World Business News
EU Bloc May Use Quotas, Safeguards to Curb Chinese Imports
EU Trade Commissioner Maroš Šefčovič said the bloc may impose quotas or tariffs on more Chinese industries, naming plastics as an advanced case, as…
Category: Eurozone
Stocks and Markets
Euro Zone Growth Slows to Four-Month Low as Costs Climb and France Contracts, Flash PMI Shows
The euro zone flash Composite PMI fell to 51.9 in October from 53.1, missing forecasts, as energy and transport costs rose and French output…
oil and gas
Europe Faces Winter Gas Supply Risks as Storage Levels Lag and Geopolitical Tensions Drive LNG Prices Higher
Europe enters winter with weaker gas reserves, rising LNG competition and geopolitical risks, keeping global gas prices elevated.
World Business News
Carrefour Cuts 2026 Profit Targets as Riots and Curfews in France Hit Stores
Carrefour lowered its 2026 earnings, margin and cash-flow targets after unrest in France damaged about 50 stores and forced closures, even as third-quarter like-for-like…
World Business News
Merck KGaA to Buy Silence Therapeutics for US$1.3 Billion in Rare Blood Disease Push
Germany's Merck KGaA will pay US$20 per ADS in cash for UK-based Silence Therapeutics, a 130% premium, to secure divesiran, a phase 3-ready siRNA…
World Business News
Lagarde Says Energy Shock Too Big for ECB to Ignore, Urges Governments to Keep Relief Temporary
ECB President Christine Lagarde told the IMF's steering committee that the Middle East energy shock warrants a measured policy response, with euro area inflation…
Stocks and Markets
European Shares Edge Higher as ASML Results Lift Tech, Healthcare Hits Five-Week High
The STOXX 600 gained 0.43% to 637.75 as ASML results calmed AI-demand worries and healthcare stocks reached their highest level since early September.
Stocks and Markets
European Stocks Edge Lower as Chip Selloff Offsets Bank and Energy Gains
The STOXX 600 ended Tuesday marginally lower as a global chip rout hit ASML and Infineon, while Finnair jumped 11% after raising its outlook.
China
China Closes Trust Gap with U.S. in Central and Eastern Europe
China is narrowing the consumer trust gap with the U.S. in Central and Eastern Europe, reflecting a shift in reputation dynamics.
Digital Euro
The Digital Euro: Europe’s Shift Toward a Central Bank Digital Currency
The ECB plans to issue a digital euro to ensure secure, public digital payments across euro area nations, enhancing monetary stability.
Eurozone
Eurozone investor morale strengthens beyond expectations
Eurozone investor sentiment strengthened in August, exceeding expectations as improving economic conditions and business confidence raised hopes for a gradual recovery.