2020

BRUSSELS (Reuters) - Europe’s top court will on Thursday rule on the legality of tools companies use to transfer Europeans’ data around the world, in [more…]

U.S. stock funds see first inflow in four weeks: Lipper

U.S. stock funds see first inflow in four weeks: Lipper

Published 09/07/2020

(Reuters) - U.S. equity funds in the week ended on Wednesday drew $609 million, the first inflow in four weeks, according to Lipper. U.S. taxable [more…]

France backs Spanish candidate to lead Eurogroup of finance ministers

France backs Spanish candidate to lead Eurogroup of finance ministers

Published 09/07/2020

PARIS (Reuters) - France will back Spanish Economy Minister Nadia Calvino for the presidency of the Eurogroup of euro zone finance ministers, French Finance Minister [more…]

Merck says it has agreed to supply potential COVID-19 drug Rebif to EU countries

Merck says it has agreed to supply potential COVID-19 drug Rebif to EU countries

Published 08/07/2020

FRANKFURT (Reuters) - German drugmaker Merck said on Wednesday it had agreed to supply its potential COVID-19 drug Rebif to European Union countries should orders [more…]

EU sees deeper recession, less steep rebound for euro zone

EU sees deeper recession, less steep rebound for euro zone

Published 07/07/2020

BRUSSELS (Reuters) - The euro zone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European [more…]