Home / Europe (page 64)

Europe

Euro zone economic slack may be bigger than thought: ECB’s Mario Draghi

Dario Pignatelli | Bloomberg | Getty Images Mario Draghi, president of the European Central Bank (ECB) The factors slowing the rise of inflation will wane as growth continues and the traditional relationship between growth and inflation remains intact, even if their correlation has been weakened in recent years, Draghi told …

Read More »

Viktor Orban suffers surprise by-election defeat ahead of national vote

ATTILA KISBENEDEK | AFP | Getty Images Hungarian Prime Minister and Chairman of FIDESZ party Viktor Orban delivers his state of the nation address in front of his party members and sypathizers at Varkert Bazar cultural center of Budapest on February 18, 2018. Hungary’s ruling right-wing government suffered an unexpected …

Read More »

Britain’s Standard Life Aberdeen sells insurance unit to Phoenix

Simon Dawson | Bloomberg | Getty Images A Standard Life logo sits on a wall outside Standard Life House, the headquarters of Standard Life Plc, in Edinburgh, U.K., on Saturday, Aug. 9, 2014. Standard Life Aberdeen has agreed to sell the bulk of its insurance business to Phoenix Group for …

Read More »

Euro hits day’s high at $1.23085 following ECB minutes

Ralph Orlowski | Bloomberg | Getty Images Mario Draghi, president of the European Central Bank (ECB), right, and Vitor Constancio, vice president of the European Central Bank (ECB), make notes during a news conference The euro rose to a day’s high on Thursday shortly after the European Central Bank released …

Read More »

KFC branches in UK forced to close because of chicken shortage

Yui Mok/PA Images via Getty Images A closed sign on the door of a KFC restaurant in Clapham, south London, as the fast food outlet has been forced to close a raft of stores after a new delivery contract with DHL resulted in chicken shortages across the country. KFC has …

Read More »

Greece’s welcome debt upgrade fails to end concerns over its long-term economic health

Kostas Tsironis | Bloomberg | Getty Images A protestor holds a banner outside the Greek parliament during in a demonstration by municipal contract workers in Athens, Greece, on Thursday, June 29, 2017. Analysts remain unconvinced that Greece is over its troubled economic past, despite a warmly received upgrade on Monday …

Read More »

Iran most dangerous nation for cyber attacks says Saudi Foreign Minister

Alex Brandon | AFP | Getty Images Saudi Foreign Minister Adel al-Jubeir attends a press conference with US Secretary of State in Riyadh on October 22, 2017. The most dangerous nation for cyber threats is Iran, Saudi Foreign Minister Adel Al-Jubeir told CNBC on Sunday, saying that the country had …

Read More »

Syria needs more help, Red Cross says

Abdalrhman Ismail | Reuters People carry belongings as they flee deeper into the remaining rebel-held areas of Aleppo, Syria December 12, 2016. “I think this is a place where so much political considerations are overshadowing humanitarian work that to carve out a neutral humanitarian space is difficult,” he said at …

Read More »

Food group Danone eyes further sales and profit growth for 2018

Andrey Rudakov | Bloomberg | Getty Images Cartons of strawberry yogurt pass along a conveyor belt before packaging at the Group Danone in Russia dairy production plant Food group Danone said on Friday it would focus on accelerating sales growth this year and deliver a further rise in profits, thanks …

Read More »

Standard Life Aberdeen hit as biggest client Lloyds pulls plug

Simon Dawson | Bloomberg | Getty Images A Standard Life logo sits on a wall outside Standard Life House, the headquarters of Standard Life Plc, in Edinburgh, U.K., on Saturday, Aug. 9, 2014. Standard Life Aberdeen said on Thursday it had been served notice on a 109 billion pound ($153 …

Read More »