EU News Digest Latest News & Updates
DANIEL LEAL-OLIVAS | AFP | Getty Images An anti-Brexit activist flies an EU flag during a demonstration outside of the Houses of Parliament in London on February 28, 2019. A “real change in clarity” regarding Brexit could cause a rare rally for both sterling and U.K. stocks, one strategist told …
Read More »Sterling slips after UK legal advisor comments on changes to Brexit deal
Reuters TV | Reuters Prime Minister Theresa May sits down in Parliament after the vote on May’s Brexit deal, in London, Britain, January 15, 2019 in this screengrab taken from video. Sterling slipped to a session low against the dollar after Britain’s Attorney General Geoffrey Cox published his opinion on …
Read More »Sterling gyrates on speculation ahead of Theresa May’s crucial vote
Luke MacGregor | Bloomberg | Getty Images A screen shows the trajectory of the pound ahead of the U.K. parliament Brexit deal vote as a trader monitors financial data on computer screens. Sterling fluctuated Monday morning with traders reacting to various media reports ahead of a series of crunch Brexit …
Read More »French tycoon on trial over $450 million arbitration deal
ERARD JULIEN | AFP | Getty Images A photo taken on May 26, 2013 shows former president of the Olympique de Marseille Bernard Tapie attending the festivities marking the anniversary of Olympique de Marseille football club’s 1993 UEFA Champions League title at the Velodrome stadium in Marseille, southeastern France. French …
Read More »Power failure leaves much of the country in the dark
YURI CORTEZ | AFP A couple walks along a street during a power cut in Caracas on March 7, 2019. – The government of Nicolas Maduro denounced a ‘sabotage’ against the main electric power dam in the country, after a massive blackout left Caracas and vast regions of Venezuela in …
Read More »Global debt yields slide as ECB acknowledges ‘sick’ European economy
U.S. investors swarmed into sovereign debt and fled the volatility of stock markets on Thursday after Europe’s central bank cut its GDP forecast, rekindling fears that a slowdown overseas could send shock waves into the American economy. Money managers sought the relative safety of government debt after the European Central …
Read More »European Central Bank March 2019 interest rate decision
Daniel Roland | AFP | Getty Images Mario Draghi, President of the European Central Bank (ECB) addresses a press conference following the meeting of the ECB’s Governing Council in Frankfurt am Main, western Germany, on January 25, 2018. Back in December, the ECB forecast a growth rate of 1.7 percent …
Read More »40% of A.I. start-ups in Europe not related to A.I.: MMC report
Nearly half of the companies in Europe that call themselves AI start-ups don’t in fact use artificial intelligence, a new report found. The research, published Tuesday by London-based venture capital firm MMC Ventures, found no evidence that artificial intelligence was an important part of the products offered by 40 percent …
Read More »$2 million all-electric car is world’s fastest
Bloomberg | Bloomberg | Getty Images A new Pininfarina SpA Battista luxury hypercar sits on display on the opening day of the 89th Geneva International Motor Show in Geneva, Switzerland, on Tuesday, March 5, 2019. An Italian specialist carmaker unveiled an all-electric car that it claims can reach 180 miles …
Read More »Italy finance minister Tria says biggest issue is investor confidence
Simona Granati | Corbis News | Getty Images ROME, ITALY – JULY 24: Minister of Economy Giovanni Tria attends a press conference. Investor confidence is the biggest problem that Italy is facing, the country’s finance minister told Class-CNBC Monday. The euro zone’s third largest economy has struggled to convince investors …
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