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Bond investors wait for more headlines on EU recovery fund

AMSTERDAM (Reuters) – Euro zone bond yields held their ground on Thursday with investors’ main focus expected to be any new developments on the European Union’s recovery fund, which aims to help the region’s economy recover from the coronavirus crisis. Hopes a... More »

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Europe’s north-south lockdown divide revealed by Google data

BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »

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London boxing qualifiers closed to spectators due to virus

LONDON (Reuters) – A European qualifying event for this year’s Tokyo Olympic boxing tournament will be closed to spectators from Monday due to the coronavirus outbreak, organizers said. The International Olympic Committee (IOC) boxing task force which is organ... More »

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ECB’s Enria blames legislative ‘mess’ for dos Santos fiasco

FRANKFURT (Reuters) – The euro zone’s top bank supervisor blamed a “mess” of diverging laws across the bloc on Tuesday for the European Central Bank’s failure to stop Angolan billionaire Isabel dos Santos, who is suspected of fraud, from controlling a bank in ... More »

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Take Five: Vanity Fair

LONDON (Reuters) – 1/TRADE TENSION HEADACHES Washington’s latest accusation that China is dumping wooden cabinets and vanities on U.S. shores sums up the mood between the two warring sides as they head into another round of high-level discussions. The talks in... More »

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Surfing: Brazil fires warning shot in Olympic qualifier

(Reuters) – Powerhouse Brazil showed just what a threat it will be at surfing’s Olympic debut in Tokyo next year, claiming gold and bronze in the men’s division and silver in the women’s to win top overall team honors at a qualifying competition in Japan. Less... More »

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Euro zone bond yields off lows, German fiscal plans in focus

LONDON (Reuters) – Bond yields in the euro zone were off record low levels on Monday, as a calmer tone settled in world markets and focus turned to the prospect of fiscal stimulus in Germany. Germany has the fiscal strength to counter any future economic crisi... More »

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World bonds wave recession flags as future inflation evaporates

LONDON (Reuters) – After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation. Spooked by the escalating U.S.-China trade... More »

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Take or pay: Belgian ex-king faces paternity fines

BRUSSELS (Reuters) – A Belgian court has ordered the country’s former king to pay 5,000 euros ($5,600) a day until he takes a DNA paternity test to resolve a long-running case brought by a woman who says she is his daughter. A judicial source said the 84-year-... More »

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Slowdown to showdown: Five questions for the ECB

LONDON (Reuters) – Two months after ending its massive stimulus scheme, the European Central Bank faces growing pressure to address how it will protect the euro zone economy from a protracted slowdown. Thursday’s policy meeting, news conference, and updated ec... More »

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Roman remains unearthed near famous Lisbon restaurant

LISBON (Reuters) – Portuguese archaeologists digging near one of Lisbon’s most iconic restaurants, the Solar dos Presuntos (Manor of Hams), have discovered a large Roman cemetery holding 2,000-year-old skeletons and various ancient artifacts. The necropolis wa... More »

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Plastic finds second life in Portuguese street artist’s work

PARIS (Reuters) – A lemur made of damaged car bumpers and bin lids. An owl made from plastic junk. Colorful animals have popped up in Paris as part of a new exhibition by Portuguese street artist Bordalo II, who aims to highlight the effect of waste on the env... More »

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Eurogroup chief sees room for more talks to avoid hard Brexit

LISBON (Reuters) – The head of euro zone finance ministers, Mario Centeno, said on Tuesday Europe and Britain could talk further and adjust their positions to avoid a no-deal Brexit in case Britain’s parliament rejects the deal agreed between London and Brusse... More »

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Trade deal optimism lifts European shares as exporters rally

MILAN (Reuters) – European shares rose on Wednesday driven by the export-oriented autos and tech sectors as optimism grew that the United States and China could avoid a full-blown trade war that would further brake a slowing global economy. The pan-European ST... More »

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Top seed Isner beaten by Fritz in Auckland second round

