Tag Archives: European

Federal Reserve chairman Jerome Powell. European markets were muted on Wednesday as investors focus on the latest insights into the Fed’s policy tightening. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images European stocks were in the red on Wednesday as investors focus on fresh western sanctions against Russia over its invasion of Ukraine and the latest insights into the Federal Reserve’s policy tightening. The FTSE 100 (^FTSE) lost ground after closing higher the previous session,… Source link

European markets were in the green as the latest round of peace talks kick off in Turkey on Monday. Photo: Ty O’Neil/SOPA Images/LightRocket via Getty European markets started the week in the green as oil prices fell after parts of Shanghai entered lockdown and Ukraine and Russia start their latest round of peace negotiations on Monday in Turkey. The FTSE 100 (^FTSE) shot up 0.5% as investors watch out for a speech from Bank of England governor Andrew Bailey on Monday. UK chancellor Rishi… Source link

European stocks rose as all eyes are firmly focused on the Federal Reserve meeting later today – the first in four years, where an interest rate hike is expected. Photo: Tom Williams/CQ-Roll Call, Inc via Getty European stocks pushed higher on Wednesday as investors awaited a widely anticipated decision by the US Federal Reserve on interest rate policy. In London, the FTSE 100 (^FTSE) rose 1.3% after opening, while the CAC (^FCHI) gained 2.1% in Paris, and the Frankfurt DAX (^GDAXI) was 2%… Source link

Alphabet Inc’s Google made $147 billion in revenue from online ads in 2020, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profits. About 16% of its revenue came from the company’s display or network business, in which other media companies use Google technology to sell ads on their website and apps. The European Commission opened an investigation in June into whether Google favours its own online display… Source link

BRUSSELS, Feb 11 (Reuters) – Google (GOOGL.O) on Friday was targeted in an antitrust complaint by the European Publishers Council over its digital advertising business, potentially strengthening EU antitrust chief Margrethe Vestager’s investigation into the issue. Alphabet Inc’s Google made $147 billion in revenue from online ads in 2020, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profits. read more

WASHINGTON — Google said in an internal document that it had successfully “slowed down” European privacy rules in collaboration with other tech companies, according to a legal filing released on Friday. Ahead of a 2019 meeting with other major tech companies, Google said in a memo that it had “been successful in slowing down and delaying” the European Union’s ePrivacy Regulation process and had been “working behind the scenes hand in hand with the other companies,” according… Source link

(Bloomberg) — Asian stocks and U.S. equity futures started the week on the back foot, as investors weighed the prospects for growth against concern over inflationary pressures. Most Read from Bloomberg Japanese and Hong Kong shares dropped. Earlier gains vanished after trading of China Evergrande Group shares was suspended in Hong Kong, along with those of its property management unit. Mainland Chinese markets are closed through Thursday for the Golden Week holidays. Australian shares bucked… Source link

‘Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness.’ Photo: Daniel Roland/AFP via Getty Images There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January. It came as Eurozone inflation hit its highest level in 13 years due to surging energy prices. According to Eurostat, headline inflation came in at 3.4% last month, the highest level since September 2008… Source link

The real estate company said a payment due on Thursday, for an onshore renminbi-denominated bond, had ‘already been resolved through off-exchange negotiations’. Photo: Hector Retamal/AFP via Getty Images European stock markets were sharply higher on Wednesday as worries over the Evergrande crisis in China started to ease. The real estate company said a payment due on Thursday, for an onshore renminbi-denominated bond, had “already been resolved through off-exchange negotiations”. Traders… Source link

(Bloomberg) — European stocks slid to the lowest level in two months as China’s real estate crackdown and worries ahead of this week’s Federal Reserve fueled risk-off sentiment. The Stoxx Europe 600 index fell 2%, the most in a month and to the lowest level since July 21. Germany’s DAX slumped 2.3% on the day the index’s expansion takes effect, with banks and automotive shares underperforming. While all sectors retreated on the European gauge, miners declined the most, sliding to the… Source link