Tag Archives: euro

Russian billionaire on sanctions list owns multimillion euro home in Amsterdam: Report

Russian billionaire on sanctions list owns multimillion euro home in Amsterdam: Report

Russian billionaire Arkady Volozh still owns property in Amsterdam even though the European Union sanctioned him. The founder of the Russian search engine Yandex managed to avoid the Dutch government’s detection through a property construction, according to NRC and De Groene Amsterdammer. Volozj owns a mansion on Vossiusstraat right next to the Vondelpark. He bought it in two transactions from 2018 to 2019, paying a total of 3.4 million euros. He purchased the house through Paraseven… Source link

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FOREX-Sterling crumbles to all-time low, euro at 20-year low

FOREX-Sterling crumbles to all-time low, euro at 20-year low

(Updates prices, adds comment) By Dhara Ranasinghe LONDON, Sept 26 (Reuters) – Sterling crashed to a record low early on Monday as traders rushed for the exits on mounting concern that the new government’s economic plan will stretch Britain’s finances to the limit. The British pound’s searing drop helped lift the safe-haven U.S. dollar to a new two-decade peak against a basket of major currencies, while the euro hit a fresh two-decade low against the greenback. In Japan, authorities reiterated… Source link

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Why the soaring dollar and crashing euro are rattling global markets: Morning Brief

Why the soaring dollar and crashing euro are rattling global markets: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 15, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The U.S. dollar (DX-Y.NYB) is on fire, reaching near-parity with the euro (EUR=X) for the first time in two decades. The yen (JPY=X) is down 20% versus the dollar over the last year — nearly unheard of… Source link

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Euro Tumbles to 20-Year Low, Putting Parity With Dollar in Sight

Euro Tumbles to 20-Year Low, Putting Parity With Dollar in Sight

(Bloomberg) — The euro slid to a 20-year low against the US dollar as traders bet that the European Central Bank will go slower on raising interest rates as the economy risks being tipped into a recession. Most Read from Bloomberg The common currency fell as much as 1.4% to $1.0281, its weakest level since December 2002. The losses came as money markets continued to trimmed ECB tightening bets as growth outlook for the region darkens, with traders now eyeing the prospect of gas shortages as… Source link

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Google hit with 150 mln euro French fine for cookie breaches

Google hit with 150 mln euro French fine for cookie breaches

A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register PARIS, Jan 6 (Reuters) – France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s Google (GOOGL.O) a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers known as cookies. Meta Platforms’… Source link

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Christian Eriksen was ‘gone,’ resuscitated during Euro 2020 match, Denmark doctor says

Christian Eriksen was ‘gone,’ resuscitated during Euro 2020 match, Denmark doctor says

Denmark midfielder Christian Eriksen suffered cardiac arrest during a Euro 2020 match on Saturday, Morten Boesen, Denmark’s team doctor, confirmed on Sunday. “He was gone, and we did cardiac resuscitation,” Boesen said at a news conference. Eriksen is in stable condition at a Copenhagen hospital after collapsing late in the first half of Denmark’s opener against Finland. Paramedics and doctors, including Boesen, rushed onto the field to treat him. They administered CPR and used a… Source link

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