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Archive Europe: Economy

  • Britain's unbeaten IBF title holder earned a sensational victory by knocking down the 41-year-old former champion twice in the 11th and penultimate round.

  • A pro-remain protester holds up an EU flag with one of the stars symbolically cut out in front of the Houses of Parliament shortly after British Prime Minister Theresa May announced to the House of Commons that Article 50 had been triggered in London on March 29, 2017.

    European Union leaders endorse a stiff set of divorce terms for Britain at a summit on Saturday.

  • Even before the European Union and Britain kick off their divorce negotiations, there is already a fight between the two that could affect the talks. EU Commission President Jean-Claude Juncker says Britain currently blocks the decision-making on a review of the EU's long-term budget, and he sees a link with the upcoming talks. He said the mood at the one-day...

  • Italians are watching their flag carrier go into yet another financial tailspin.

  • ROME/ MILAN, April 29- Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would be better for the country if it crashed. It's a dead weight, " Angelino Ghinelli tweeted into a social media storm that has not gone unnoticed in Rome, where ministers have so far shown a strong reluctance to make...

  • ROME/ MILAN, April 29- Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would be better for the country if it crashed. It's a dead weight, " Angelino Ghinelli tweeted into a social media storm that has not gone unnoticed in Rome, where ministers have so far shown a strong reluctance to make...

  • BRUSSELS— European Union leaders vowed Saturday to stand shoulder-to-shoulder behind their negotiating team during the divorce proceedings with Britain and warned that demands from British Prime Minister Theresa May will be dealt with "firmly." The negotiations themselves are to open shortly after Britain holds an early election on June 8.

  • YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting. SYDNEY- Reserve Bank of Australia board meeting on monetary policy- 0430 GMT. TOKYO- ASEAN +3 Finance and Central Bank Deputies Meeting Working Group.

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • *MSCI World index poised for best month since 2006. NEW YORK, April 28- World stock markets dipped on Friday, with U.S. equities losing ground after a soft reading on first-quarter economic growth, while the euro strengthened as euro zone inflation rose to hit the European Central Bank's target. "The GDP numbers today are questioning the robustness of the economy...

  • April 28- U.S. stocks were slightly lower in early afternoon trading on Friday after data showed the economy grew at its weakest pace in three years in the first quarter. Other data showed that the University of Michigan's final April consumer sentiment index was at 97, below analysts' expectations of 98.. "The U.S. consumer spending is the most sensitive part of...

  • TBILISI, April 28- Georgia's economic growth accelerated to 5 percent year-on-year in the first quarter of 2017 from 2.3 percent in the same period a year ago, the National Statistics Service said on Friday, helped by a rise in exports and by remittances from Georgians living abroad. The former Soviet republic, through which pipelines carry Caspian oil and gas to...

  • *MSCI World index poised for best month since 2006. NEW YORK, April 28- World stock markets dipped on Friday, with U.S. equities stalling after a soft reading on first-quarter economic growth, while the euro strengthened as euro zone inflation rose to hit the European Central Bank's target. First-quarter earnings are currently expected to grow by 13.6 percent,...

  • *Spanish economy beats forecasts, Austria, France also grow. European Central Bank chief Mario Draghi struck a cautious note on Thursday, sending yields lower, but numbers out on Friday strengthened the belief that the ultra-loose policy stance cannot last. "The ECB has been looking through fluctuations in the headline inflation rate and looking at core...

  • NEW YORK, April 28- The euro rose against the U.S. dollar on Friday after strong euro zone inflation figures, while the dollar jumped against the yen after U.S. wages data suggested the Federal Reserve would still hike interest rates two more times this year. Official flash estimates put euro zone inflation at 1.9 percent in the first quarter, on the verge of...

  • House Speaker Paul Ryan delivers a speech during the swearing in of the 115th Congress, January 3, 2017.

    Our live blog tracked market reactions as the U.S. House voted to extend the deadline on passing a spending bill to May 5th.

  • HAMBURG, Germany, April 28- When port manager Axel Mattern looks out onto the Elbe River from his office in Hamburg's historic warehouse district, he can literally count the rising number of container ships leaving Germany's biggest harbour. The sharp increase in demand for "Made in Germany" goods from around the world is pushing Europe's largest economy into...

  • MOSCOW, April 28- Russia's central bank cut its key interest rate on Friday for the second time this year and hinted at more cuts to come as inflation, already at a post-Soviet low, continues to fall. The rate cutting cycle will contribute to a recovery in the economy, which suffered two years of contraction due to a drop in oil prices and Western sanctions against...

  • LONDON, April 28- Britain's economy slowed sharply in the first three months of 2017 as households and high streets felt the pinch from higher inflation, which has risen sharply since last year's Brexit vote. Last year, Britain vied with Germany to be one of the fastest growing of the world's major advanced economies with annual growth of 1.8 percent, defying...

Contact Europe: Economy

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