Tata Motors takes 89.42% stake in Iveco, gains control of Italian CV makerTata Motors has completed the acquisition of a controlling stake in Iveco Group, which now becomes an indirect subsidiary. The transaction ...
French economy unexpectedly contracts as exports slump in third quarterThe French economy experienced a contraction of 0.1% in the third quarter due to declining exports. Exports fell significantly, particularl...
France moves to make rioters pay through family welfare benefitFrance's Senate has approved a law to hold families accountable for damages caused by riots and unrest. This legislation allows authorities...
Global Market: ECB may pause rate hikes after December amid growth risksEuropean Central Bank policymakers expect to raise interest rates by 25 basis points in December to counter energy-led inflation, before pa...
Euro nudges lower after ECB holds steady, stocks inch upThe European Central Bank maintained interest rates, indicating rising inflation risks tied to increasing energy prices. Following the deci...
Global Market: ECB rate decision in focus as Lagarde exit speculation growsThe European Central Bank is expected to hold interest rates steady as oil-driven inflation risks, rising French borrowing costs and uncert...
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...
Yen slips ahead of central bank bonanza, dollar firms on tech reboundYen vs Dollar : The Japanese yen fell against the US dollar as market sentiment shifted towards risk-taking. Major banks, including the Ban...
French bond selloff eases as country spared ratings downgradeOn Monday, the selloff in French government bonds paused after Moody's maintained its rating of Aa3. Weekend protests were mostly peaceful,...
Charting the global economy: Euro area business activity coolsThe euro area’s private sector slowed more than expected in October, weighed down by France as the region’s No. 2 economy grapples with fis...
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...
Global Market: ECB sees Euro liquidity support boosting global currency roleEuropean Central Bank Chief Economist Philip Lane stated that stronger euro liquidity facilities can enhance the currency's global role. Mo...
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...
Yen jumps after JGB auction draws big demand, euro finds reliefThe yen experienced a notable rise against the dollar, driven by unprecedented demand for long-term Japanese government bonds. In France, c...
Dollar and euro drift, yen slips as markets seek directionThe euro was steady at $1.1216, while the British pound rose 0.1% to $1.3308. The Australian dollar was up 0.1% at $0.6986, while its New Z...
Sterling hits 17-month high against euroSterling hit a fresh 17-month high against the euro on Monday as street riots in France and elevated energy prices weighed on the single cu...
Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...