The rise of natural gas prices in Europe showed no signs of slowing down on Wednesday as the continent continues to exhibit concerns over whether or not it will have a sufficient supply of gas for the impending winter.
After several weeks of bottlenecked supply from Russia, prospects for replenishment...
With Germany opening vaccinations to all sectors of the population, the German government has acknowledged the lasting economic effect that the pandemic has had on local businesses, deciding to extend its economic aid to companies that have been damaged by the coronavirus pandemic until the end of September.
Originally revealed...
The borrowing costs in the European Union are expected to increase in the near future after the European Central Bank (ECB) announced another interest rates hike over the “next several meetings.” The ECB already increased the interest rates earlier in September by unprecedented 75 basis points.
President Christine Lagarde confirmed...
With U.K. inflation rising above the Bank of England's (BoE) benchmark to 2.1%, European stocks at large opened higher on Wednesday morning. Despite data showing that the national cost of living had reached its highest levels in May since 2019, the FTSE 100 still opened up 0.6%.
While analysts expected...
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...