Europe
Pictures show floods ravaging Central and Eastern Europe as death toll rises
Floods brought on by days of heavy rainfalls have been ravaging countries including Poland, Romania, the Czech Republic and Austria, with thousands of people being evacuated as the death toll rises. Austrian Chancellor Karl Nehammer on Monday said in a post on social media platform X, that was translated by CNBC, that two more people […]
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Once the envy of the world, Germany’s car brands now weigh heavily on its struggling economy
Various vehicles and special parts are displayed at Mercedes-Benz Museum, an automobile museum, welcoming its visitors in Stuttgart, Germany on June 28, 2024.. Gokhan Balci | Anadolu | Getty Images Germany’s car industry was once recognized around the world for its high-quality, innovative combustion engine cars. Owning a German car was a luxury and status […]
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Euro zone inflation rises to 2.6% in July, above expectations
People shopping at the downtown market, Cour Lafayette, in Toulon, on July 27, 2024. Magali Cohen / Hans Lucas | Afp | Getty Images Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday, even as price growth in the services sector eased slightly. In June, […]
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Adidas shares rise 5% after hiking 2024 guidance
A Samba shoe on Oct. 12, 2023, in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images Shares in Adidas rose on Wednesday after the company announced it would hike its full year 2024 earnings guidance following better-than-expected preliminary results for the second quarter. Adidas was last up 4.72% at 8:19 a.m. London time. The […]
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UK launches new rules for listings in bid to boost growth for London’s stock exchange
A general view of a dragon boundary mark and the City of London skyline, the capital’s financial district, as the Bank of England raises UK interest rates to 4%. Vuk Valcic Sopa Images | Lightrocket | Getty Images The U.K.’s Financial Conduct Authority announced Thursday new rules for the country’s stock market listings in a […]
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Greece defends new six-day working week legislation, says it’s an ‘exceptional measure’
The Parthenon temple is seen empty due to heatwave in Athens, Greece on June 12, 2024. Costas Baltas | Anadolu | Getty Images The Greek government has defended its new six-day working week policy, saying it is an “exceptional measure” that would only be applied in “specific circumstances.” Greece introduced in early July new regulation […]
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Germany seals 2025 spending plan strategy following months of tense negotiations
German Chancellor Olaf Scholz smiles during a problem time on July 3, 2024 at the Bundestag (lessen household of parliament) in Berlin. Ralf Hirschberger | Afp | Getty Visuals German governing administration leaders on Friday agreed on an outline for the country’s 2025 spending budget soon after rigorous negotiations to bridge a gap value billions of euros. The […]
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Shares, assets, bonds, the pound: Here’s what a new Labour federal government usually means for investing in the Uk
Common perspective of Bishopsgate in the City of London, the capital’s fiscal district. The Uk financial system has reportedly witnessed a lot quicker expansion than in the beginning believed in early 2024. Vuk Valcic | Sopa Images | Lightrocket | Getty Pictures The U.K.’s Labour Social gathering won huge in Thursday’s election and is now […]
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Just after France’s right-wing surge, functions witnessed scrambling to block a Nationwide Rally gain
A individual from at the rear of seems to be at the campaign posters of outgoing deputy Danielle Simonnet (20th arrondissement of Paris, 15th constituency), member of the parliamentary group La France Insoumise (LFI NUPES, remaining-wing opposition), dissident candidate (section of the LFI frondeurs and frondeuses) in the early legislative elections, versus the official prospect […]
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French IT organization Atos falls 12%, faces important share dilution after choosing rescue offer
This photograph taken on April 26, 2024 reveals the headquarters of the French multinational facts technologies organization ATOS in Bezons, in the vicinity of Paris. (Photograph by Ludovic MARIN / AFP) (Picture by LUDOVIC MARIN/AFP via Getty Images) Ludovic Marin | Afp | Getty Images Shares in beleaguered French IT organization Atos fell shut to […]
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