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Banking

EU to propose sanctions on violent Israeli settlers in West Bank

European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Dec 11 (Reuters) - European Union foreign policy chief Josep Borrell said on Monday he would propose sanctions against Jewish settlers responsible for violence against Palestinians in the Israeli-occupied West Bank.Borrell was speaking after EU foreign ministers debated possible next steps in their response to the Middle East crisis triggered by Palestinian militant group Hamas's deadly Oct. 7 attack on Israel from Gaza.While much international attention has focused on the...
Economy

Generative AI a stumbling block in EU legislation talks -sources

Technology leaders attend a generative AI (Artificial Intelligence) meeting in San Francisco as the city is trying to position itself as the “AI capital of the world”, in California, U.S., June 29, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSTOCKHOLM/BRUSSELS/LONDON, Dec 1 (Reuters) - EU lawmakers cannot agree on how to regulate systems like ChatGPT, in a threat to landmark legislation aimed at keeping artificial intelligence (AI) in check, six sources told Reuters.As negotiators meet on Friday for crucial discussions ahead of final talks scheduled for Dec. 6, 'foundation models', or...
Funds

Infrastructure funds prepare sales of airports in UK and Italy-sources

A aircraft taxis past the control tower at Edinburgh Airport in Scotland April 23, 2012. REUTERS/David Moir/File Photo Acquire Licensing RightsLONDON, Dec 1 (Reuters) - A group of infrastructure investors around Europe are working on the sale of their stakes in European airports, leveraging on the recovery of travel in the wake of the COVID-19 pandemic, according to bankers, investors and industry sources.Among the largest of the airports that may see a change of ownership as soon as 2024 is Edinburgh, five of the sources said.Its owner Global Infrastructure Partners...
Banking

European shares post best month since Jan as tumbling inflation spurs rate cut bets

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 7, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsItaly's FTSE MIB hits 15-year highEuro zone inflation tumble pits ECB against marketsASR jumps after final settlement with interest groupsSTOXX 600 adds 0.5%Nov 30 (Reuters) - European shares hit a more than two-month high on Thursday, ending November sharply higher, after data showing a drop in inflation in the U.S. and Europe boosted bets that central banks will soon be cutting interest rates.The pan-European STOXX 600 (.STOXX)...
Banking

European shares rise to fresh two-month peak as oil majors rally

A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker//File Photo Acquire Licensing RightsNovo Nordisk invests $2.3 bln to boost obesity drug productionEuro zone business activity falls in NovECB minutes: Policymakers cautiously optimistic about inflationSTOXX 600 up 0.3%Nov 23 (Reuters) - European shares rose on Thursday, supported by gains in energy stocks, while investors digested minutes of the European Central Bank's (ECB) October meeting where policymakers were cautiously optimistic about inflation falling in the euro zone.The pan-European STOXX...
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