The Euro, British pound, and Swedish Krona all rose against the U.S. dollar on Tuesday following the release of an array of European economic data. This includes UK and eurozone job figures.
While the Swedish crown rose 0.12% to 10.3795 crowns per dollar, the sterling rose 1.25% to $1.1906; a...
COVID-19 vaccine maker Moderna is looking to deliver its shipment of vaccines promised to Germany earlier than expected, Dan Staner, its European head, stated on Thursday. The biotech firm is aiming to deliver 80 million doses by the end of 2021, a figure that is in line with the...
Top British asset management firm Aviva Investors has revealed its intention to distance itself from companies that do not meet its requirements in terms of efforts put towards tackling climate change. This includes those in the oil, gas, mining, and utility sectors.
Chief investment officer for equities David Cumming is...
The Swedish Coop grocery store chain closed 800 of its stores nationwide on Saturday after a ransomware attack on its American IT provider prevented employees from managing to operate cash registers. The attack, which took place on Friday, led to the successful hijacking of the widely used technology software...
The government of the United Kingdom has reportedly entered into talks with numerous pharmaceutical companies over the possibility of receiving early access to modified versions of existing coronavirus vaccines. This move comes as the United Kingdom looks to secure its place as one of the first countries to receive...
Italy's antitrust regulator announced recently that it will be officially launching a probe into a technical and distribution deal between sports streaming app DAZN and Telecom Italia, in which DAZN secured the rights to screen Italian Serie A soccer matches over the next three seasons for a 2.5 billion...
In response to the current global semiconductor shortage, Volkswagen has called on European governments to allocate more capital towards boosting the chip manufacturing sector.
According to Markus Duesmann, the Volkswagen board member in charge of research & development and head of luxury unit Audi, the German vehicle manufacturer will not...
In order to prevent the nation's economy from further harm caused by the ongoing COVID-19 pandemic, Greece's government intends to inject another 2.5 billion euros ($3 billion) into its already struggling economy. Currently, the Mediterranean nation finds itself coming to grips with an overwhelmed healthcare system while at the...
In an effort to raise capital, low-cost airline EasyJet Plc is looking to sell 1.2 billion pounds ($1.65 billion) worth of shares in the company. This comes after the airline reportedly rejected an unsolicited takeover approach because this would undermine the values of the company.
In order to create an additional...