-
February 15, 2023 03:23 PM IST The bloc is expected to agree new sanctions to mark the one-year anniversary of Russia's invasion of Ukraine on Feb. 24, but the specific proposals must yet win the unanimous backing of all EU member states.
-
February 13, 2023 02:49 PM IST The EUR/INR pair soared to 90.44 on Feb. 2, just ahead of the European Central Bank meeting, its highest level since April 2021. It was last trading at 88.30.
- January 12, 2023 08:26 PM IST
The data showed that prices unexpectedly fell for the first time in more than 2-1/2 years in December.
- January 12, 2023 07:18 PM IST
Rising prices have papered over a lot of problems with the single currency, but disinflation could bring them back
- December 29, 2022 08:20 AM IST
Eva Kaili, one of the 14 vice presidents at the EU was stripped from all her titles. The Brussels intelligence 150,000 euros from her residence. Reports suggest she was involved with an organization fronted by Qatar and Morocco to scam the EU. How did she direct one of the biggest scams seen in the EU's history? And how is this all connected to Antonio Panzeri, the veteran politician?
Catch all the details of this scandalous European Parliament scam in this video.
- December 15, 2022 10:24 PM IST
The ECB raised interest rates for the fourth time in a row, although by less than at its last two meetings, pledged further hikes and laid out plans to drain cash from the financial system as part of its fight against runaway inflation.
- December 10, 2022 03:56 PM IST
In the middle of Euro 2016, the World Cup-winning French football legend visited India and watched football matches at night and monuments during the day.
- November 07, 2022 08:59 PM IST
A survey showed on Monday that investor morale in the euro zone improved in November, the first time it rose in three months, reflecting hopes that recent warmer temperatures and falling energy prices will prevent gas rationing on the continent this winter.
- November 02, 2022 03:41 PM IST
Against the weakening dollar, the euro and sterling edged up to $0.9889 and $1.1494, respectively.
- October 31, 2022 03:44 PM IST
Annual inflation reached 10.7% in October, the European Union's statistics agency, Eurostat, reported Monday. That is up from 9.9% in October and the highest since statistics began to be compiled for the eurozone in 1997.
- October 28, 2022 07:21 AM IST
The euro was last 0.05% lower at $0.9960, following a more than 1% slide overnight, after the ECB raised rates by 75 basis points, as expected, but took a more dovish tone on its rate outlook.
- October 26, 2022 02:21 PM IST
A slew of US data on manufacturing, home prices and consumer confidence have all fallen short of economist estimates, underscoring the toll of Fed tightening
- October 19, 2022 10:32 PM IST
Russia’s war in Ukraine has been a major factor behind the increase, Eurostat said, by roiling energy markets and driving up prices for grains, oilseeds and fertilizers
- October 05, 2022 08:55 PM IST
The euro was down 1.4% at $0.9852 after rising 1.7% on Tuesday.
- September 30, 2022 02:54 PM IST
Price increases are at their highest level since record-keeping for the euro started in 1997.
- September 30, 2022 08:08 AM IST
The euro also jumped to a one-week peak after a heated German inflation reading reinforced expectations for more aggressive policy action from the European Central Bank (ECB).
- September 14, 2022 01:32 PM IST
With this expansion, DHL Supply Chain will add 12 million sq ft of warehousing space in its existing portfolio to take its total capacity to about 22-million sq ft by 2026, the company said in a statement on Wednesday.
- September 12, 2022 07:17 AM IST
The greenback idled not far from a two-week low ahead of key U.S. inflation data this week that might allow the Federal Reserve to consider whether to slow the pace of rate hikes at its Sept. 21 policy meeting.
- September 08, 2022 09:11 PM IST
Across the Atlantic, the European Central Bank raised interest rates by a record 75 basis points, taking the deposit rate above 0% for the first time since 2012.
- September 08, 2022 08:40 PM IST
Eurozone stocks, which had been holding steady before the ECB decision, slid lower.
- September 08, 2022 06:30 AM IST
Policymakers scramble to keep a lid on the bloc's most damaging bout of price growth in nearly half a century as it eats up household savings and weighs on business output
- September 05, 2022 11:31 AM IST
The euro fell 0.70 percent to 0.9884 dollars Monday at 0535 GMT, its lowest since December 2002.
- September 05, 2022 06:24 AM IST
The euro was down 0.4% at $0.9908 and looking likely to test its recent 20-year low of $0.90005 as markets priced in more risk of a European recession.
- August 30, 2022 07:28 AM IST
The tables turned for the two currencies as traders began ramping up bets for a super-sized 75 basis-point rate hike by the European Central Bank, while paring the odds for one by the U.S. Federal Reserve.
- August 25, 2022 07:15 PM IST
GDP data from Europe's largest economy, Germany, brought relief too.
