Archive Europe Markets

  • A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai.

    U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly two months as the world's two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war.

  • A Boeing Co. 747 passenger aircraft, operated by British Airways, a unit of International Consolidated Airlines Group SA (IAG), takes off over a row of passenger aircraft operated by British Airways at Heathrow airport in London, U.K.

    Pilots were due to strike on September 27 following a 48-hour walkout that crippled the airline earlier this month.

  • President Donald Trump announces opioid response grants to state governments in the Roosevelt Room of the White House in Washington, September 4, 2019.

    President Donald Trump said in a tweet Wednesday that he ordered the Treasury Department to "substantially increase" sanctions on Iran.

  • LONDON, Sept 18- Euro zone bond yields dipped on Wednesday before a Federal Reserve meeting that is expected to deliver the second U.S. interest rate cut of the year. Spain's bond market largely brushed off news that the country will hold its fourth election in four years on Nov. 10, after rival parties failed to break a months-long impasse in a deeply fragmented...

  • European Commission President Jean-Claude Juncker

    The risk of Britain leaving the European Union without a divorce deal remains "very real," European Commission chief Jean-Claude Juncker declared Wednesday as EU lawmakers debated the ramifications of a no-deal Brexit.

  • LONDON, Sept 18- Euro zone bond yields hardly budged on Wednesday before a Federal Reserve meeting that is expected to end with the second U.S. interest rate reduction of the year. Spanish bonds were steady, brushing off news that Spain will hold its fourth election in four years on Nov. 10, after rival parties failed to break a months-long impasse in a deeply...

  • Sept 18- Losses in luxury stocks dragged European shares lower on Wednesday, while investors remained wary of making big bets ahead of a widely expected interest rate cut by the U.S. The benchmark European index dipped 0.1%, with Paris- listed shares lagging the most. The Fed is due to release its policy statement at 2 p.m. EDT, where it is expected to reduce U.S....

  • Mario Draghi, President of the European Central Bank, departs after speaking to the media following a meeting of the ECB governing board on September 12, 2019 in Frankfurt am Main, Germany. Draghi announced the board had agreed to drop the ECB's key rate by 10 basis points in an effort to stimulate Eurozone economies.

    Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.

  • *FTSE 100 flat, FTSE 250 down 0.1%. The FTSE 100 was marginally down at 0.01%. The FTSE 250 fell 0.1%, dragged lower by a collapse in the shares of fertilizer maker Sirius Minerals after the company canceled the bond tender at the heart of a crucial project in northern England.

  • *Netherlands expected to loosen up budget. LONDON, Sept 17- Euro zone government bonds gave up some early gains on Tuesday as oil prices slipped off 3-1/ 2- month highs, although the weekend attacks on Saudi oil facilities underpinned a cautious mood in world markets ahead of this week's expected U.S. rate cut. Germany's 30- year yield was down 1 bps to 0.05%.

  • *Wall Street opens slightly weaker; dollar drifts lower. NEW YORK, Sept 17- Oil prices dropped sharply on Tuesday after a Reuters report said Saudi Arabia's crude production could be fully back on line within weeks, quicker than initially thought following weekend attacks that halved the kingdom's output. Before that, we don't really know how much oil will be...

  • CNBC's Eamon Javers reports on some of the new details out on Saturday's attack on critical oil infrastructure in Saudi Arabia.

  • Portuguese Finance Minister and Eurogroup President Mario Centeno rings the bell at the start of a meeting of Eurogroup Finance Ministers.

    EU nations are at odds on how to change rules on government spending in the 28-member bloc — an impasse that could potentially halt plans to revive the region's economy.

  • Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday, knocking out 5.7 million barrels of daily crude production — or 50% of the kingdom's oil output. NBC News reports that American intelligence indicates the drone strikes originated from Iran. CNBC's Hadley Gamble reports from Riyadh.

  • *Netherlands expected to loosen up budget. LONDON, Sept 17- Euro zone government debt yields edged lower on Tuesday as geopolitical uncertainty following the weekend attack on Saudi oil facilities underpinned a cautious tone in bond markets ahead of this week's expected U.S. rate cut. President Donald Trump said on Monday he did not want to go to war, and added...

  • BUDAPEST, Sept 17- Central European currencies and stocks fell on Tuesday amid geopolitical concerns raised by attacks on Saudi oil facilities, with Hungary's forint reaching a record 333.53 against the euro. its peers in the region this year by easing 3.7%, was down about 0.4%. "This weakening today is probably due to the renewed tensions between the United...

  • Kabul, Afghanistan

    An explosion near an election rally attended by Afghan President Ashraf Ghani killed 24 people and injured 31 others, a health official said, but Ghani was unhurt according to an aide.

  • EU Commissioner for Competition Margrethe Vestager.

    Apple challenged a $14 billion tax charge from the European Commission in the EU's second-highest court on Tuesday, escalating the landmark tax fight between the iPhone maker and EU regulator.

  • NEW YORK, Sept 16- Oil prices jumped roughly 12% on Monday after an attack on Saudi Arabian crude oil facilities over the weekend sliced the kingdom's production in half and intensified concerns of retaliatory actions in the Middle East. Brent crude futures rose as much as 19.5% to $71.95 per barrel, the biggest intraday jump since Jan. 14, 1991.

  • Boris Johnson, U.K. prime minister, departs following a Brexit meeting with Luxembourg's Prime Minister Xavier Bettel in Luxembourg, on Monday, Sept. 16, 2019.

    British Prime Minister Boris Johnson met with the European Union's top executive Jean-Claude Juncker and Xavier Bettel, the Luxembourg premier to discuss Brexit on Monday.