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Europe's Booming, but Investors Aren't Making Much

Europe's Booming, but Investors Aren't Making Much

Europe’s economic boom and its stable politics have fulfilled investors’ deepest wishes over the past year. All bar one: European stocks have barely made them a single euro. In the past 12 months, the Stoxx Europe 600 has delivered only 0.3% gains in local-currency terms, accounting for both share-price appreciation and dividends, compared with a 14% […]

Europe Targets US Asset Managers

Europe Targets US Asset Managers

Just what the world needs: another European antitrust investigation. Competition Commissioner Margrethe Vestager says the European Union’s office that never sleeps is researching stock ownership, and the effort could eventually ensnare U.S. investment firms like Blackrock and Vanguard. Ms. Vestager is worried that large asset managers that own shares in multiple companies within the same […]

Europe regulators back tough rules for spread-betters

Europe regulators back tough rules for spread-betters

Hannah Murphy in London March 27, 2018 Print this page Europe’s markets watchdog has firmed up tough new rules to restrict online trading platforms that offer risky speculative products to retail investors. The rules come despite frantic lobbying from the industry, in a blow that is set to knock its profitability. Using new powers granted […]

Shingrix Approved in Europe and Japan for Prevention of Shingles

Shingrix Approved in Europe and Japan for Prevention of Shingles

Drug regulators in Europe and Japan have approved a recombinant, adjuvanted herpes zoster vaccine (Shingrix, GlaxoSmithKline) to prevent shingles (in Europe and Japan) and postherpetic neuralgia (in Europe only) in adults aged 50 years or older, the company has announced. Shingles is caused when the same varicella zoster virus that causes chickenpox becomes reactivated. In most […]

Tariffs, Strikes, Facebook: Your Friday Briefing

Tariffs, Strikes, Facebook: Your Friday Briefing

But the anger on the streets has found little expression in France’s legislature, where Mr. Macron has been given free rein to ram through major legislation. _____ Photo Credit Norberto Duarte/Agence France-Presse — Getty Images • “The most important thing is that we fix this system.” Mark Zuckerberg, the chief executive of Facebook, gave an […]

Europe Said to Be Close to Exemption on Trump Metal Tariffs

Europe Said to Be Close to Exemption on Trump Metal Tariffs

The European Union believes it’s on track to be exempted from imminent U.S. tariffs on foreign steel and aluminum, dialing down the risk of a trans-Atlantic trade war. European Trade Commissioner Cecilia Malmstrom ended two days of talks in Washington with the hope of a U.S. pledge to exclude the EU from the import duties […]

European markets close lower as Fed considers rate hike; Kingfisher dives 10.7%

European markets close lower as Fed considers rate hike; Kingfisher dives 10.7%

The pan-European Stoxx 600 closed slightly lower, down by 0.17 percent with business sectors and major bourses revealing a mixed bag at the end of the day’s trading. Europe’s basic resources recovered from losses earlier in the day, rallying 1.7 percent by the market close. Luxembourg-based steel-maker Arcelormittal topped the sector, closing up over 4 […]

Which European coutry has the most prisoners?

Which European coutry has the most prisoners?

The number of people being held in penal institutions across Europe (not including Russia) increased by 2.2% from 2015 to 2016, according to data corroborated by the University of Lausanne for the Council of Europe. The human rights organisation, which collects figures as part of two related projects known as SPACE I and II, found […]

Europe Tops Most Livable Cities Index

Europe Tops Most Livable Cities Index

Dancers attend the ‘BonbonBall’ in Vienna, Austria, February 2018. Vienna has retained its first-place status on the Mercer Quality of Living survey for the 9th year in a row. Photo: Joe Klamar/AFP/Getty Images Share this article Twitter Facebook LinkedIn Email Print Article European cities dominate the 2018 Mercer Quality of Living City Survey. Three of […]

Europe markets lower as investors look ahead to Fed meeting; Micro Focus falls 43%

Europe markets lower as investors look ahead to Fed meeting; Micro Focus falls 43%

The pan-European Stoxx 600 was down around 0.7 percent during mid-morning deals, with almost all sectors and major bourses in negative territory. Technology stocks led the losses, down more than 2 percent amid news of a trading update for British tech firm Micro Focus. The company said its CEO had quit amid ongoing problems with […]