Europe

A Chinese clerk counts renminbi yuan banknotes at a bank in China on December 2015. Jie Zhao | Corbis News | Getty Images The Chinese yuan soared past 7 per U.S. dollar on Tuesday, climbing to a fresh three-month high as investors became increasingly hopeful about the chances of a …

Assembling a T-72B3 battle tank at the Uralvagonzavod factory, a Rostec subsidiary, developing and producing military hardware. Donat Sorokin | TASS | Getty Images European defense spending will surpass $300 billion a year by 2021, according to new research from Jane’s by IHS Markit. Defense expenditure is a highly sensitive …

A trading post sports the Spotify logo on the floor of the New York Stock Exchange, Tuesday, April 3, 2018. Richard Drew | AP Spotify Technology delivered a surprise profit and its stock is reaping the benefits.  The music streaming company’s shares surged as much as 18% Monday after a …

A line of Boeing 737 fuselages, eventually bound for Boeing’s production facility in nearby Renton, Wash., sit on flatcar rail cars at a rail yard Tuesday, April 9, 2019, in Seattle. Elaine Thompson | AP A year ago, Boeing executives were trying to convince Wall Street investors they could ramp …

Thierry Bollore, chief competitive officer of Renault SA, speaks at the IAA Frankfurt Motor Show in Frankfurt, Germany, on Sept. 12, 2017.  Krisztian Bocsi | Bloomberg | Getty Images Renault has named Clotilde Delbos, the french automaker’s current chief financial officer, as its CEO for an interim period. Delbos will …

Conservative Party leadership candidate Boris Johnson gestures as he talks during the launch of his campaign in London, Britain June 12, 2019. Henry Nicholls | Reuters Sterling fell against the dollar on Monday following dismal manufacturing data and speculation that U.K. Prime Minister Boris Johnson could be planning a general …

A woman walks with an Argentinian flag during a march in support of President Mauricio Macri on August 24, 2019 in Buenos Aires, Argentina. Ricardo Ceppi | Getty Images News | Getty Images Argentina’s government has imposed currency controls in a bid to stabilize financial markets, as Latin America’s third-largest …

German Chancellor Angela Merkel speaks at the 100-years anniversary celebration of prosthesis maker Ottobock SE in Duderstadt, Germany, February 18, 2019. Ralph Orlowski | Reuters Sterling hit a three-week high against the dollar Thursday after German Chancellor Angela Merkel said a solution to the Irish “backstop” is possible before the …

Germany will auction a 30-year bond with a 0% interest rate for the first time on Wednesday, according to several media outlets. The bond sale expected to take place at 10:30 a.m. London time will mean the German government will not make any interest payments to those buying the bond …

London Stock Exchange Toby Melville | Reuters London’s FTSE 100 index failed to open at the start of the European trading on Friday. The London Stock Exchange (LSE) is investigating a potential trading services issue, according to an official statement on the LSE website. The LSE said it expected to …