European stocks pulled back on Thursday, failing to gain traction from a surprise drop in US unemployment claims, while Citigroup earnings disappointed. London’s benchmark FTSE 100 index ended the day down just 0.07 percent at 6,815.42 points. Frankfurt…
Browsing: EU News
US President Barack Obama will head to Brussels on March 26 to attend an EU-US summit, a European source told AFP Friday. The meeting is expected to give Obama the opportunity to mend ties with the 28-nation bloc, after tensions over revelations that…
The EU food safety watchdog warned Friday that exposure levels to Bisphenol A (BPA), already implicated as a health concern for babies, should be cut by a factor of 10. The European Food Safety Authority said a review of recent studies showed “exposure…
European stock markets rose on Thursday as investors awaited monetary policy decisions from the ECB and Bank of England and reacted to an upbeat outlook from the US Federal Reserve. Frankfurt’s DAX 30 index advanced 0.43 percent to 9,538.92 points and…
The European Commission cleared on Thursday a merger between France’s Publicis and US peer Omnicom which will create the world’s biggest advertising company. The nature of the market, “the presence of other large competitors, the relatively low barriers…
European stock markets advanced on Tuesday alongside brighter eurozone economic data and as Ireland successfully tapped the bond markets for the first time since exiting its EU-IMF bailout. London’s benchmark FTSE 100 index ended the day up 0.37 percent…
A rare opportunity to change the path of copyright in Europe has emerged, but there’s not much time to take advantage of it. The European Commission (EC) has opened up for public comment copyright policy across the European Union for the first time…
European stock markets moved higher on Friday in low-volume trade, aided by upbeat Spanish unemployment figures, but gains were capped after sharp losses elsewhere following more weak data from China. In afternoon deals, London’s benchmark FTSE 100…
BRUSSELS, Belgium — After five years of economic headlines dominating Europe, politics could be back in 2014. The states of southern Europe will be hoping their fragile signs of recovery after years of recession will firm up in 2014, but no one’…
The eurozone is finally set to return to growth in 2014 but the single currency bloc may not have put its crisis behind it as efforts to shore up its banks could boomerang. After beating back market panic that the eurozone was set to break up, eurozone…
Europe’s main stock markets rose on Friday as trading resumed after the Christmas break, but the political crisis gripping Turkey sent its currency sliding to a new record low. London’s benchmark FTSE 100 index climbed 0.85 percent to close at 6,750…
The United States and the European Union on Friday ended a third round of talks to create the world’s largest free-trade area to boost growth and jobs in their huge economies. US and EU trade officials wrapped up five days of negotiations in Washington…
The Standard and Poor’s ratings agency on Friday downgraded the European Union’s long-term credit rating one notch, from “AAA” to “AA+”, citing weaker credit worthiness among the bloc. “The downgrade… reflects our view of weaker creditworthiness among…
The European Commission said Wednesday it would ban meat from cloned animals but stopped short of imposing restrictions on produce from the offspring of such animals, a hugely sensitive issue. Animal rights groups attacked the plan as not going far…
Talks between experts from Iran and world powers on implementing last month’s nuclear deal will resume on Thursday in Geneva, a spokeswoman for EU foreign policy chief Catherine Ashton said Wednesday. “The technical talks will be resumed tomorrow and…