Eurozone business activity fell sharply in November, increasing the odds of a half-point interest rate cut by the European Central Bank next month.Hamburg Commercial Bank’s composite Eurozone...
The European Central Bank should lower borrowing costs at each meeting until it reaches a level that neither restricts nor stimulates economic activity, according to Governing Council member Yannis...
22/11/2024
HSBC Holdings Plc has abandoned plans to build a carbon credits desk, according to people familiar with the matter, as Europe’s biggest bank cools to a market rocked by repeated allegations of...
21/11/2024
Citadel Securities is aiming to become a “material” player in Eurozone government bond trading by next year after building a team of traders in Paris and securing valuable access to German debt...
20/11/2024
Europe will not be able to afford its generous welfare state provision and increased investment in defence and in tackling climate change unless the region fixes a persistent decline in growth, the...
19/11/2024
UK transport secretary Louise Haigh has insisted the government will not relax its electric vehicle targets but has admitted that ministers could create new “flexibilities” to help manufacturers...
18/11/2024
The European Central Bank cut interest rates last month to avert unnecessary damage to the economy, with policymakers taking the view they could pause a December cut if activity picked up, minutes of...
15/11/2024
Spaniards braced for further heavy rain and storms on Wednesday, just two weeks after rain and flash floods prompted rivers to overflow in Valencia and other parts of Spain, killing more than 200...
14/11/2024
A frozen trade dispute over steel has become an early test of the EU’s relationship with the incoming Trump administration, with a senior US official saying Brussels should consider postponing plans...
13/11/2024
Brussels is changing its spending policies to potentially redirect tens of billions of euros to defence and security, as Russia’s war in Ukraine and Donald Trump’s return to the White House heap...
12/11/2024