(Reuters) – Top seed John Isner suffered a 7-6(3) 7-6(5) defeat at the hands of fellow American Taylor Fritz in the second round of the Auckland Classic on Wednesday. The big-serving Isner, ranked 10th in the world, fired 26 aces but struggled on his second se... More »

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Neymar joins Messi and Ronaldo in Kazan mural club

KAZAN, Russia (Reuters) – It has been a busy World Cup for Kazan’s mural artists and in the early hours of Thursday morning they were back at work again painting the face of Neymar on a wall behind the Brazil team hotel. The Brazil forward, in Kazan for Friday... More »

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Messi gets face-saving Kazan mural to match Ronaldo’s

KAZAN, Russia (Reuters) – Kazan artists worked through the night on Friday painting a mural of Argentina’s Lionel Messi to match one of Portugal’s Cristiano Ronaldo on a building opposite, saving the blushes of the World Cup host city. The three-storey portrai... More »

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Germany’s Merkel ready to work with new Italian government

LISBON (Reuters) – German Chancellor Angela Merkel said on Thursday she would communicate with a new Italian government in an “open-minded way” amid political turbulence in Rome that has stirred fears of another euro zone crisis. She spoke in Lisbon after talk... More »

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Soccer: Portugal stumble, France impress in World Cup warm-ups

BARCELONA (Reuters) – European champions Portugal spurned a two-goal lead against Tunisia, stumbling to a 2-2 draw, as France, one of the World Cup favorites, flexed their muscles with a comfortable 2-0 win over Ireland in warm-up friendlies on Monday. Portuga... More »

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EU lawmakers push to toughen screening of foreign investments

BRUSSELS/BERLIN (Reuters) – Lawmakers in the European Parliament approved on Monday a far-reaching proposal calling for greater scrutiny of foreign investments, part of a bid to respond to a flurry of Chinese acquisitions in the European Union. Parliament’s in... More »

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Real’s Bale denies 10-man Barca win in feisty Clasico

BARCELONA (Reuters) – Real Madrid forward Gareth Bale lashed home to deny La Liga champions Barcelona victory in an ill-tempered ‘Clasico’ which finished 2-2 at the Nou Camp on Sunday after the home side had Sergi Roberto sent off at the end of the first half.... More »

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Euro zone banks continue to work off bad debt: ECB

FRANKFURT (Reuters) – Euro zone banks continued to cut their pile of soured debt in the final quarter of last year, European Central Bank data showed on Monday, working away on a key legacy of the bloc’s debt crisis which has weighed on growth and bank profits... More »

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Brazilian Koxa handed ‘world record’ for riding 80-foot wave

(Reuters) – Brazilian surfer Rodrigo Koxa was named a ‘world record holder’ at the weekend after the judging panel at the World Surf League (WSL) Big Wave Awards decided he had ridden an 80-foot (24.38m) wave in Portugal last year. Koxa won the “Biggest Wave” ... More »

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German utilities overhaul supports European stocks

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 12, 2018. REUTERS/Staff/Remote MILAN (Reuters) – European shares hit their highest level in almost two weeks on Monday, boosted by gains among German utilities ... More »

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Markets clear German hurdle, Italy up next

Traders work at Frankfurt’s stock exchange in Frankfurt, Germany, February 6, 2018. Picture taken with a fisheye lens. REUTERS/Ralph Orlowski LONDON (Reuters) – The revival of Germany’s grand coalition should aid stability and keep the euro zone’s plans for ti... More »

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Petrofac bosses to be interviewed by Britain’s fraud office

(Reuters) – British oilfield services provider Petrofac said its top management, including its chairman and executive directors, would be interviewed by Britain’s Serious Fraud Office (SFO) regarding an ongoing investigation into suspected bribery and corrupti... More »

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Two-year race for top ECB jobs start next week

FILE PHOTO: Jens Weidmann, President of German Bundesbank attends the Generation Euro Students’ Award ceremony at the European Central Bank (ECB) headquarters in Frankfurt June 20, 2012. REUTERS/Alex Domanski/File Photo FRANKFURT/BRUSSELS (Reuters) – Euro zone... More »

