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 »
LONDON (Reuters) – Citigroup (C.N) has hired Robin Rousseau as a vice chairman of investment banking for Europe, the Middle East and Africa, a memo seen by Reuters shows. Based in Paris, Rousseau will focus on the bank’s French client franchise while also prov... More »
MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez said on Tuesday he was moderately optimistic about the country’s economic recovery from its worst downturn on record caused by the impact of the coronavirus pandemic. Sanchez reiterated that gross domesti... 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 »
MELBOURNE/SINGAPORE (Reuters) – Oil prices gained on Tuesday, reversing overnight losses, as investors moved into risk assets and stayed away from the safe-haven U.S. dollar which hit multi-year lows. Brent crude LCOc1 futures climbed 47 cents, or 1%, to $45.7... More »
PARIS (Reuters) – French companies will have around a week to adopt new, strict rules on the compulsory wearing of face masks in the workplace to curb the spread of COVID-19, employment minister Elisabeth Borne said on Tuesday. Borne told LCI TV that staff wor... More »
DUBLIN (Reuters) – Irish President Michael D. Higgins joined a virtual celebration of Van Morrison’s 75th birthday on Monday, namechecking U.S. civil rights champion John Lewis and author James Baldwin in a spoken-word rendition of one of the Northern Irishman... 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 »
AMSTERDAM (Reuters) – Thieves stole a painting by Dutch Golden-Age master Frans Hals from a small museum near the Dutch city of Utrecht on Thursday, police said, the third time the canvas has been stolen. The artwork, valued at 15 million euros ($18 million) b... More »
(Reuters) – Thieves stole “Two Laughing Boys” by Dutch Golden Age painter Frans Hals from a small museum near the Dutch city of Utrecht, police said on Thursday. The painting, dating from 1626, has been stolen twice before in its four-century history, includin... More »
LONDON (Reuters) – Brexit safeguards to stop asset managers in Britain running “shell” investment funds in the European Union to retain access to its markets should be hardwired into EU law, the bloc’s securities watchdog said on Wednesday. After Britain voted... More »
BERLIN (Reuters) – A new rule forcing Germans to take their dog for a walk twice a day has unleashed a debate on whether the state can decide what is best for the country’s 9.4 million pet canines. Agriculture Minister Julia Kloeckner announced this week she h... More »
SINGAPORE (Reuters) – U.S streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market. The world’s biggest ... 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 »
BERLIN (Reuters) – Germany’s anti-trust authority has launched an investigation into Amazon’s relationship with third-party traders selling on its site, its head was quoted as saying on Sunday. “We are currently investigating whether and how Amazon influences ... More »
SYDNEY (Reuters) – Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar.... More »
1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and huge government spending increases have stemmed coronavirus-linked economic damage, fuelling ... More »
BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany increased by 561 to 224,014, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. The reported death toll rose by one to 9,232, the tally showed. Source: htt... More »
LONDON (Reuters) – Britain on Monday urged elderly people and volunteers from Black and Asian minority groups to sign up to a COVID-19 vaccine trial registry to boost efforts to find a working vaccine against the disease that offers protection against higher r... 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 »
BERLIN (Reuters) – Unilever’s (ULVR.L) German food company Knorr will rename its popular “Zigeuner” – or gypsy – sauce as Hungarian-style paprika sauce after complaints that the name is offensive, becoming the latest brand to shift after a wave of protests ove... More »
NEW YORK (Reuters) – Stocks fell on Friday as data out of China, the euro zone and the United States put a lid on expectations for a sustained global rebound, with traders already worried about a delay in U.S. fiscal stimulus. A review of the U.S.-China trade ... More »
BERLIN (Reuters) – One creature’s droppings can be another’s treasure, as Germany’s Krone Circus is finding out during the new coronavirus pandemic. Home to 26 lions and tigers, the circus has found an unusual side income and raised money despite coronavirus-r... More »
BRUSSELS (Reuters) – A flock of 20,000 multicoloured origami birds has been installed in a cathedral in Brussels, Belgium, as part of a fundraising artwork that has paid for two COVID-19 units at a local hospital. Suspended from the ceiling of the medieval Cat... 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 »
