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EU Announces $1 Billion Aid To Lebanon Amid Economic Crisis
EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the country mired in an economic meltdown exacerbated by a migrant crisis and the threat of war with Israel.
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Nifty, Sensex Open Lower After Credit Suisse Spooks Asian Markets
Indian shares were off to a muted start on Thursday, on fragile investor sentiment globally after Credit Suisse, one of Europe's top lenders, added to worries about a crisis in the financial sector.
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How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
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The Man Who Has Lost More Money Than Anyone In The World In Coronavirus Crisis
In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...
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France Takes On Italy, Calls For Sanctions Against Countries Refusing Migrants
EU states that refuse to accept migrants should face financial penalties, French President Emmanuel Macron said Saturday, prompting a furious response from Rome on the eve of an emergency mini-summit in Brussels about the escalating crisis dividing Europe.
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Swiss Bank That 'Discovered' US Picks China Over Weak Europe
The Swiss bank that built its fortune tapping new opportunities in the U.S. two centuries ago is telling investors to ditch sclerotic Europe and have greater faith in emerging markets.
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Formula One: Amid Growing Financial Crisis, Lotus Team Gets Locked Out in Japan
Lotus have been involved with a row over engine payments and team officials have blamed the time difference between Europe and Japan for delaying track payments to track authorities.
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Angela Merkel's Conservatives Want to Limit Incentives for Refugees: Reports
German Chancellor Angela Merkel's conservatives want to limit the financial incentives for refugees coming to the country as their numbers soar, a paper showed on Wednesday, underlining the strain the crisis is putting on Europe's largest economy.
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Greece and China Expose Limits of 'Whatever it Takes'
From the United States to Europe and Asia, financial markets have been cowed, then calmed and are now coddled by the limitless power of central banks to print new money to ward off systemic shocks and deflation.
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Few Signs of Global Market Panic As Greece Nears Default
There was little evidence of panic, however, with investors pointing to Europe's improved ability to fight financial contagion since the height of the euro debt crisis in 2011.
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Dollar Rallies on US Data, Europe Woes
The US dollar rallied on Tuesday after a string of healthy economic data boosted near-term rate hike prospects, while Greece's financial crisis and signs of growing opposition to austerity in Spain weighed further on the euro.
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Is Europe Ready for Greek Crisis 2.0?
Talk of Greece crashing out of the euro is back. And the question of whether Europe can handle another crisis in Greece is heightening financial uncertainty for the currency union just as it is struggling to grow and create jobs.
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Crisis-Hit Russia's Top Allies Build Ties with Ukraine
Kazakh President Nursultan Nazarbayev followed his Belarussian counterpart to Ukraine today as Moscow's old allies built bridges to Europe while Russia's financial crisis and diplomatic isolation grew.
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Weak German Output Numbers Send Europe Into Reverse
A day after German industrial orders saw their biggest monthly drop since the height of the global financial crisis in 2009, its industrial output figures for August plunged by 4.0 per cent, also the biggest fall in five years.
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World Stocks Dip Ahead of ECB Meeting
With economies across Europe sputtering, that shares remain near their highest levels since the 2007-8 financial crisis is chiefly a reflection of the billions in stimulus pumped into the financial system by central banks over the past five years.
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EU Announces $1 Billion Aid To Lebanon Amid Economic Crisis
EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the country mired in an economic meltdown exacerbated by a migrant crisis and the threat of war with Israel.
-
Nifty, Sensex Open Lower After Credit Suisse Spooks Asian Markets
Indian shares were off to a muted start on Thursday, on fragile investor sentiment globally after Credit Suisse, one of Europe's top lenders, added to worries about a crisis in the financial sector.
-
How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
-
The Man Who Has Lost More Money Than Anyone In The World In Coronavirus Crisis
In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...
-
France Takes On Italy, Calls For Sanctions Against Countries Refusing Migrants
EU states that refuse to accept migrants should face financial penalties, French President Emmanuel Macron said Saturday, prompting a furious response from Rome on the eve of an emergency mini-summit in Brussels about the escalating crisis dividing Europe.
-
Swiss Bank That 'Discovered' US Picks China Over Weak Europe
The Swiss bank that built its fortune tapping new opportunities in the U.S. two centuries ago is telling investors to ditch sclerotic Europe and have greater faith in emerging markets.
-
Formula One: Amid Growing Financial Crisis, Lotus Team Gets Locked Out in Japan
Lotus have been involved with a row over engine payments and team officials have blamed the time difference between Europe and Japan for delaying track payments to track authorities.
-
Angela Merkel's Conservatives Want to Limit Incentives for Refugees: Reports
German Chancellor Angela Merkel's conservatives want to limit the financial incentives for refugees coming to the country as their numbers soar, a paper showed on Wednesday, underlining the strain the crisis is putting on Europe's largest economy.
-
Greece and China Expose Limits of 'Whatever it Takes'
From the United States to Europe and Asia, financial markets have been cowed, then calmed and are now coddled by the limitless power of central banks to print new money to ward off systemic shocks and deflation.
-
Few Signs of Global Market Panic As Greece Nears Default
There was little evidence of panic, however, with investors pointing to Europe's improved ability to fight financial contagion since the height of the euro debt crisis in 2011.
-
Dollar Rallies on US Data, Europe Woes
The US dollar rallied on Tuesday after a string of healthy economic data boosted near-term rate hike prospects, while Greece's financial crisis and signs of growing opposition to austerity in Spain weighed further on the euro.
-
Is Europe Ready for Greek Crisis 2.0?
Talk of Greece crashing out of the euro is back. And the question of whether Europe can handle another crisis in Greece is heightening financial uncertainty for the currency union just as it is struggling to grow and create jobs.
-
Crisis-Hit Russia's Top Allies Build Ties with Ukraine
Kazakh President Nursultan Nazarbayev followed his Belarussian counterpart to Ukraine today as Moscow's old allies built bridges to Europe while Russia's financial crisis and diplomatic isolation grew.
-
Weak German Output Numbers Send Europe Into Reverse
A day after German industrial orders saw their biggest monthly drop since the height of the global financial crisis in 2009, its industrial output figures for August plunged by 4.0 per cent, also the biggest fall in five years.
-
World Stocks Dip Ahead of ECB Meeting
With economies across Europe sputtering, that shares remain near their highest levels since the 2007-8 financial crisis is chiefly a reflection of the billions in stimulus pumped into the financial system by central banks over the past five years.
