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EUROPEAN ECONOMY
Christine Lagarde is leaving the ECB early, and Europe's economic future could look very different: What the region stands to lose — and gainChristine Lagarde announced her resignation from the European Central Bank, set for February 7, 2027. Her departure is earlier than planned...- Fed holds rates as inflation stays high, signals more hikes amid AI boom and energy costsThe Federal Reserve held its key rate steady at around 3.9%, signaling cautious optimism about inflation trends. Chairman Kevin Warsh empha...
- Europe needs to better prepare for warmer temperatures: European UnionThe European Union on Tuesday warned of the need to better prepare for a feared 3C rise in global warming as it unveiled new rules to force...
- Global Market: European shares fall as HSBC earnings drag banking stocksEuropean shares fell as HSBC's disappointing revenue weighed on banking stocks, while political unrest in France dampened investor sentimen...
- ECB Meeting: Five key questions on rates, inflation and Lagarde's exitThe European Central Bank is widely expected to hold interest rates at 2.5% amid elevated energy prices, eurozone inflation and France’s fi...
- India, Dutch port authorities weigh digital push to boost logistics: Piyush GoyalCommerce and industry minister Piyush Goyal and Port of Rotterdam CEO Boudewijn Siemons held discussions on advancing port-led growth, logi...
- Hermes, try a scarf around just ChinaHermes is facing a decline in revenue growth driven by decreasing demand in its Chinese market. The brand recognizes the importance of main...
- ‘Very high’ expectations from India-EU FTA, says Rotterdam port chiefBoudewijn Siemons, CEO of the Port of Rotterdam, expressed high expectations for the India-EU free trade agreement. He highlighted the impo...
- Global Market: European stocks edge lower as Kering slumps, oil prices riseEuropean shares slipped as Kering plunged 10.4% following weak Gucci sales, while rising oil prices and French political uncertainty dampen...
- Global Market: French bond selloff raises debt concerns across Europe amid social unrestFrench 10-year bond yields surged above 5%, reaching a 24-year high, as fiscal deficits, political deadlock and social unrest unsettled inv...
- Piyush Goyal roasts Europe on climate change: Watch Union Minister’s ‘epic’ reply to EU in Germany that’s going viralWatch Piyush Goyal questioning European countries over climate finance commitments at the Berlin Global Dialogue in Germany. The Union Comm...
- Goyal reminds developed countries of $100 bln climate finance pledge, says 'haven't seen nickel or dime of that'Union Minister Piyush Goyal addressed the Berlin Global Dialogue, criticizing developed nations for unmet climate finance commitments. He h...
- Euro zone consumer confidence falls to -17.9 in OctoberThe European Commission said a flash estimate showed euro zone consumer morale decreased to -17.9 this month from a revised -16.8 in Septem...
- China-Europe rail and India’s long road to EurasiaIndia is focusing on connectivity initiatives such as the International North-South Transport Corridor and the IMEC. Geopolitical tensions ...
- Nvidia's Huang hails Europe's AI potential, flanked by robot ducksIn a demonstration of Europe's AI creativity, Huang shared the stage with tiny duck-shaped, AI-trained robots developed by French startup P...
- ECB says AI, greener economy help euro zone weather energy shockDespite facing substantial energy challenges from escalating oil and gas prices, the euro zone economy has shown resilience in growth. Econ...
- With France embroiled in protest, a look at the nation's economic standing by the numbersFrance is grappling with significant economic challenges as public debt continues to rise, exceeding 119% of GDP. Government spending repre...
- Germany's Merz touts defence, AI and chip investment drive in pitch to investorsGermany aims to quadruple its artificial intelligence computing capacity by 2030 as part of a broader push to strengthen technological comp...
- European stocks extend slide as French protests dent risk appetitePolitical turmoil in France has cast a shadow over European markets, leading investors to adopt a more cautious stance. The STOXX 600 index...
- Waiver 60-day pause; Europe refused to sanction China, India over Russia oil, says USThe US announced a 60-day pause on sanctions against Russia to analyze the effects on the global economy. Officials clarified that no sanct...
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