MOSCOW (Reuters) – A Russian court on Monday fined Google 1.5 million roubles ($20,350) after finding it guilty of failing to block content banned in Russia, the Interfax news agency reported. Source: https://www.reuters.com/article/us-russia-alphabet-lawsuit/... More »
LONDON (Reuters) – Oil rose on Monday, supported by an improvement in Chinese factory data and rising energy demand as countries eased coronavirus-related lockdowns, but traders remained cautious due to U.S.-China tensions and uncertainty over a U.S. stimulus ... More »
LONDON (Reuters) – Global commercial insurance rates rose 19% in the second quarter, driven higher by claims related to COVID-19 and other large losses, insurance broker Marsh said on Monday. The rate rise was the highest since Marsh began its commercial insur... 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 »
BERLIN (Reuters) – Investor morale in the euro zone rose for a fourth consecutive month in August but the low reading suggests that the coronavirus-hit economy is still in recession in the third quarter, a survey showed on Monday. Sentix’s index for the euro z... 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 »
BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany increased by 436 to 216,327, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. The reported death toll rose by one to 9,197, the tally showed. Source: htt... More »
MILAN (Reuters) – Two years after part of Genoa’s Morandi motorway bridge collapsed, killing 43 people, a new structure opens in its place on Monday, an achievement in stark contrast to stalled infrastructure projects elsewhere in Italy. The new kilometre-long... More »
LONDON (Reuters) – Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies are set to wind back output cuts in August, but supported by positive industry data in Europe and Asia. Brent... More »
MILAN (Reuters) – Luxury carmaker Ferrari (RACE.MI) trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions due to the coronavirus pandemic. The company known as the ‘Prancing Horse’ ... More »
LONDON (Reuters) – The location of TikTok owner ByteDance’s headquarters is a commercial decision for the company to make, a spokesman for British Prime Minister Boris Johnson said on Monday, responding to a report that the firm could move to London. “It would... More »
LONDON (Reuters) – World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, and worries about U.S. gridlock over the next round of coronavirus aid eased. In Europe, stocks were up 1.2% as t... More »
PARIS (Reuters) – Healthcare company Sanofi Aventis France said it had been placed under formal investigation on charges of manslaughter over Depakine, which is an epilepsy drug that caused birth malfunctions and slow neurological development when taken during... More »
BELFAST (Reuters) – John Hume, a key Roman Catholic architect of Northern Ireland’s 1998 Good Friday peace agreement who won the Nobel Peace Prize for his role in ending 30 years of sectarian violence, died on Monday at the age of 83, his SDLP party said. Hume... More »
LONDON (Reuters) – Irish peacemaker John Hume was a “political giant” who did so much to help bring an end to the Troubles in Northern Ireland, British Prime Minister Boris Johnson said on Monday. Hume, a key Roman Catholic architect of Northern Ireland’s 1998... More »
GENEVA (Reuters) – The World Health Organization warned on Monday that, despite strong hopes for a vaccine, there might never be a “silver bullet” for COVID-19, and the road to normality would be long. More than 18.14 million people around the world are report... 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 »
MADRID (Reuters) – Spanish factory activity expanded in July, rebounding from its worst slowdown in almost 12 years as the economy revived after the government ended one of Europe’s strictest coronavirus lockdowns a month earlier, a survey showed on Monday. In... More »
LONDON (Reuters) – Investors in property funds should wait up to 180 days before they can get their money back to avoid widespread suspensions in rocky markets, Britain’s Financial Conduct Authority proposed on Monday. UK-regulated open-ended property funds of... More »
(Reuters) – Rory McIlroy says the coronavirus shutdown has made him more focused on adding to his tally of four major titles, the last of which came in 2014. The 31-year-old will compete in the PGA Championship at Harding Park starting on Thursday, before the ... More »
LONDON (Reuters) – British filmmaker Alan Parker, director of movies ranging from “Bugsy Malone”, a gangster comedy featuring children armed with machineguns that fired cream, to the tense prison drama “Midnight Express”, died on Friday aged 76. Parker, who al... More »
