Search Results for: German
British pound slips from six-week highs before EU summit
September 19th, 2018
The British pound pulled back from six-week highs on Tuesday as traders booked profits and investors struck a more cautious note about progress towards a Brexit deal ahead of a European Union summit this week. Sterling has rallied around ...
ESMA finds high level of diversity in national markets for structured retail products
September 18th, 2018
The European Securities and Markets Authority (ESMA) has carried out a study of the EU market in structured retail products, from an investor protection perspective. The research breaks down the EU market geographically into national retail markets and found ...
European stocks keep steady; The pan-European STOXX 600 rose 0.1 percent
September 18th, 2018
The pan-European STOXX 600 reversed early losses to rise 0.1 percent at the close, while Germany’s DAX, home to large exporters and carmakers, was down 0.2 percent. Wall Street opened slightly lower but the dip did not change the ...
Positions, problems and prospects of EU ‘digital tax’ proposal
September 14th, 2018
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such as Apple, Facebook and Google – yet the political battle ...
European stocks end lower; What is driving the market?
September 14th, 2018
Europe’s main stock gauge gave up modest early gains to close slightly lower on Thursday, with the U.K. leading the way lower as the pound strengthened against a broadly weaker U.S. dollar. What are markets doing? The Stoxx Europe ...
VW investors seek $11bn in damages over emissions-cheating scandal
September 12th, 2018
Around 1,670 claims have been lodged against Volkswagen (VW) by its shareholders. They claim the automaker should have informed them about the diesel emissions problem before regulators did in 2015. Angry investors are seeking €9.2 billion ($10.7 billion) in ...
Pan-European tax fraud web leads to New Jersey and Dubai
September 12th, 2018
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, Danish investigators stumbled on a corporation in Delaware whose name ...
Dollar dips as Pound bounce; Emerging currencies seen curbing safe-haven dollar’s fall
September 6th, 2018
The dollar sagged on Thursday as the pound led a bounce in European currencies, although skittish emerging market currencies and global trade concerns limited the greenback’s losses. The Australian dollar also dipped, failing to draw support from slightly better-than-expected ...
European stocks finished deep in the red; The biggest losers in Europe
September 5th, 2018
European stocks finished Tuesday deep in the red, amid fears of a crisis in emerging markets and trade tensions between the U.S. and major economies. The pan-European Stoxx 600 slipped to a two-month low during trade, finishing the session ...
Sterling falls as Brexit headlines sap demand
September 4th, 2018
Sterling fell on Monday as the latest Brexit headlines sapped investor sentiment, after the British currency gained to its highest in nearly a month last week. Prime Minister Theresa May’s Brexit strategy means disaster for Britain, former foreign secretary ...
