French government rams long-term budget bill through parliament
PARIS, Sept 28 (Reuters) - The French government rammed a long-term public finance bill through parliament without a vote, in...
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European shares snap 4-day losing streak, insurers lag as NN Group falls
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 25, 2023. REUTERS/Staff Acquire Licensing RightsNN Group shares fall after unfavourable court rulingH&M shares rise as Q3 beat dwarfs weak September salesItalian-German risk premium at highest since May ahead of Italian budgetSTOXX 600 up 0.4%Sept 27 (Reuters) - European shares rose on Wednesday after four straight sessions of losses, while insurance stocks capped the gains as Netherlands' largest insurer NN Group fell after an unfavourable court ruling.The pan-European STOXX 600 index (.STOXX) added...
French EU funds at risk if lawmakers don’t adopt finance plans -minister
French Finance Minister Bruno Le Maire attends the German cabinet's weekly meeting at the Chancellery in Berlin, Germany September 13,...
Morning Bid: Shutdown, oil, auctions and China rankle
The U.S. Capitol Building is seen in Washington, U.S., August 31, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing RightsA look at...
No ‘sea of death’: Pope calls for pan-European action on migration
MARSEILLES, France, Sept 23 (Reuters) - Pope Francis on Saturday condemned "belligerent nationalisms" and called for a pan-European response to...
Morning Bid: Bank of Japan also holds policy and stays dovish
Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo, Japan September 20, 2023. REUTERS/Issei Kato...
Analysis: Europe’s currencies feel fresh pain as central bank support fades
Sterling, Swiss franc hurt after cbank decisionsWeaker growth, rate cut prospects hurt European FXVolatility expected to pick upLONDON, Sept 21(Reuters) - There's no respite for struggling European currencies as a likely pause in central bank interest-rate rises and a weakening economic outlook puts the focus on prospective rate cuts ahead.Sterling slid to a more than six-month low against the dollar on Thursday, even after the Bank of England held rates at a 15-year high and pledged to raise borrowing costs again if it cannot tame inflation.The Swiss franc , one...
Dollar reigns as Europe’s central banks spring some surprises
World stocks on longest losing streak since MarchDollar highest since MarchSwiss franc tumbles on surprise SNB rate holdSterling drops as...
Morning Bid: Fed leaves shoe dangling in policy parade
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022....
EU court says $748 million Belgian tax scheme is illegal state aid
BRUSSELS, Sept 20 (Reuters) - European Union's second-top court on Wednesday backed an EU competition regulator's decision against a 700-million-euro ($748 million) Belgian tax scheme for 55 multinationals, in a major win for EU antitrust chief's crackdown on sweetheart tax deals.The Luxembourg-based General Court had in 2019 annulled Margrethe Vestager's decision after Belgium and about 30 of the companies challenged it.Beneficiaries of the Belgian scheme that dated from 2005 included U.S. manufacturer Magnetrol, oil company BP (BP.L), chemical producer BASF (BASFn.DE), Wabco, Cellio, Atlas Copco (ATCOa.ST) and Belgacom, now Proximus...