(Reuters) – Arsenal skipper Pierre-Emerick Aubameyang scored twice to help his side secure a 2-1 win over 10-man Chelsea in the FA Cup final on Saturday for a record-extending 14th crown in the competition – and a spot in next season’s Europa League. Victory a... More »
LONDON (Reuters) – A 9-tonne sculpture of a giant swirl of whipped cream with a cherry on top, as well as a fly and a drone, was unveiled on Trafalgar Square’s Fourth Plinth in London on Thursday. The sculpture by Heather Phillipson, entitled “THE END”, is the... More »
VALLETTA (Reuters) – It is the only property outside of Britain that Queen Elizabeth called home. A crumbling villa near Malta’s capital, Valletta, where the heir to the English throne lived between 1949 and 1951, is about to get a new lease of life as a museu... More »
PARIS (Reuters) – Stuck at home during lockdown, Dutch researcher Wouter van der Veen finally found time to look through old postcards of the French village where Vincent Van Gogh died and made a remarkable discovery. One postcard showing gnarled roots and tre... More »
MILAN (Reuters) – Intesa Sanpaolo (ISP.MI) succeeded in its bid for UBI Banca (UBI.MI) on Tuesday after acquiring two thirds of its target’s shares to pass a vital threshold that leaves it in full control of what will be the euro zone’s seventh-largest bank. W... More »
OSLO (Reuters) – Norway began tearing down a landmark building adorned with giant murals by Pablo Picasso on Monday as part of efforts to rebuild government headquarters after a deadly far-right bombing. Oslo’s ‘Y block’ office building, with a Picasso drawing... More »
GENEVA (Reuters) – Bans on international travel cannot stay in place indefinitely, and countries are going to have to do more to reduce the spread of the novel coronavirus within their borders, the World Health Organization said on Monday. A surge of infection... More »
(Reuters) – A decision on whether this year’s London Marathon can be held has been pushed back until Aug. 7, the organisers said on Monday. The event, originally scheduled for April 26, was postponed to Oct. 4 after the COVID-19 pandemic disrupted the internat... 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 »
SINGAPORE/LONDON (Reuters) – Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China. Brent crude LCOc1 rose 32 cent... 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) – Johnny Depp was a drug addict prone to violent rages and a misogynist who assaulted his wife and used abusive language about women, a London court was told on Monday as the actor’s libel trial against a British tabloid neared its ending. The... 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 »
FRANKFURT (Reuters) – BMW (BMWG.DE) will offer a fully electric 5-series as part of sweeping product overhaul unveiled on Monday as the German carmaker seeks to lower vehicle emissions during production and on the road. “In ten years, the goal is to have a tot... 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 »
LONDON (Reuters) – Returning to the office will bring new challenges for banks and brokerages seeking to enforce good conduct by staff, after the bulk of their employees worked from home during the coronavirus pandemic, a financial markets industry body said o... More »
LONDON (Reuters) – Johnny Depp is suing the publisher of Britain’s Sun newspaper and its executive editor Dan Wootton for libel over an article that described the movie star as a “wife beater”. The Sun’s lawyers told the court they would show the allegation in... More »
LONDON (Reuters) – British rap artist Wiley is facing a police investigation after a string of anti-Semitic comments appeared on his social media accounts, prompting his management to drop him. The rapper’s Twitter account, which has half a million followers, ... More »
LONDON (Reuters) – A man strolled down central London’s most popular shopping street on Friday with only a mask to cover his nudity, leaving passerbys astounded, amused and shocked. As the man walked nonchalantly along Oxford Street, naked except for the light... More »
LONDON/ROME (Reuters) – Activist hedge fund TCI Fund Management said it has complained to the European Commission over “illegitimate expropriation” by the Italian government of Atlantia’s motorways unit Autostrade per l’Italia. TCI, an investor in Atlantia, sa... More »
MILAN (Reuters) – Activist hedge fund TCI Fund Management, which is challenging the Italian government over the forced sale of Atlantia’s Autostrade per l’Italia (ASPI) unit, said on Friday the value of Autostrade could be between 11 and 12 billion euros. “I b... More »
TOKYO (Reuters) – The British government has asked Japan to help build its 5G wireless networks without Huawei Technologies [HWT.UL], the Nikkei said on Sunday, a further step in a global technology and security war between the United States and China. Britain... 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 »
