ECB reports record loss for 2023 as rate hikes bite FRANKFURT: The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were... Published 22 Feb, 2024 04:24pm
Markets Europe’s STOXX 600 hits two-year high PARIS: Europe’s benchmark stock index hit its highest in over two years on Monday on strength in healthcare ... Published 20 Feb, 2024 03:09am
Markets European markets round off busy week of data PARIS: European shares ended a data-packed week on an upbeat note with stellar earnings updates and hopes of ... Published 17 Feb, 2024 05:51am
World EU cuts growth and inflation forecasts for 2024 BRUSSELS: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024,... Published 16 Feb, 2024 06:02am
Markets French, German stocks sprint to record high on earnings cheer PARIS: European shares rose on Thursday as upbeat corporate earnings pushed French and German stocks to a record... Published 16 Feb, 2024 06:02am
Markets ECB’s Lagarde hopes to join economists’ ‘tribe’ she criticised FRANKFURT: European Central Bank Christine Lagarde said on Thursday she hoped to join the “tribe” of professional... Published 15 Feb, 2024 05:14pm
Sports England confident Ahmed’s visa issues will be fixed before next India Test England’s Rehan Ahmed ran into visa issues on the team’s return to India from Abu Dhabi for the third Test of their... Published 13 Feb, 2024 02:32pm
Markets European shares near two-year highs at start of data-packed week PARIS: European shares climbed on Monday, tracking a strong rally on Wall Street, while investors looked forward to ... Published 13 Feb, 2024 05:59am
Business & Finance ECB needs more inflation evidence before easing: policymakers FRANKFURT: The European Central Bank still needs more evidence that inflation is heading back to its 2% target... Published 08 Feb, 2024 09:21pm
Business & Finance Dollar eases, Fed policy path on interest rates in focus NEW YORK: The dollar edged lower against major currencies on Tuesday, but remained close to its highest level in... Published 07 Feb, 2024 05:30am
Business & Finance IMF says central banks should not rush into rate cuts WASHINGTON: The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon... Published 03 Feb, 2024 05:46am
Business & Finance ECB likely to cut rates in small increments with pauses ZAGREB: The exact date for the start of European Central Bank rate cuts is secondary, but once the bank starts... Published 30 Jan, 2024 04:44pm
Business & Finance ECB will start cutting rates sooner or later as inflation eases, De Guindos says MADRID: The European Central Bank will cut interest ratees sooner or later given recent encouraging inflation... Published 29 Jan, 2024 01:08pm
Markets LVMH, Remy Cointreau results boost European shares higher PARIS: European shares rose over 1% on Friday, boosted by upbeat quarterly updates from luxury group LVMH and ... Published 27 Jan, 2024 06:20am
Markets European shares muted ahead of ECB rate verdict PARIS: European shares were subdued on Thursday as investors steered clear of risky bets ahead of a widely expected... Published 26 Jan, 2024 04:58am
Print ECB keeps rates unchanged FRANKFURT: The European Central Bank kept interest rates unchanged at a record-high 4% as expected on Thursday and... Updated 26 Jan, 2024 09:55am
Markets European shares rise as Wall Street rallies PARIS: European shares rose on Monday with tech stocks leading the charge, tracking a Wall Street rally that drove... Published 23 Jan, 2024 05:14am
Business & Finance US dollar little changed ahead of BOJ, ECB meetings NEW YORK: The US dollar was little changed to slightly lower against a basket of currencies on Monday ahead of... Published 23 Jan, 2024 05:14am
Markets European shares advance as chipmakers rally PARIS: European shares bounced back on Thursday following three straight sessions of losses, buoyed by Richemont and... Published 19 Jan, 2024 05:37am
Markets European shares slide more than 1pc on hawkish ECB remarks PARIS: European shares declined on Wednesday as more hawkish remarks from European Central Bank (ECB) officials... Published 18 Jan, 2024 05:54am
Business & Finance Dollar hits fresh one month high NEW YORK: The dollar index hit a fresh one-month high on Wednesday after US retail sales data indicated the economy... Published 18 Jan, 2024 05:54am
Business & Finance Dollar hits one-month high NEW YORK: The dollar jumped on Tuesday as investors dialed back their expectations for a March rate cut from the US... Published 17 Jan, 2024 06:02am
Markets Dollar gains as traders weigh rate-cut bets, Red Sea tensions SINGAPORE: The dollar rose on Tuesday as investors pared back bets on near-term rate-cuts by the US Federal Reserve... Published 16 Jan, 2024 09:58am
Markets European shares advance amid increasing rate cut hopes PARIS: European shares ended higher on Friday as bond yields fell after soft US data spurred hopes of early interest... Published 13 Jan, 2024 05:38am
Markets European shares fall as hot US inflation data rains on rate-cut hopes PARIS: European shares ended lower on Thursday after a hotter-than-anticipated US inflation reading doused hopes of... Published 12 Jan, 2024 03:06am
Markets European shares end lower, with miners and travel stocks leading losses PARIS: European shares ended lower on Wednesday, with miners and travel stocks leading the fall, as optimism about... Published 11 Jan, 2024 06:15am
Business & Finance Europe’s property boom lowered inequality, ECB says FRANKFURT: Wealth inequality declined in the euro zone over the past five years, confounding some expectations, as a... Published 09 Jan, 2024 04:18am
Business & Finance ECB to test banks’ response to cyberattack FRANKFURT: The European Central Bank said Wednesday it would test lenders’ response to cyberattacks this year in a... Published 08 Jan, 2024 05:23am
Markets European shares log first weekly loss in eight PARIS: European shares logged their first weekly loss in eight on Friday, as investors grappled with a plethora of... Published 06 Jan, 2024 05:17am
World Eurozone inflation rises to 2.9% in December BRUSSELS: The annual rate of inflation in the eurozone rose to 2.9 percent in December mainly due to energy costs,... Published 05 Jan, 2024 05:15pm