Europe News Europe

  • *All eyes on Italy's budget talks with EU. BUCHAREST, Oct 23- Poland's zloty eased while other Central European currencies were virtually unchanged in cautious trade on Tuesday due to uncertainties over Italy's budget plans that are to be discussed by the European Commission at a meeting later in the day. Central Europe is tightly integrated economically with...

  • BENGALURU, Oct 23- Gold jumped 1 percent to a more than three-month peak on Tuesday as investors took cover from a slide in global stocks and rising political and economic uncertainty, including concerns over Italy's spending plans. European shares were in the red after a slide in Asian markets, weighed down by negative sentiment over trade wars, Italy's...

  • *U.S. sanctions against Iran to start Nov. 4. *South Korea imported no oil from Iran in Sept. LONDON, Oct 23- Oil prices dropped on Tuesday after Saudi Arabia said it could supply more crude quickly if needed, reassuring investors ahead of U.S. sanctions on Iran's crude exports that start next month.

  • BRUSSELS, Oct 23- Apple Chief Executive Tim Cook is expected to stress the iPhone maker's commitment to privacy and backing for strong laws on both sides of the Atlantic to protect the use of data, according to remarks prepared for delivery at a Brussels event. Issues over how data is used and how consumers can protect their personal information have come under...

  • *FTSE 100 down 1.2 pct as jitter. *FTSE 250 hits lowest since Feb 2017. The FTSE 100, on track for its worst monthly performance in a decade, was down 1.1 percent by 0941 GMT, after breaching technical support at 7,000 on the open.

  • LONDON, Oct 23- James Dyson, the billionaire British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore to be close to Asian customers, supply chains and a highly skilled workforce. He has argued that Britain's future lies in building close ties with fast growing markets in Asia, and not Europe. One of Britain's most successful...

  • *Italy's budget fight with EU dents Italian bonds, euro. LONDON, Oct 23- An ugly start to European trading pushed world shares towards their lowest level in a year on Tuesday, as negative drivers from Saudi Arabia's diplomatic isolation to worries about Italy's finances and trade wars piled on the pressure. Selling escalated from Wall Street into a heavy selloff...

  • LONDON, Oct 23- European shares fell to their lowest levels in nearly two years on Tuesday after a disappointing batch of third-quarter results, particularly in the tech sector, amid ongoing worries on Brexit, Italy's budget, Saudi isolation, trade wars, Chinese growth and U.S. interest rates. The pan-European STOXX 600 was down 1.3 percent at 0838 GMT, its lowest...

  • *Q3 revenues at $479.6 mln, seen at $570- 610 mln in Q4. VIENNA, Oct 23- AMS AG's shares fell by nearly a third on Tuesday after its fourth-quarter outlook raised doubts about the mid-term targets of the Apple reliant Austrian chipmaker. Analysts have voiced doubts about when the specialist in facial recognition sensors will be able to reach its 2019 target of more...

  • STOCKHOLM, Oct 23- Sweden's Saab plans to raise 6 billion Swedish crowns to bolster its financial muscle after big contract wins that have swelled its order backlog in recent years, the defense company said on Tuesday. The company has developed the T-X trainer aircraft-- recently ordered by the U.S. Air Force-- with Boeing, while large projects in its backlog include...

  • Oct 23- Emerging-market stocks and currencies took a beating on Tuesday as concerns over Italy's budget, Brexit talks and Saudi Arabia's handling of Jamal Khashoggi's killing kept investors' appetite for risk in the doldrums. A weak lead from Wall Street overnight filtered through to stock markets, with Chinese shares falling after two strong days and South...

  • STOCKHOLM, Oct 23- Sweden's Saab plans to raise 6 billion Swedish crowns to bolster its financial muscle after big contract wins that have swelled its order backlog in recent years, the defense company said on Tuesday. The company has developed the T-X trainer aircraft-- recently ordered by the U.S. Air Force-- with Boeing, while large projects in its backlog include...

  • LONDON, Oct 23- The British pound recovered from 2-1/ 2 week lows on Tuesday but gains were limited because of continuing uncertainty about whether Prime Minister Theresa May can see off her opponents and secure Britain an exit deal from the European Union. May told parliament on Monday that the Brexit deal with Brussels was 95 percent complete, and she urged...

  • LONDON, Oct 23- The euro fell towards a two-month low on Tuesday before a meeting by the European Commission on Italy's budget that could see Brussels take the unprecedented step of rejecting it and demanding changes. A dispute over Italy's spending plans and doubts about the leadership of Britain's prime minister, mired in a stalemate over Brexit, means...

  • The cancellation comes amid mounting pressure on Riyadh over the disappearance and death of journalist Jamal Khashoggi, a U.S. resident and Washington Post columnist critical of Riyadh's policies, who disappeared on Oct. 2 after entering the Saudi consulate in Istanbul.

  • DUBAI, Oct 23- Saudi Arabia's stock market dived in early trade on Tuesday, the opening day of a three-day investment conference, amid persistent investor concern about global reaction to the killing of journalist Jamal Khashoggi. President Donald Trump said on Monday that he was still not satisfied with what he has heard from Saudi Arabia about the killing of...

  • *U.S. sanctions against Iran to start Nov. 4. *South Korea imported no oil from Iran in Sept. LONDON, Oct 23- Oil prices fell on Tuesday after Saudi Arabia said it would play a "responsible role" in energy markets, although sentiment remained nervous ahead of new U.S. sanctions on Iran's crude exports that start next month.

  • *Punitive damages slashed to $39 mln from $250 mln. In a ruling by San Francisco's Superior Court of California, Judge Suzanne Bolanos said she would slash the punitive damages award to $39 million from $250 million if lawyers for school groundskeeper Dewayne Johnson agreed. Bayer said in a statement the decision to reduce the damages was a step in the right...

  • *Q3 revenues at $479.6 mln, seen in Q4 at $570- 610 mln. *Shares fall 20.5 pct to 30.60 euros at 0814 GMT. Shares in AMS dropped by more than 30 percent in early trading and were down 20.5 percent to 30.60 euros at 0814 GMT.

  • The Dutch company's third-quarter sales came in at a little more than 6 billion euros, slightly below a forecast of 6.05 billion euros, reflecting weaker business in Germany and France. Randstad's sales in France and Germany fell 1 percent and 2 percent respectively in the quarter, compared with strong growth of 14 percent in France and 10 percent in Germany a...