HONG KONG (Reuters) – Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s new national security law, according to six people ... 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 »
MUMBAI/BENGALURU (Reuters) – India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its near trillion rupee ($13.35 billion) debt pile even as the pandemic delayed the resolution process in some of the gr... More »
LONDON (Reuters) – Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing talks over a European Union-wide recovery fund to revive economies affected by the pandem... 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 »
MADRID (Reuters) – Spain does not reject the setting of conditions on the disbursement of European Union funds to help countries recover from the coronavirus pandemic, nor strong governance to oversee their distribution, Foreign Minister Arancha Gonzalez Laya ... 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 »
BEIJING (Reuters) – China on Monday urged Britain to avoid making further steps down wrong path after reports that it was poised to suspend an extradition treaty for Chinese-ruled Hong Kong. Foreign ministry spokesman Wang Wenbin made the remark during a daily... More »
PARIS (Reuters) – French carmaker Renault (RENA.PA) on Monday reported a 34.9% drop in worldwide vehicle sales in the first half of the year due to the impact from the new coronavirus outbreak but said it had seen some signs of recovery in June. Sales of its Z... More »
LONDON (Reuters) – Johnny Depp is suing the publisher of Britain’s Sun newspaper and its executive editor Dan Wootton for libel over an article that described the movie star as a “wife beater”. Depp has given five days of testimony. This week, London’s High Co... More »
(Reuters) – Tiger Woods’ first PGA Tour event in five months ended with a grinding final round four-over 76 at the Memorial Tournament on Sunday, but the 15-times major winner said he was leaving Muirfield Village Golf Club focused on the positives. Woods, who... More »
(Reuters) – Six times world champion Lewis Hamilton criticised Formula One’s leaders after what he called a “rushed” anti-racism gesture by some drivers before the start of Sunday’s Hungarian Grand Prix. Hamilton, who won from pole position to take the champio... More »
PARIS (Reuters) – While the cinema drive-in may have gotten a boost as lockdowns gradually come to an end amid the COVID-19 outbreak, in Paris film fans can now munch on their popcorn watching a movie from a boat on the river Seine. As part of Paris Plages, th... More »
WASHINGTON/BERLIN (Reuters) – Finance officials from the Group of 20 major economies on Saturday vowed to resolve major differences over taxing big tech companies and reach a broad, consensus-based solution on international taxation this year. The United State... More »
MILAN (Reuters) – Italy’s Intesa Sanpaolo (ISP.MI) on Friday raised its bid for rival UBI Banca (UBI.MI) by 18%, adding a cash sweetener to secure investor backing for its plan to create the euro zone’s seventh-largest banking group. In mid-February, just befo... More »
LONDON (Reuters) – Actress and #MeToo campaigner Katherine Kendall said on Friday Britain’s Sun newspaper had deliberately misused her quotes in an article which labelled Hollywood star Johnny Depp a “wife beater”. Depp, 57, is suing the publisher of that news... 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) – A growth spurt in the balance sheets of the world’s biggest central banks has crested in recent weeks, drawing warnings from investors that any signs of backpedaling on stimulus will jolt financial markets and strangle economic recovery. The... More »
FRANKFURT (Reuters) – The European Central Bank will use its stimulus firepower fully even as the euro zone economy shows some signs of rebounding from its pandemic-induced recession, ECB President Christine Lagarde said on Thursday. Tackling the biggest econo... More »
FRANKFURT (Reuters) – The European Central Bank expects a pending European Union stimulus scheme to favour grants over loans in the funding mechanism it uses to help kick-start the bloc’s economies, bank president Christine Lagarde said on Thursday. Leaders of... More »
(Reuters) – Twice Olympic triple jump champion Christian Taylor has joined calls to allow athletes to protest peacefully during the Games as anti-racism stances are increasingly seen at sports events in the wake of George Floyd’s death in U.S. police custody. ... More »
ROME (Reuters) – Italy on Tuesday handed back to France a mural painted by British street artist Banksy which was stolen from the Paris Bataclan theatre, where militant Islamist gunmen killed scores of people in an attack in November 2015. In June 2018, Banksy... More »
BRUSSELS (Reuters) – EU antitrust regulators have again halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’ (267250.KS) $1.8 billion merger with Daewoo (042660.KS), a European Commission filing showed. This is the third tim... More »
