Europe Top News and Analysis Netherlands

More

  • PARIS— French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year. Europe's number three car maker says Friday it made 2.8 billion euros in 2015, up from 1.9 billion a year earlier. It forecast 2 percent market growth in Europe this year, and between 1 and...

  • Germany's DAX index ended the day up 2.5 percent at 8,967.51 while Britain's FTSE 100 gained 3.1 percent to 5,707.60. Bank shares led the way on Friday, with Deutsche Bank rallying 11.8 percent after saying it would buy back over $5 billion worth of its own bonds. Commerzbank jumped 18 percent after it announced its first dividend since 2007..

  • WITHAM, England, Feb 12- Striding through a housing estate in the drizzle to hand out leaflets, 52- year-old builder Kevin Lovett throws up his arms in despair as he rails against the deceit he sees at the heart of the European Union. Pitching their dream of a proud Britain breaking free from a German-dominated bloc, the "Out" campaigners cast leading pro-Europeans...

  • LONDON, Feb 11- "The aluminum market continues to, in our view, face the greatest bearish fundamental shock in a generation, and perhaps, in its history." The Wall Street heavyweight is now projecting aluminum will trade at $1,350 per tonne on a 12- month horizon, down from its previous estimate of $1,550. On the London Metal Exchange three-month metal is today trading...

  • Feb 11- France's largest bank BNP Paribas is pulling out of a niche U.S. energy lending business for the second time in four years after plunging oil prices dragged what was once seen as some of the safest energy loans into losses. BNP shut its reserve-based lending business in Houston last week after 13- year-low oil prices stoked concerns of rising loan...

  • BRUSSELS, Feb 11- When British Prime Minister David Cameron meets fellow EU leaders in Brussels in a week, they will argue over stubborn differences on a broadly agreed text on EU reform to help keep Britain in the bloc. One of only two EU states neither to use the euro nor be bound to adopt it in time, Britain stands alone in insisting there will never be just one...

  • President Barack Obama on Thursday called the Supreme Court's decision to delay implementation of his administration's Clean Power Plan "unusual" and expressed confidence that the White House would prevail. The Supreme Court on Tuesday delivered a blow to the plan, the centerpiece of Obama's climate change policy and backbone of his administration's...

  • President Barack Obama on Thursday called the Supreme Court's decision to delay implementation of his administration's Clean Power Plan "unusual" and expressed confidence that the White House would prevail. Obama said the Supreme Court had in fact required the Environmental Protection Agency to regulate carbon emissions under the Clean Air Act if they...

  • CHICAGO, Feb 11- U.S. soybean futures rose 1.3 percent on Thursday as the U.S. Agriculture Department's report of stronger-than-expected exports spurred a round of short-covering, traders said. "All things considered, we still have some demand," said Bill Gentry, a broker at Risk Management Commodities in Chicago. The USDA said on Thursday morning that weekly...

  • The Department of Environmental Conservation sent a letter to New Jersey- based Honeywell International and Saint-Gobain Performance Plastics, part of a Paris- based global conglomerate, demanding that they enter into binding consent orders to finance a state Superfund cleanup launched four weeks ago in Hoosick Falls, a small village on the Vermont border.

  • Treasury sanctions key Islamic State leaders Thursday, 11 Feb 2016 | 3:01 PM ET

    WASHINGTON— The Treasury Department is sanctioning three leaders of the Islamic State, including a senior oil official, who are instrumental in the group's finances and recruitment. Thursday's action is another step in the Treasury's efforts to disrupt the group's ability to profit from illicit oil sales in Iraq and Syria and hamper its access the...

  • Business events scheduled for the coming week Thursday, 11 Feb 2016 | 2:48 PM ET

    WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • BRUSSELS— Greece and its international creditors are still weeks away from any possible agreement about the targets that Athens must meet to secure billions to rebuild its shattered economy. He said technical-level talks must continue at a good pace so senior officials can return to Athens "and reach agreement in a few weeks. In return for a bailout worth...

  • WASHINGTON— Protecting the privacy of law-abiding citizens from the government is a pillar of Ted Cruz's Republican presidential candidacy, but his campaign is testing the limits of siphoning personal data from supporters. Cruz's sophisticated analytics operation was heralded as key to his victory in Iowa earlier this month— the first proof, his campaign...

  • L'Oreal 2015 sales up across markets, net profit down Thursday, 11 Feb 2016 | 12:53 PM ET

    PARIS— Leading global cosmetics company L'Oreal saw its sales grow 12 percent last year, with increases across old and new markets despite difficulties in Brazil and global economic uncertainty. The Paris- based company reported Thursday that its net profit fell to 3.3 billion euros in 2015 from 4.9 billion euros the year before. L'Oreal said growth...

  • Portugal's fellow euro states keep wary eye on its budget Thursday, 11 Feb 2016 | 11:39 AM ET

    BRUSSELS— Portugal's fellow states in the 19- nation eurozone are keeping a wary eye on its new government's plans to roll back budget austerity measures, with the bloc's top executive and Germany both warning the country not to miss deficit targets. Although Portugal has received conditional approval for its budget from the European Commission, German...

  • LONDON, Feb 11- Sterling fell to a 15- month low against a basket of currencies on Thursday, as investors fretted about slowing global growth prospects and their impact on the UK economy, with some pricing in risks of an interest rate cut in Britain. Interest rate markets are not pricing in a Bank of England rate hike until 2020. Sterling was down 0.5 percent against...

  • LONDON, Feb 11- Fears that the negative interest rates employed by a growing band of central banks could be doing irreparable damage to the financial sector are spurring a search for even more radical alternatives. The Bank of Japan has just become the latest central bank to join the sub-zero club, Sweden took its rates even deeper into negative territory on...

  • PARIS, Feb 11- Five small bronze statues by French 19th century sculptor Auguste Rodin will be auctioned in Paris next week, including a cast of his celebrated "The Kiss", which is estimated at 1.5 to 2 million euros. The five statues, to be sold by auction house Drouot on Tuesday, come from the collection of late French art dealer Jean de Ruaz, who bought them from the...

  • LONDON, Feb 11- "The aluminium market continues to, in our view, face the greatest bearish fundamental shock in a generation, and perhaps, in its history." The Wall Street heavyweight is now projecting aluminium will trade at $1,350 per tonne on a 12- month horizon, down from its previous estimate of $1,550. On the London Metal Exchange three-month metal is today...