Search Results for: EU
Euro to Pound exchange rate strengthens following bolstered balance of trade
August 17th, 2018
The Euro Pound (EUR/GBP) exchange rate is trading at its highest level this week after the EU released the Eurozone’s latest balance of trade data. The figure came in at €22.5bn, lengthening the previous surplus of €16.5bn and beating ...
Deutsche Bank traders reaped $35 million on Turkey turmoil
August 16th, 2018
Deutsche Bank AG fixed-income traders generated a $35 million profit in two weeks as economic turmoil in Turkey triggered a slump in assets across emerging markets, according to people with knowledge of the matter. The traders, who work on ...
European banks exposed to Turkey’s currency crisis
August 14th, 2018
Turkey’s economic crisis poses a threat to European banks with business in the country. Spain’s BBVA, Italy’s UniCredit, France’s BNP Paribas, Dutch bank ING and Britain’s HSBC are the most exposed to Turkey and vulnerable to its free-falling currency. ...
EU prepares crackdown on ‘citizenship for sale’
August 14th, 2018
Brussels is preparing to crack down on EU governments, including Malta and Cyprus, that award citizenship to rich people from outside the bloc, as concerns mount about so-called dirty money from Russia. Vera Jourova, the EU’s commissioner for justice, ...
European stocks finish in the red; What are strategists saying?
August 14th, 2018
European stocks closed with losses Monday, as Turkey’s perilous financial condition weighed on sentiment. Bayer AG shares were another big drag, after a U.S. court ruling against the company’s Monsanto unit. What are markets doing? The Stoxx Europe 600 dropped ...
Temporary and part-time jobs on the rise in Europe
August 13th, 2018
Temporary work or temporary employment (also called odd jobs) refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization. According to report issued by ...
Worried about non-EU investor, Germany may see a new law on foreign takeovers
August 13th, 2018
The German government is mulling over a proposal to change the country’s Foreign Trade and Payments Ordinance. The proposal has been sent to various ministries, and according to the Welt newspaper, a law granting the government more control could ...
The Turkish lira and the Euro to dollar fell; Emerging market currencies tumble
August 13th, 2018
Emerging market currencies tumble; U.S. futures trade lower; Turkish lira extends drop despite limits to swaps transactions. Stocks declined in Asia alongside the euro and emerging-market currencies, while Treasuries and the yen advanced, on continued turmoil in Turkey that’s ...
The Court of Justice of the European Union delivers landmark copyright ruling
August 10th, 2018
The posting on a website of a photograph that was freely accessible on another website with the consent of the author requires a new authorisation by that author Mr Dirk Renckhoff, a photographer, authorised the operators of a travel ...
Early Stocks Review: European stocks mixed; British Pound remained under pressure against the Dollar
August 10th, 2018
European stocks hovered around the flatline on Thursday amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. The pan-European Stoxx 600 was flat with almost every sector in the red. Oil and gas stocks were among ...
