Europe News
UBS beats expectations for the first quarter; continues to reduce Russia exposure
UBS has beat expectations for the first quarter of 2022 and said it has further reduced its exposure to Russia. The Swiss bank on Tuesday reported net profit attributable to shareholders of $2.136 billion, above forecasts compiled by the bank of $1.79 billion. It marks a 17% rise from the $1.82 reported for the same period […]
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Macron has won France’s presidential election. But the far-right is upping its game
Addressing her supporters in Paris Sunday night, Le Pen conceded defeat but said: “We have nevertheless been victorious.” Thierry Chesnot | Getty Images News | Getty Images French President Emmanuel Macron may have just won a second term in office, but political analysts believe the continued rise of the far-right will cause him significant headaches […]
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Macron beats far-right rival Le Pen in French presidential election, projections show
If Macron’s win is confirmed then he’ll likely continue his reformist agenda. Louise Delmotte | Getty Images News | Getty Images France’s Emmanuel Macron looks set to comfortably beat his far-right rival Marine Le Pen in Sunday’s election, securing a second term as president on his pro-business and pro-EU agenda. Centrist Macron of the La […]
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Macron faces off against far-right rival Le Pen as France heads to the polls
The second — and final — round of voting sees centrist incumbent Emmanuel Macron face off against nationalist and far-right candidate Marine Le Pen. Chesnot | Getty Images News | Getty Images French citizens are heading to the polls Sunday in a presidential election set against the backdrop of war in Ukraine and a cost […]
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Russia ties haunt far-right candidate Le Pen as France gears up for election day
France’s far-right party Rassemblement National candidate for the 2022 French presidential election Marine Le Pen. Chesnot | Getty Images News | Getty Images The leader of France’s nationalist and far-right political party, Marine Le Pen, has seen her momentum stall in the runup to Sunday’s vote with her previous links to Russia resurfacing in recent […]
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IMF warns of further market sell-offs as central banks adjust policy
The International Monetary Fund has warned of more market sell-offs as central banks try to combat higher inflation and ease back on pandemic stimulus measures. Market players had started the year on an optimistic footing, predicting some economic momentum on the back of an easing of Covid-19 restrictions, which would likely provide a boost to […]
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IMF cuts global growth forecasts on Russia-Ukraine war, says risks to economy have risen sharply
A view of damage in the Ukrainian city of Mariupol under the control of Russian military and pro-Russian separatists, on April 17, 2022. Anadolu Agency | Anadolu Agency | Getty Images The International Monetary Fund on Tuesday cut its global growth projections for 2022 and 2023, saying the economic hit from Russia’s unprovoked invasion of […]
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How Russia’s war is cutting global auto production
Russia’s invasion of Ukraine has led auto industry watchers to cut production and sales forecasts for the next two years. The crisis has shuttered factories in Eastern Europe, and caused spikes in the prices of already precious raw materials. Some factories in Ukraine have tried to keep going amid the invasion. Workers have reportedly had […]
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U.S. doubts new Russian war chief can end Moscow’s floundering
A Ukrainian soldier stands watch by a building severely damaged in attacks by Russian forces in the Makariv region near Kyiv on April 10, 2022. Russia has tapped a new Ukraine war commander to take centralized control of the next phase of battle. Cem Tekkesinoglu | Dia Images | Getty Images News Russia has tapped […]
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France’s Macron to face far-right rival Le Pen in presidential election runoff
The cost of living and the war in Ukraine have been front and center of the political debate ahead of the French vote. Chesnot | Getty Images News | Getty Images French leader Emmanuel Macron and his far-right rival Marine Le Pen topped the first round of presidential elections on Sunday, according to exit polls, […]
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