France opens door to EU talks on Israeli settler sanctions
FILE PHOTO: French President Emmanuel Macron walks on the deck of the amphibious helicopter carrier Dixmude docked in the French...
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Europe’s Signa toppled in property rout
VIENNA/FRANKFURT, Nov 29 (Reuters) - Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe's property crash.Controlled by Austrian magnate Rene Benko, the group is an owner of New York's Chrysler Building as well as several high-profile projects and department stores across Germany, Austria and Switzerland.The multi-billion-euro group, whose tentacles reach from Germany's best-known department store, Berlin's KaDeWe, to the country's top high-street chain Galeria and a skyscraper project, is set to send ripples...
Morning Bid: Waller to Wall St, Fed’s on the turn
A look at the day ahead in U.S. and global markets from Mike DolanAs Wall Street mourns the passing of...
Investors spy value in cheap Finnish stocks after China and Russia pain
Finnish company KONE flag flutters at their headquarters in Espoo, Finland July 17, 2018. REUTERS/Ints Kalnins Acquire Licensing RightsFinnish industrials...
Insight: Defying Pope’s calls for climate action, US Catholic bishops cling to fossil fuels
Nov 29 (Reuters) - Hundreds of Catholic institutions around the globe have announced plans to divest their finances of oil,...
EU committee backs law to relocate euro clearing from London to bloc
European Union flags fly outside the European Commission in Brussels, Belgium, November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
EU keeps EastMed gas pipeline on new list of priority projects
MILAN, Nov 28 (Reuters) - The European Commission has maintained a proposed pipeline connecting the gas reserves in the Eastern Mediterranean to Greece via Cyprus and Crete on its new list of Projects of Common Interest (PCI) published on Tuesday.Projects included in the PCI list have access to a fast-track permitting process and special funding.Energy group Edison (EDNn.MI) and Greece's DEPA International Projects are the sponsors of the project through their joint venture IGI Poseidon.The joint venture has still to take a final investment decision (FID) on the pipeline, which...
EU trailing UK capital market reforms, Frankfurt bourse official says
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 28, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - The EU is falling behind Britain in tapping into savers' money to boost the stock market, despite reforms in continental Europe being a step in the right direction, an official with Germany's bourse told Reuters."In terms of policy change, in the UK there's a realisation that we need to incentivise more capital; we're not there yet in Germany," said Stefan Maassen, head...
Four-day truce in Israel-Hamas conflict is important first step – EU’s Borrell
European Union's foreign policy chief Josep Borrell looks on during a meeting with Palestinian Prime Minister Mohammad Shtayyeh, at his...
Political noise distracts central Europe’s rate-setting
People walk in front of the Polish Central Bank (NBP) building in Warsaw, Poland, September 8, 2022. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsCentral bank governors under fire from politiciansHungarian government pushes for sharp rate cutsIncoming Polish government seeks to oust governorPoland, Hungary facing years of high inflationWARSAW/BUDAPEST, Nov 27 (Reuters) - The central bank governors of Poland and Hungary are caught up in noisy disputes with opponents over their rate-setting policy, raising new hazards for investors willing to brave central Europe's bitterly polarised politics.In Poland, governor Adam Glapinski stands accused...