European Central Bank

Euro holds near 2-week high, awaits ECB and Nordstream clarity

The euro held near two-week highs versus the dollar on Wednesday on expectations of a bigger ECB interest rate increase…

3 years ago

Stocks make recovery bid, hemmed in by weakening world economy

World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn,…

3 years ago

Chipmakers revive stocks as euro struggles after freefall

Chipmakers revived stock markets on Thursday, helping to sooth investor worries over a potentially rapid recession because of looming rate…

3 years ago

Recession fears creep into ECB thinking at summer conference

European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital…

3 years ago

World stocks skid as consumer data flashes recession worry

Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that…

3 years ago

Stocks stage small bounce as investors weigh cenbanks’ next moves

Stock markets chalked up modest gains on Monday after last week's hefty losses as investors braced for a host of…

3 years ago

Monte dei Paschi names veteran UniCredit executive as CFO

Monte dei Paschi di Siena (BMPS.MI) has named veteran UniCredit (CRDI.MI) executive Andrea Maffezzoni as its new chief financial officer as it prepares to…

3 years ago

Bank of England tells banks to take climate action now or face profit hit

Banks and insurers that fail to manage climate risks as a "first-order" issue could face a 10% to 15% hit…

4 years ago

Stocks slump as Snap cracks rally, Lagarde lifts euro

Shares slid worldwide on Tuesday as fears about weak earnings and slowing growth punctured the recent mini-rally, while hawkish remarks…

4 years ago

Dollar rides to two-decade highs as rates rise; euro struggles

The dollar climbed to its highest levels in two decades on Monday as a combination of rising U.S. Treasury yields…

4 years ago