Rescue ships dock in Spain as migrant debate roils Europe

Rescue ships dock in Spain as migrant debate roils Europe

VALENCIA, Spain — Ships in the Aquarius aid convoy docked Sunday at the Spanish port of Valencia, ending a weeklong ordeal for hundreds of people who were rescued from the perilous Mediterranean only to become the latest pawn in Europe’s battle over immigration. The Italian coast guard vessel Dattilo was the first of the three […]

Ford Is Still Cruising Along in Europe

Ford Is Still Cruising Along in Europe

Ford Motor Company (NYSE:F) said that its sales in Europe rose 0.6% in May from a very good year-ago result, on strong sales of SUVs, commercial vehicles, and a big jump in sales of the outgoing version of the compact Focus. Ford has nearly overcome a weak start to 2018 in the Old World, when […]

Eastern Europe is a real threat to the City

Eastern Europe is a real threat to the City

Frankfurt has already loosened up its labour laws to attract more 24/7 bankers. The Banque De France has already started publishing its regulatory forms in English to make it easier for London-based firms to re-locate there. Officials from both cities have been spending months touring the banks and brokerages of the Square Mile, and as […]

Economic Growth in US Leaves World Behind

Economic Growth in US Leaves World Behind

Updated June 14, 2018 8:05 p.m. ET The U.S. economy is revving up just as Europe and other major economies lose steam, jeopardizing a rare period in which the world’s largest economies have been accelerating in unison. The European Central Bank on Thursday took another step toward ending the massive stimulus measures it has used […]

European stocks drive higher as ECB plans to end bond buys in December

European stocks drive higher as ECB plans to end bond buys in December

Stocks across Europe turned higher Thursday, as the European Central Bank said it will wrap up bond purchases by the end of 2018 and keep interest rates low for at least another year. Mining shares, however, were still bruised by concerns about China’s economic health. How markets are performing The Stoxx Europe 600 Index […]

US LNG: Fulfilling A Strategic Role In Transatlantic Trade

US LNG: Fulfilling A Strategic Role In Transatlantic Trade

Europe’s liquefied natural gas imports have surged sixteen percent (from 40.9 bcm in 2016 to 47.4 bcm in 2017) to become the third largest source of gas supply after Russia and Norway. The re-emergence of Europe as a major LNG market came after years of coal and nuclear power plant retirements as well as steep […]

Merkel Calls Out Trump, Citing Services Surplus With Europe

Merkel Calls Out Trump, Citing Services Surplus With Europe

Chancellor Angela Merkel said the U.S. runs a trade surplus with Europe when services are included, marshaling a rebuff to President Donald Trump’s sustained criticism of German manufacturing exports. Merkel speaks at the Christian Democratic Union business conference. Photographer: Krisztian Bocsi/Bloomberg In a speech in Berlin, Merkel said the topic was discussed at last week’s […]

Winds of change blow through Europe's power sector

Winds of change blow through Europe's power sector

The upcoming privatisation of a Dutch utility highlights the changing landscape of Europe’s power sector. Owned by more than 50 cities, analysts expect Eneco to fetch more than €3bn. However, the potential sale has sparked the interest of much larger rivals as Eneco has things many of them covet — a range of home energy […]

Yanis Varoufakis: Ireland a tax haven 'free-riding' on Europe

Yanis Varoufakis: Ireland a tax haven 'free-riding' on Europe

Ireland is a tax haven “free-riding” on the rest of Europe, and remains deeply divided since the crash, former Greek finance minister and author Yanis Varoufakis has claimed. Speaking at an event in Munich hosted by the Ifo institute for economic research, Mr Varoufakis said the euro zone was unsustainable and would impoverish peripheral countries […]

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