European stocks struggle as PMIs fail to provide a lift

European stocks struggle as PMIs fail to provide a lift

European stocks pulled lower Monday, as investors juggled a new pile of corporate earnings, including from Swiss lender UBS Group AG, alongside fresh monthly readings on European services and manufacturing activity that showed signs of weakness. The moves come ahead of this week’s European Central Bank meeting. How indexes are moving The Stoxx Europe 600 […]

Council of Europe members suspected of corruption, inquiry reveals

Council of Europe members suspected of corruption, inquiry reveals

Several members of the Council of Europe’s parliamentary assembly broke the body’s rules on ethics and are “strongly suspected” of corruption, according an internal inquiry. The report, revealed on Sunday, ends a 10-month investigation into cash-for-votes allegations focused on Azerbaijan, which have rocked the Strasbourg-based international organisation. The council, one of Europe’s oldest human rights […]

Macron May Be Europe's Best Chance to Avert Trump's Trade Threat

Macron May Be Europe's Best Chance to Avert Trump's Trade Threat

France’s Emmanuel Macron lands in Washington Monday with a mission to take the edge off Donald Trump’s “America First” foreign policy, for Europe at least. As Macron arrives for the first state visit of Trump’s presidency, the U.S. leader is threatening to upend the global trading system with tariffs on China, maybe Europe too, and […]

Avicii, top electronic dance music artist, found dead at 28

Avicii, top electronic dance music artist, found dead at 28

Image copyright Reuters Image caption DJ Avicii – real name Tim Bergling – died on Friday, his representative announced Swedish DJ Avicii, one of the world’s biggest dance music stars, has died in Oman at the age of 28. Avicii’s club anthems include Wake Me Up, Levels, and recently, Lonely Together with Rita Ora. His […]

London has warmest April day in nearly 70 years, as enormous heat dome consumes Europe

London has warmest April day in nearly 70 years, as enormous heat dome consumes Europe

American (GFS) model simulation of intense area of high pressure at high altitudes, known as heat dome, parked over Germany on Thursday. (PivotalWeather.com) While abnormally cold weather continues to grip the Eastern United States, a full-fledged dose of summer weather has overtaken much of Europe. An enormous heat dome, parked over Germany, has covered a […]

Macron, at the Barricades, Warns of Rising Nationalism in Europe

Macron, at the Barricades, Warns of Rising Nationalism in Europe

Not long ago, the things Emmanuel Macron said this week would not have needed saying. Yet, addressing the European Parliament, the French president — barely 40 and not yet a year in office — sounded almost like a biblical prophet, warning of the rising fascination with antidemocratic and “illiberal” ideas, “the deadly tendency which might […]

Europe stocks post mild gains amid earnings; commodities on the rise

Europe stocks post mild gains amid earnings; commodities on the rise

Vopak surged after the Dutch oil and chemical storage firm said it was well-placed to significantly improve its core earnings in 2019. The company said this upwardly revised forecast was largely due to its expansion program. Its shares jumped 6.5 percent. Elsewhere, shares of energy firm Total rose over 1 percent, after it agreed to […]

European stocks end at 7-week high as traders take cue from Wall Street

European stocks end at 7-week high as traders take cue from Wall Street

European stocks logged the best close in about seven weeks, taking the lead from an upbeat session the prior day in the U.S., as attention shifted from geopolitical concerns to the earnings season. U.K. stocks erased an earlier loss and swung higher, after a mixed reading on the country’s labor market sent the pound lower. […]

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