Europe


European banks' returns well below target

2014-04-17 14:46

Europe's largest banks are generating a poor return on their capital, well below their post-crisis targets.

European shares hit by China drink sales drop

2014-04-17 11:44

European shares have edged lower, weighed down by weakness in luxury drinks after a crackdown on gift giving in China knocked beverage company earnings

EU struggles to unpick gas logistics

2014-04-16 09:51

Unprecedented talks across the European Union show it scrambling for solutions on the ground to break its dependence on Russian gas and help supply Ukraine.

Putin: Russia to honour EU gas deals

2014-04-11 17:11

President Vladimir Putin says Russia would fulfill its obligations to European gas clients and had no plans to halt deliveries to Ukraine.

LED makers get smart to rise above price war

2014-04-03 17:55

Lighting companies like Philips and Osram are scrambling to develop more advanced technology as a price war for LED bulbs threatens to eat into profits and bring on a period of low growth.

European stocks rise in bright start

2014-04-01 16:29

Europe's stock markets advanced following upbeat comments from Federal Reserve chief Janet Yellen overnight, dealers said.

European power imports could save UK billions

2014-03-31 15:20

Britain could save £1bn a year in electricity costs by 2020 by doubling its interconnector capacity with Europe.

Brent influenced by European tensions

2014-03-31 12:03

Brent crude traded near a two-week high as simmering tensions between Russia and the West offset a rise in oil supply from Opec's second-largest producer Iraq.

European shares up on China spending plans

2014-03-28 10:43

European equities edged higher, led by expectations that any move by China to step up infrastructure spending would boost demand for industrial metals.

China hopes lift global markets' mood

2014-03-25 19:19

Growing speculation that China may take steps to bolster growth helped lift share and commodity markets.

EU business still on the upswing - index

2014-03-24 15:39

Business activity in the eurozone expanded in March for the ninth month in a row, adding to hopes that the currency bloc is on the road to economic recovery.

Possible economic sanctions against Russia

2014-03-20 12:14

European leaders will show they are ready to ramp up punitive measures against Russia, including economic sanctions, says German chancellor Angela Merkel.

Britain sets out Europe's energy options

2014-03-20 11:28

Europe has a range of options to shore up its energy security and cut dependence on Russian supplies, including asking the United States to export more gas.

Shut 'zombie' banks, warns EU watchdog

2014-03-18 17:16

Eurozone countries must prepare to shut their failing "zombie" banks and quickly pool the money to do it, the bloc's top regulator says.

European shares edge higher

2014-03-13 14:04

A leading European share index edged off 1-month lows in cautious trading, led by Lufthansa, after its profits beat expectations.

EU excludes shale gas from tough code

2014-03-13 07:29

EU politicians have voted for tougher rules on exposing the environmental impact of oil and conventional gas exploration, while excluding shale gas.

Stocks slide on worries over China, Ukraine

2014-03-12 16:11

Europe's main stock markets and Wall Street fell, with mining shares hit hard by renewed worries over China's economic outlook, analysts said.

IT firms seize opportunity from spy scandal

2014-03-11 11:09

European IT security firms have flocked to the world's biggest high-tech fair with hopes of benefiting from the fallout of mass US and British spying.

Crash? EU cars will dial own SOS

2014-02-28 13:27

The European Union has called for an EU-wide emergency system, eCall, in all cars to activate after a crash. Read more...

New SA-bound Focus to debut in Geneva

2014-02-24 11:25

Ford will unveil its new Focus at the 2014 Geneva auto show in March and the automaker says the new model will arrive in South Africa by the end of the year. What's more, the SA-bound Focus will be powered by a new 1.5-litre EcoBoost unit.

Europe shares sag on downbeat data

2014-02-20 11:58

European shares dropped in early trade, following data showing a slide in China's factory activity and in France's service sector.

European stocks rise with eyes on Italy

2014-02-17 14:21

European stocks markets have advanced building on a recent recovery, while investors are increasingly warming to indebted eurozone member Italy.

European shares snap winning run

2014-02-13 13:47

European stocks have snapped a week-long winning streak, weighed down by a batch of disappointing updates from blue chip companies.

European shares hit high on company news

2014-02-11 12:35

European shares have climbed to a two-week high, with positive news from companies boosting sentiment ahead of the US Federal Reserve chair's testimony.

European shares get earnings boost

2014-02-06 11:36

European equities climbed higher in cautious trading ahead of rate decisions by central banks, with reassuring earnings results boosting their shares.

