STOXX 600 Rises Amid Low Volume, Holiday Trading
The primary stock index in Europe experienced a surge on Tuesday, with travel, leisure, and energy stocks leading the way in a market advance that spanned multiple sectors. This uptick…
Qatar’s Ultimatum: Fines Could Halt EU Gas Exports
In a recent development that could potentially exacerbate the looming energy crisis in Europe, Qatar has issued a stern warning to the European Union (EU). The Gulf nation has threatened…
China raises its retirement age as older population threatens economy
Minimum retirement ages in China are much lower than in other major economies, although pressure on pension funds is forcing policy change. China will raise its retirement age for workers…
Sánchez urges the EU to ‘reconsider’ tariffs on Chinese electric cars, exposing cracks
“We don’t need another war, in this case, a trade war. We need to build bridges between the EU and China,” Pedro Sánchez said in Shanghai. Spain’s Pedro Sánchez has…
Will the European Central Bank cut interest rates this week as expected?
The European Central Bank is expected to cut interest rates on September 12 due to falling inflation and sluggish growth. Analysts predict a 25 basis point reduction in the deposit…
Europe’s luxury goods market set to feel the pinch as China growth weakens
China reported weaker-than-expected consumer price growth for August, signalling continued sluggish domestic consumer demand. This could place further pressure on key sectors in European stock markets, including luxury consumer and…
Why Namibia plans to kill over 700 wild animals
Namibia plans to cull 723 wild animals, including 83 elephants, and distribute the meat to people struggling to feed themselves due to a severe drought in South Africa, the environment…
Ahead of France’s legislative elections, unions and employers make their voices heard
Ahead of the legislative elections on 30 June and 7 July, French trade unions are divided over what strategy to adopt in the face of the rise of the far-right…
ECB interest rates at peak: Lagarde
European Central Bank President Christine Lagarde said Thursday (11 January) that interest rates in the eurozone had reached their peak after rising rapidly in response to high inflation last year.…
Eurozone finance ministers back G7 push on Russian frozen assets, but legal questions remain
Eurozone finance ministers gave their political backing on Wednesday (5 May) to a G7 plan to provide loans to Ukraine by using windfall profits generated from Russian assets, which they…