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...
As China continues to fuel the global fight for energy supplies, European gas reached a record value of 100 euros. The surge, which threatened to compromise economic recovery, experienced a halt as prices marginally retreated later in the day.
According to several sources that are familiar with the matter, China...
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...
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...
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...
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...
With the release of strong economic data from the U.S. and Europe keeping investors' confidence afloat, European shares have been inching ever closer to record numbers. The pan-European STOXX 600 index rose 0.1%, hovering just below its all-time record high. Energy and consumer stocks emerged as the biggest winners...
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...
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...