 

Putin: Impossible for EU to stop buying gas

2014-04-17 14:08

Russian President Vladimir Putin says it would not be possible for Europe to stop buying Russian gas and he hopes a deal will be made with Ukraine on gas supply.

Hi-tech group ASML slashes forecast

2014-04-16 13:59

Dutch computer chip maker ASML has slashed its forcecasts despite almost doubling profits in the first quarter.

SA should adopt EU audit reform - expert

2014-04-14 17:16

South Africa needs to keep up with international trends and standards and adopt the audit reform accepted in the EU, says an expert.

Rules help stock exchanges fight 'dark pools'

2014-04-08 09:45

The EU's plan to cap the number of shares that can be traded anonymously could give traditional stock exchanges the chance to win back some lost ground.

EU steps toward capping credit card fees

2014-04-03 16:49

The European Parliament appears set to fast-track a cap on fees paid on credit card transactions, in a vote welcomed by consumer advocates.

M&A boost helps European shares

2014-04-01 16:27

European stocks got off to a brisk start in the second quarter, with merger-and-acquisition activity driving gains by industrial and mining stocks.

European stocks rise ahead of packed week

2014-03-31 13:44

Europe's main stock markets mostly fell, awaiting monetary policy decisions from the European Central Bank and US jobs data towards the end of the week.

W African leaders fail on EU trade deal

2014-03-30 13:27

West African leaders have failed to agree to open their economies to free trade with the European Union after regional heavyweight Nigeria voiced concerns.

European stock rally fizzles out

2014-03-27 17:38

Europe's main stock markets pulled back as the US increased the pressure on Russia over Ukraine and traders took profits following a recent rally.

European shares fall as Crimea weighs

2014-03-24 18:28

European stocks fell, trimming last week's lofty gains as concern over events in Ukraine and China's flagging manufacturing activity pegged a key index.

China's deal to end European wine probe

2014-03-21 13:48

China's commerce minister says the Chinese and European wine industries have reached a deal to end an anti-dumping and anti-subsidy probe.

European deal to complete banking union

2014-03-20 11:57

European policymakers have agreed to complete a banking union with an agency to shut failing euro zone banks.

European shares slightly up ahead of Fed

2014-03-19 14:39

European shares edged higher in cautious trading ahead of an expected announcement of a further cut in US monetary stimulus.

Effort to remove transatlantic trade duties

2014-03-14 12:09

US President Barack Obama and European Union leaders will promise to remove all tariffs on bilateral trade at a summit.

Europe fails to curb bank reform divide

2014-03-13 12:15

Europe appears far away from making good its crisis pledge to tackle weak banks as lawmakers and country representatives failed.

Fear of hormone meat, GM food divide talks

2014-03-12 16:25

Europe's reluctance to buy hormone meat or genetically modified food from the United States has exposed an "enormous gulf".

Earnings angst knocks European shares

2014-03-12 11:43

European shares were weighed down by below-forecast earnings reports and fears of more corporate defaults in China.

Services outshine manufacturing globally

2014-03-05 13:47

Robust growth in the global service industry outshone a lacklustre performance from manufacturers last month.

Crash? EU cars will dial own SOS

2014-02-28 07:58

The European Union has called for an EU-wide emergency system, eCall, in all cars to activate after a crash and transmit an SOS call - anywhere in Europe.

€100 mln needed for new Irish bank

2014-02-21 15:01

The search is on for investors willing to pump €100m into a new European bank that picked Ireland as its first market.

European shares edge lower

2014-02-18 10:37

European shares retreated from three-week highs in early trading, with investors cautious ahead of economic data releases.

Fracking not a miracle solution

2014-02-14 08:29

Shale oil and gas have had limited benefits for the US economy and their advantages for Europe will be even slimmer.

From Stone Age to Space Age

2014-02-12 20:32

A pigment once daubed on cave walls by prehistoric Man will help shield an unmanned probe that will fly close to the Sun, the European Space Agency says.

ArcelorMittal helps European shares edge up

2014-02-07 11:26

European shares edged up as steelmaker ArcelorMittal unveiled upbeat forecasts and investors anticipated further encouraging economic data from the US.

European shares fall, Ryanair bucks market

2014-02-03 11:53

European stocks have slipped, resuming their sell-off of the past 10 days, hurt by emerging market worries and data showing China's economy losing momentum.

 
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