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European Economy

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  • European Economy: A weaker Euro won't solve the EU's problems this time

    There’s no silver bullet in the currency markets

  • ECB is doubling down on rate hikes just as a recession bites

  • This Chinese province has more EV chargers than all of the US

  • Eco Week | US jobs at cruising speed may keep up pressure on Fed

  • China primary market trounces the world with record $58 billion boom

  • Respite in US inflation unlikely to derail Fed rate-hike plans

  • Slow pace of vaccinations pushes Europe towards second economic slump

  • Eurozone business activity strong despite Brexit: Survey

  • S&P 500 eyes record as earnings impress

    The S&P 500 is gaining 6 points to 1,698 at the opening bell - further bolstered by the reaction afforded results from Boeing and Ford - a move that leaves Wall Street's premier barometer on course for a record close.

  • Hail ECB's decision; rates should continue at 0.75%: Expert

    "ECB's focus remains on transmission mechanism of monetary policy rather than the absolute level of interest rate," says Marco Valli, chief economist- euro zone, Unicredit while justifying the European Central Bank's decision of not easing any interest rates.

  • Emerging economies showing signs of recovery: Lloyds TSB

    Trevor Williams, chief economist, Lloyds TSB, told CNBC-TV18 that the emerging economies are clearly showing signs of recovery. "The global markets are looking to put in money, but they are bit more selective about where they will put the money", he said.

  • Hollande warns euro strength threatens Europe's economy

    Francois Hollande has issued a clear warning over the current strength of the euro damaging the European economy, calling for international action to stem currency distortions.

  • Arcelor to shut parts of Liege plant on poor EU demand

    World's largest steel maker ArcelorMittal today said it will close a coke plant and six production lines in Liege facility in Belgium as demand weakens further in Europe.

  • Oil rises above $109 on hopes of US budget solution

    Brent oil rose above USD 109 a barrel on Wednesday on expectations that a budget crisis in the United States will be resolved, which would save the world's top oil consumer from slipping into recession.

  • George Soros warns euro crisis could destroy EU

    Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies.

  • Some pressure may ease if Europe stabilises: JPMorgan Chase

    Most equity markets have reacted positively to Friday's EU summit outcome. James Glassman, Senior Economist at JPMorgan Chase Bank feels the solution has been found for the short-term, but the euro zone has a long way to go for the investors to be certain and confident.

  • Motherson Sumi to deliver 40% ROCE as promised

    As Motherson Sumi's biggest customer Maruti is coming out of trouble, Vice Chairman Vivek Chaand Sehgal said that the company will deliver 40% return on capital employed (ROCE) as promised. Morover, he indicated that the car sales in Europe were not impacted by the prevailing uncertainties.

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