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Stocks rally falters as virus and trade nerves linger

Europe's share markets, bond yields and the euro all inched higher on Tuesday, as mildly reassuring signals from China's economy helped limit worries about a potential second wave of coronavirus infections......»»

Category: topSource: reutersMay 12th, 2020

Air France-KLM union tensions surface in bailout"s wake

Air France-KLM's French unions on Monday criticised calls by their Dutch counterparts for KLM to be given greater autonomy, amid signs that a multibillion-euro coronavirus bailout is increasing tensions within the airline group......»»

Category: topSource: reutersMay 4th, 2020

EU clears French 5 billion euro loan guarantee to Renault

The European Commission approved on Wednesday a 5 billion euro ($5.4 billion) loan guarantee to carmaker Renault group to mitigate the impact of the coronavirus crisis......»»

Category: topSource: reutersApr 29th, 2020

Risk currencies buoyed by cautious hopes pandemic is peaking

Risk-sensitive currencies climbed on Thursday on budding optimism the coronavirus pandemic may be peaking although the euro was dented by the European Union's failure to agree on more support for their weakened economies......»»

Category: topSource: reutersApr 8th, 2020

Exclusive: Air France-KLM in talks on multibillion euro state-backed loan package

Air France-KLM is in talks with banks to receive billions of euros in loans guaranteed by the French and Dutch governments, as the airline group braces for a sustained coronavirus shutdown, sources told Reuters......»»

Category: topSource: reutersApr 3rd, 2020

U.S. dollar weakens as Fed measure weighs

The dollar fell against a basket of major currencies on Tuesday modestly pressured by the weight of Federal Reserve measures meant to ensure there was enough liquidity in the global financial system......»»

Category: topSource: reutersMar 31st, 2020

Nightmare haunting euro founders may be a reality with Italy

Two decades since the euro began, one of the principal worries of its founders is materializing as the coronavirus rages through the region’s third-largest economy......»»

Category: topSource: moneycentralMar 31st, 2020

French nuclear plants tighten hygiene procedures over coronavirus worries

French utility EDF is introducing stricter hygiene procedures at its nuclear plants after walk-outs by a small number of workers who feared getting infected with coronavirus during radiation screening, union and industrial sources said on Friday......»»

Category: topSource: reutersMar 20th, 2020

European stocks advance and Italian bonds rally after ECB move

European stocks opened higher on Thursday after the European Central Bank announced a new bond-buying program, with the Euro Stoxx 50 up 0.6% and the French CAC 40 rising 1.2%. The.....»»

Category: topSource: marketwatchMar 19th, 2020

Oil rises as OPEC backs deeper supply cuts

Oil rose on Thursday after major producers agreed on deeper output cuts to bolster prices as worries intensify over the fast-spreading coronavirus outbreak and its impact on the global economy and crude consumption......»»

Category: topSource: reutersMar 5th, 2020

Mideast stocks sink as coronavirus worries intensify

Middle Eastern stocks plunged on Sunday, with Kuwait falling the most, as the spread of coronavirus stoked fears that outbreak could hurt the global economy and oil prices......»»

Category: topSource: foxnewsMar 1st, 2020

Economic Report: Economy softens on coronavirus worries and 2020 election qualms, IHS Markit finds

Business in the U.S. contracted in February for the first time in four years owing to disruptions caused by the coronavirus and growing angst over the outcome of the 2020 presidential election, a survey of the economy has found......»»

Category: topSource: marketwatchFeb 21st, 2020

Asia stocks rise on lull in virus worry, euro still weak

Asian shares and U.S. stock futures rose on Wednesday, as investors tried to shake off worries about the coronavirus epidemic after a slight decline in the number of new cases......»»

Category: topSource: reutersFeb 19th, 2020

Asian shares nudge up as virus spread slows, euro fragile

Asian shares and U.S. stock futures edged cautiously higher on Wednesday, as investors tried to shake off worries about the coronavirus epidemic after a slight decline in the number of new cases......»»

Category: topSource: reutersFeb 18th, 2020

Asian shares inch higher, euro teeters on weak economic outlook

Asian shares and U.S. stock futures edged cautiously higher on Wednesday as investors tried to shake off worries about the coronavirus epidemic following a slight decline in the number of new cases......»»

Category: topSource: reutersFeb 18th, 2020

Euro zone ministers discuss fiscal boost options as virus worries weigh

Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic......»»

Category: topSource: reutersFeb 17th, 2020

Shrinking French economy adds to euro zone GDP growth miss

France's economy unexpectedly shrank in the fourth quarter, contributing to a weaker-than-expected outcome for the euro zone as a whole. Julian Satterthwaite reports......»»

Category: videoSource: reutersJan 31st, 2020

Euro near seven-week low after ECB; China virus worries linger

The euro hovered near a seven-week low against the dollar on Friday after the European Central Bank was seen as more cautious than expected, while anxiety over China's coronavirus outbreak propped up the safe-haven yen......»»

Category: topSource: reutersJan 24th, 2020

Dollar steady as coronavirus contagion fears abate

The U.S. dollar was unchanged against a basket of currencies on Wednesday as safe-haven demand ebbed along with worries about whether the spread of a flu-like coronavirus would hurt the global economy......»»

Category: topSource: reutersJan 22nd, 2020

Safe-haven currencies slip as China virus worries ebb

The U.S. dollar edged lower on Wednesday and the Japanese yen and the Swiss franc slipped amid muted demand for safe haven units as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained......»»

Category: topSource: reutersJan 22nd, 2020