Brexit an ‘economic disaster’ for UK and German trade – DIHK
BERLIN, June 22 (Reuters) - Brexit has been an "economic disaster" for trade and investment ties between the United Kingdom...
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Italy names new chief at bad loan manager Amco
MILAN, June 20 (Reuters) - Italy's Treasury has named Andrea Munari, the former head of French bank BNP Paribas' (BNPP.PA)...
Countries back contested EU nature law, seek more biodiversity funding
Environmental agents carry sacks with pine cones of Spanish firs (Abies pinsapo) after picking up them on the top of...
EU leaders set to call on China to help stop Ukraine war, official says
BRUSSELS, June 20 (Reuters) - EU leaders are set to call on China next week to help bring an end...
ECB hawks make case for erring on the side of raising rates too high
FRANKFURT, June 19 (Reuters) - Euro zone inflation could overshoot even the recently raised forecasts so the European Central Bank...
Sterling hits 10-month high against euro ahead of inflation data and BoE
LONDON, June 19 (Reuters) - The pound hit a 10-month high versus the euro on Monday as investors waited for...
European shares fall, Sartorius plunges on forecast cut
German stocks retreat from record highAirbus rises amid string of new ordersMTU Aero Engines up on FY earnings outlook hikeJune 19 (Reuters) - European shares fell on Monday, with Franco-German lab equipment maker Sartorius leading the declines, while investors cautiously awaited further stimulus measures from China to revive demand.The pan-European STOXX 600 index (.STOXX) shed 0.6%, while Germany's DAX index (.GDAXI) dropped 0.6% after closing at a record high in the previous session.Shares of Sartorius (SATG.DE) plunged 16.6%, to the bottom of the STOXX 600, after the company cut its...
Morning Bid: US Stocks fight the Fed as markets still not listening
LONDON, June 16 (Reuters) - If you looked at red-hot stock markets without following central banks, you could well assume...
Bundesbank sees German economy shrinking this year
FRANKFURT, June 16 (Reuters) - The German economy, Europe's biggest, will shrink this year and inflation will stay above 2%...
EU watchdog seeks clues on sector risks in Eurovita’s failure
LONDON/FRANKFURT, June 16 (Reuters) - EU regulators are examining an Italian insurer's failure for clues to assess the wider sector's vulnerability to rising interest rates and whether companies owned by private equity funds face extra risks, three people familiar with the matter told Reuters.Over the last year, the world's major central banks have raised interest rates in response to the swiftest pace of inflation in decades, with the European Central Bank on Thursday raising its key rate to a 22-year high and signalling more to come.The moves have helped financial...