Search Results for: EU
Eurozone economic activity increased at its fastest rate since the debt crisis in 2011
January 4th, 2017
Economic activity in Eurozone industry in December expanded at the fastest pace since the currency union’s debt crisis started to hit, according to a closely watched indicator. The Eurozone composite purchasing managers’ index (PMI) – which measures activity throughout ...
First legal test case against Volkswagen raising pressure to compensate customers in Europe
January 4th, 2017
German consumer rights champion myRight filed the first legal test case against Volkswagen in Germany on Tuesday (3 January), raising pressure on the carmaker to compensate customers in Europe over the emissions scandal. Europe’s largest automaker has pledged billions ...
Euronext makes irrevocable cash offer to acquire LCH.Clearnet SA
January 3rd, 2017
Euronext has made an irrevocable all-cash offer to LCH.Clearnet Group Limited (“LCH.Clearnet Group”) and London Stock Exchange Group plc (“LSEG”) to acquire LCH.Clearnet SA (“Clearnet”), in relation to which terms and conditions have been agreed. Clearnet has commenced a ...
Deutsche Börse cash markets achieve third strongest year since 2010
January 3rd, 2017
Turnover on Xetra, Börse Frankfurt and Tradegate Exchange totals €1.38 trillion Daimler AG is equity with the highest order book turnover 2016 with €69.5 billion Order book turnover in December was €116.2 billion Deutsche Börse cash markets recorded a ...
European bourses started the last trading day of 2016 slightly in the red
December 30th, 2016
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. The London Stock Exchange will close early Friday at 12:30 ...
Monte Paschi to issue 15 billion euro in debt after EU approves liquidity support – paper
December 30th, 2016
Italy’s Banca Monte dei Paschi di Siena (BMPS.MI), which is being bailed out by the state, plans to issue 15 billion euros ($15.8 billion) of debt next year to restore liquidity and boost investor confidence, several newspapers said on ...
Euro Climbs Along With Oil as Japan Stocks Decline: Markets Wrap
December 30th, 2016
European currency spiked as much as 1.6% versus greenback Crude climbed after first daily decline in nine days The euro spiked higher as the dollar weakened for a second day and oil advanced in thin end-of-year trading. Japan’s Topix ...
Euro zone corporate lending hits highest rate since 2009
December 29th, 2016
Bank lending to euro zone companies grew at the fastest pace since the end of the global financial crisis last month as the European Central Bank tries to stimulate the economy after years of anaemic growth. The figures suggest ...
European stocks end mixed; miners gain
December 29th, 2016
European stock markets closed mixed in light post holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca Monte dei Paschi di Siena. The Stoxx Europe 600 index ...
Oil, EU exit and diversity will dominate law sector in 2017
December 28th, 2016
The impact of the downturn in the oil and gas industry will continue to be felt in 2017, despite some signs that the worst is over for the sector, according to Ledingham Chalmers chairman Jennifer Young. However, Ms Young, ...