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Ryanair hit with first ever pilots strike

FILE PHOTO: A pilot disembarks a Ryanair flight at Stansted airport in London, Britain September 27, 2017. REUTERS/Clodagh Kilcoyne BERLIN (Reuters) – Ryanair’s efforts to avert its first ever pilots strike collapsed on Friday as pilots in Germany held a four-... More »

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European stocks rally after Brexit, banking rules deals

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, December 6, 2017. REUTERS/Staff/Remote/File Photo LONDON (Reuters) – European stocks rallied to a week’s high on Friday as Britain and the European Union announced a ... More »

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Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair

FILE PHOTO – Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem arrives at Eurozone finance ministers meeting in Brussels, Belgium July 10, 2017. REUTERS/Francois Lenoir/File Photo BRUSSELS (Reuters) – Finance ministers from Latvia, Luxembourg,... More »

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Hot and cold: Euro zone grows but inflation slows

FILE PHOTO: Customers push shopping trolleys on an escalator at the Bercy shopping centre in Charenton Le Pont, near Paris, August 29, 2013. Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts an... More »

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ECB taper fears leave euro zone bonds battered and bruised

FILE PHOTO – The dismantled Euro sign sculpture stand in front of the headquarters of the former European Central Bank (ECB) in Frankfurt July 8, 2015. REUTERS/Ralph Orlowski Euro zone government bonds steadied on Friday from another battering that left market... More »

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Cristiano Ronaldo denies accusations of tax fraud in Spain

Football Soccer – Latvia vs Portugal – 2018 World Cup Qualifying European Zone – Group B – Skonto Stadium, Riga, Latvia – June 9, 2017 Portugal’s Cristiano Ronaldo gestures Reuters / Kacper Pempel Soccer star Cristiano Ronaldo denied on Tuesday ever hiding any... More »

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Euro zone yields drop as ECB shuns taper talk

European Central Bank President Mario Draghi listens during a news conference following the Governing Council meeting in Tallinn, Estonia, June 8, 2017. REUTERS/Ints Kalnins Euro zone bond yields hit multi-month lows and the euro dipped below $1.12 on Thursday... More »

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Portugal wins Eurovision Song Contest for the first time

Portugal’s Salvador Sobral celebrates after winning the grand final of the Eurovision Song Contest 2017 at the International Exhibition Centre in Kiev, Ukraine, May 13, 2017. REUTERS/Gleb Garanich Portugal’s Salvador Sobral won the Eurovision Song Contest on S... More »

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Ukraine says detains prankster who mooned during Eurovision

Ukraine’s Jamala performs a song as security detain a fan. REUTERS/Stringer Ukrainian police have detained a Ukrainian prankster for jumping onto the stage at the Eurovision Song Contest and dropping his trousers while singer Jamala was performing, Interior Mi... More »

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Self-taught sculptor defends grinning Ronaldo bust

A bust of Cristiano Ronaldo is seen before the ceremony to rename Funchal Airport as Cristiano Ronaldo Airport in Funchal, Portugal. REUTERS/Rafael Marchante Self-taught sculptor Emanuel Santos defended his grinning bust of Cristiano Ronaldo on Thursday, telli... More »

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`Hideous` Cristiano Ronaldo statue sparks social media laughs

Cristiano Ronaldo attends the ceremony to rename Funchal Airport as Cristiano Ronaldo Airport in Funchal, Portugal March 29, 2017. REUTERS/Rafael Marchante When the island of Madeira on Wednesday renamed its airport in honor of its hometown hero Cristiano Rona... More »

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Oi shares jump on debt plan- capital questions remain

Consumers stand in front of an Oi store, Brazil’s largest fixed-line telecoms group, in Sao Paulo, Brazil June 24, 2016. REUTERS/Paulo Whitaker A new reorganization plan from Brazil’s debt-laden phone carrier Oi SA boosted shares on Thursday, but analysts cont... More »

