The European Commission approved on Tuesday Germany’s 25.6 billion euro plan to recover from the pandemic and transform the economy to become greener and more digitalised in coming years. The scheme will be financed from EU grants only until 2026. Once the plan is also approved by EU finance...
European stocks remained near record highs on Wednesday, with investors holding off on taking big bets ahead of a policy decision from the European Central Bank and a U.S. inflation reading later this week. The pan-European STOXX 600index closed 0.1% higher, but stayed just short of a record high...
European stocks hit new highs on Tuesday, lifted by travel and real estate shares, but weak German industrial output data and doubts over Britain lifting restrictions later this month capped gains. The pan-European STOXX 600index closed 0.1% higher after notching a record high earlier in the session, with sectors...
European stocks hit record highs on Monday as another run of gains in automakers more than offset early declines in commodity-linked shares sparked by downbeat China export data. The European automobiles and parts index rose 0.9% to reach its highest since March 2015, extending a 5.3% rally from last...
Think of an exclusive poker game where the minimum bet is close to $1 million. The stock-trading version, “dark pools” that host blockbuster trades, are pulling in major money in Europe. On June 24, 2016 – the day after the Brexit vote – just 3% of trades on the...
Germany is considering participating in a planned 3 billion euro ($3.7 billion) capital increase at Lufthansa, Finance Minister Olaf Scholz told Reuters on Wednesday, a move that could help to repay the airline’s state-backed bailout. Reuters last month reported that Lufthansa was working with Deutsche Bank and Bank of...
France stocks were lower after the close on Monday.At the close in Paris, the CAC 40fell 0.57%, while the SBF 120index lost 0.52%. The best performers of the session on the CAC 40 were ArcelorMittal SA , which rose 1.51% or 0.40 points to trade at 26.89 at the...