Czech’s Creative Dock announces Egypt expansion, targets €100 mln investments in MENA
Czech’s Creative Dock Group (CDG) announced on Monday its expansion in Egypt through the acquisition of…
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European
U.S. slams tariffs on European planes, cheese, whisky to punish subsidies
The United States said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine,…
Egypt’s Sisi defends death penalty at summit with Europe
Egyptian President Abdel Fattah al-Sisi defended the death penalty at a summit between Arab and European states on…
European bank stocks drop amid stress over Turkey
Banks dragged European shares down on Monday as a growing economic crisis in Turkey shook investor confidence in…
Trump delays metal tariffs on Canada, EU, Mexico, exempts some others
U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European…
Iran warns Trump to remain in nuclear deal or ‘face severe consequences’
Iranian President Hassan Rouhani warned U.S. President Donald Trump on Tuesday to stay in the nuclear deal Tehran…
Summit on euro zone future in December still on despite no German government
“Just to be clear: The December Euro Summit is on. As part of the Leaders’ Agenda we need to discuss what, how and…
Six euro zone states risk EU budget rule breach in 2018
The national budgets of six euro zone countries may break EU deficit rules next year, the European Commission said…
As OPEC cuts, traders send European oil volumes to Asia
European and Chinese traders are shipping a record 22 million barrels of crude from the North Sea and Azerbaijan to…
Facebook accused over WhatsApp acquisition
Facebook has been accused by the European Commission of misleading it during its investigation of the company's…
Obama, EU leaders agree to stick together, stay tough on Russia
U.S. President Barack Obama and European leaders on Friday underscored the importance of working together in…
European leaders and Obama to discuss Russia sanctions in Berlin
European leaders and President Barack Obama on Friday will discuss extending sanctions imposed on Russia for its…
European stocks close lower after US jobs report
European stocks ended in the negative territory on Friday, as uncertainty surrounding the U.S. elections continued…
European stocks close lower; Dollar slips; StanChart shares fall
European shares extended losses on Tuesday's close after investors digested another batch of corporate earnings and…
European stocks close lower; US GDP rises 2.9%
European markets closed slightly lower Friday as the earnings season continues amid heightened expectations that…
Stocks close lower after mixed earnings results; consumer stocks fall 1%
U.S. stocks closed lower on Tuesday as one of the busiest days of the earnings season got under way, while oil…
Hennes & Mauritz September sales up 1%
Swedish clothing retailer Hennes & Mauritz said on Monday that sales in September went higher by 1%…
European powers eye EU condemnation of Russia over Syria
Britain and France are seeking to persuade the European Union on Monday to condemn Russia's devastating air…
German court rejects appeal to stop EU-Canada deal
Germany's Constitutional Court rejected Thursday emergency appeals that aimed at stopping the European Union's…
Japan stocks to mark first fall in five years in 2016: Reuters poll
Japanese stocks are set for an annual drop in 2016, ending a four-year 'Abenomics' rally, as corporate earnings are…
ING to cut 7,000 jobs in cost-cutting plan
ING Groep NV on Monday became the latest European lender to announce a new round of layoffs and restructuring as…
European stocks higher; Deutsche Bank, Brexit in focus
European stocks were higher in morning trade on Monday as markets eye developments on the Deutsche Bank settlement…
1.3mn European tourists visited Egypt in 7 months: ETA head
The number of European tourists who visited Egypt during the first seven months of 2016 dropped by 69 percent in…
Brexit uncertainty created pause in UK mortgage sector in July
The UK’s mortgage sector was hit in July as a result of the European Union referendum with both the number and…
European shares hover near 7-week highs, Maersk underpins
European shares edged back after setting a fresh seven-week high on Friday, with weaker miners offsetting gains in…
European bank rebound not enough to save world stocks from further losses
World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank…
European shares hit two-week lows, yen rises as Japan backs stimulus
European stocks fell to two-week lows on Tuesday, dragged down by banks, while the yen rose against the dollar and…
Euro zone economic growth slows in quarter before UK vote to leave
Economic growth in the euro zone slowed in the second quarter as uncertainty before the British vote to leave the…
Brexit yet to affect UK rental market
The decision by the UK to leave the European Union has not yet affected the country’s private rental market with…
Turkey detains 42 journalists after failed coup; Europe alarmed
Turkey ordered the detention of 42 journalists on Monday under a crackdown following a failed coup that has…
European Opel Astra tops best-selling cars in Egypt
Opel Astra maintained its position leading sales of European cars in Egypt between January and May, registering…
European shares open slightly lower, Commerzbank slips
European shares were slightly lower in early trading on Tuesday with Commerzbank among the leading fallers after…
57% of Egypt’s companies are secluded from banking fund: EIB chief economist
Most companies in Egypt claim that they have restricted access to credit, and about 57% of them are isolated from…
European shares advance as Ryanair and William Hill surge
European stocks rose on Monday, with low-cost airline Ryanair climbing after it issued a bullish outlook while…
Brexit strongly affect U.K. economy as recession risk increases
The U.K.’s decision to leave the European Union inflicted an immediate blow on the economy as business activity…
Europe venture capital start-up funding plunges 27% over Brexit concerns
European venture capital (VC) funds raised a record amount of money in the first half of 2016, but the amount of…
Travel stocks fall after France attack, weigh on European shares
The shares of European travel and leisure companies fell on Friday, weighing on the region's stock markets, after…
Brexit vote uncertainty hits UK housing market: RICS
Uncertainty resulting from Britain's vote to leave the European Union (EU) brought about a marked drop in housing…
S&P 500, Dow end at record highs despite caution; oil falls
The S&P 500 and Dow U.S. stock indexes ended at fresh record highs on Wednesday even as a rally in U.S. and…
TUI finalizes $1.4 billion order for Boeing planes
European travel group TUI AG (TUIT.L) has finalised an order with U.S. planemaker Boeing (BA.N) to buy 10 737 MAX 8…