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EU`s Vestager says Dijsselbloem`s comments were `wrong`

European Competition Commissioner Margrethe Vestager holds a news conference at the EU Commission’s headquarters in Brussels, Belgium March 13, 2017. REUTERS/Francois Lenoir The European Commission’s Competition Commissioner Margrethe Vestager criticized on We... More »

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Soccer: Juve through after penalty, red card end Porto hopes

Soccer Football – Juventus v FC Porto – UEFA Champions League Round of 16 Second Leg – Juventus Stadium, Turin, Italy – 14/3/17 Juventus’ Paulo Dybala celebrates scoring their first goal with Leonardo Bonucci Reuters / Giorgio Perottino Livepic Juventus coaste... More »

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Vodafone pays the price for inertia as rivals pull ahead

FILE PHOTO: A Vodafone logo is seen on a mobile internet dongle in this photo illustration, November 9, 2010. REUTERS/Suzanne Plunkett/Illustration/File Photo British mobile operator Vodafone risks being left on the sidelines as rivals converge to break free f... More »

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Ex-CIA spy credits Trump for saving her from Italian jail

Former CIA agent Sabrina de Sousa speaks during an interview with Reuters in downtown Lisbon, Portugal March 8, 2017. REUTERS/Rafael Marchante A former U.S. spy, newly pardoned by Italy in connection with the CIA kidnap of a terrorism suspect in Milan, has cre... More »

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IMF`s Lagarde says worried about European elections

International Monetary Fund (IMF) Managing Director Christine Lagarde delivers remarks at the Atlantic Council in Washington, U.S., February 8, 2017. REUTERS/Jonathan Ernst International Monetary Fund Managing Director Christine Lagarde said on Sunday that she... More »

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Ronaldo wins FIFA`s player of the year award

Football Soccer – FIFA Awards Ceremony – Men’s Player of the Year – Zurich, Switzerland – 09/01/17. Cristiano Ronaldo celebrates with the trophy. REUTERS/Ruben Sprich Cristiano Ronaldo won FIFA’s player of the year award for the fourth time on Monday, beating ... More »

Dollar soars as U.S. yields spike- shares divided

The German share prize index (DAX) board is seen at the trading room of Frankfurt’s stock exchange (Boerse Frankfurt) during trading session in Frankfurt Germany, October 14, 2016. REUTERS/Kai Pfaffenbach The U.S. dollar hit an 11-month peak on Monday as the r... More »

Mozambique upbeat on debt crisis, investors not so sure

A fisherman repairs nets in Maputo, Mozambique, September 26, 2016. REUTERS/Grant Lee Neuenburg/File Photo Mozambique’s finance minister has a plan to deal with a debt crisis that threatens to derail one of Africa’s most promising frontier economies but invest... More »

Euro zone house prices keep rising but no bubble yet: ECB

Pedestrians walk past the headquarters of the European Central Bank (ECB) in Frankfurt, Germany September 8, 2016. REUTERS/Ralph Orlowski The euro zone housing market is on its best run since the global financial crisis but prices on average are still only in ... More »

Cubs cursed no more as `Billy Goat` put to pasture

Nov 2, 2016- Cleveland, OH, USA- Chicago Cubs players celebrate on the field after defeating the Cleveland Indians in game seven of the 2016 World Series at Progressive Field. Mandatory Credit: David Richard-USA TODAY Sports When the long-suffering Chicago Cub... More »

Oil off the boil, shares toil, sterling in trouble

A man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon World shares tapped the brakes on Tuesday as oil prices eased back from their highest level of the year, while Britain’s sterling took anothe... More »

European soccer split as UEFA elects new president

A logo is pictured on UEFA headquarters in Nyon, Switzerland, April 15, 2016. REUTERS/Denis Balibouse UEFA elects a new president on Wednesday whose main task will be to stop what European officials say is an inexorable slide toward a breakaway soccer Super Le... More »