Search Results for: euro
Emerging Stocks Advance as Oil Declines While Europe Stoc
June 30th, 2014
Emerging-market stocks rose, extending the biggest quarterly advance since September 2012. Shares in Europe fell, while oil declined as continuing violence in Iraq failed to disrupt supply. The MSCI Emerging Markets Index (BUSY) climbed 0.4 percent at 7:25 a.m. ...
European Commission steps in to help Bulgarian banks
June 30th, 2014
The European Commission has approved a request from Bulgaria to provide funding for some of the country’s biggest banks. The Commission extended a credit line of 3.3bn levs ($2.3bn; £1.4bn) to help banks that Bulgarian authorities believe have been ...
Europe Stocks Rebound From Four-Day Loss as Dialog Jumps
June 26th, 2014
European stocks rose, rebounding from a four-day losing streak, as investors awaited data to assess the health of the U.S. economy. U.S. index futures were little changed, while Asian shares advanced. Dialog Semiconductor Plc and AMS AG climbed more ...
European Stocks Decline for Fourth Day Amid Iraq Violence
June 25th, 2014
European stocks fell for a fourth day, the longest stretch in seven weeks, as violence in the Middle East escalated. U.S. index futures were little changed, while Asian shares declined. GDF Suez SA dropped 3 percent after France said ...
UBS Belgium Chief Charged in Multibillion-Euro Tax Probe
June 20th, 2014
Marcel Bruehwiler, chief executive of UBS AG’s (UBSN) Belgium unit, was charged in Brussels as part of a probe into a multibillion-euro tax fraud, accelerating the latest tax-evasion inquiry facing the Swiss bank. Prosecutors said the investigation deals with ...
European Stocks rise as Fed Signals Support Amid Recovery
June 19th, 2014
European stocks rose after the Federal Reserve repeated its pledge to leave interest rates near their record low and said the world’s largest economy should experience sustained growth. U.S. stock futures were little changed, while Asian shares rallied. Rolls-Royce ...
China Blocks European Shipping Pact, Sending Maersk Down
June 18th, 2014
A.P. Moeller-Maersk A/S (MAERSKB) said it is working on alternative plans to cut costs and address overcapacity in the freighter market after Chinese regulators unexpectedly blocked formation of a global shipping alliance. “We have different tools in our toolbox ...
European court to rule on allegations Facebook passes personal data to NSA
June 18th, 2014
A European court has been asked to rule on a landmark case which seeks to force watchdogs to audit the personal data Facebook allegedly releases to US spy chiefs. The high court in Dublin has referred to Strasbourg a ...
European companies continue to be impacted by the sovereign debt crisis
June 16th, 2014
Despite signs of improving stability in the European economy, strong headwinds from the sovereign debt crisis continue to impact corporate defaults. The sovereign debt crisis affecting much of Europe continued to impact the economic stability of the entire continent ...
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
