Concerns over market inflation swept across the UK on Wednesday due to the release of new data showing a surge in prices across the nation. According to figures provided by the Office for National Statistics, UK inflation more than doubled in the last month to 1.5%; slightly higher than...
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...
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...
With the European Union's sights set on rolling out 5G across its 27 member states, the body will need to invest €300 billion ($355 billion) into its telecommunications infrastructure by 2025, a study by consulting firm BCG found. Commissioned by telecoms lobbying group ETNO, BCG performed its study at...
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...
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...
The family of the founder of British airline EasyJet made the monumental decision on Thursday to sell a small portion of its share in the company. According to a regulatory filing made during the same day, the Haji-Ioannou family's stake in the company was reduced from 26.7% to 25.3% following...
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...
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...
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...