European markets lower ahead of G-7 summit

European markets lower ahead of G-7 summit

On Wall Street, stocks were lower, with market sentiment offset by trade concerns with investors focused on this weekend’s summit of G-7 world leaders in Quebec. President Donald Trump‘s tariffs on steel and aluminium imports have caused upset among other G-7 members, including Canada and France. While Trump may not mind being isolated, “we don’t […]

Flying to Europe this summer? Join the club

Flying to Europe this summer? Join the club

WOW air and other low-cost carriers based in Europe are responsible for much of the growth in transatlantic flights coming to or from the U.S. WOW air, which started flying in 2012, wasn’t even serving the U.S. in the summer of 2014. Four years later it’s expected to offer more than a million seats between […]

Rome's battle with Europe will show if Italy is too big to fail, strategist says

Rome's battle with Europe will show if Italy is too big to fail, strategist says

Franco Origlia/Getty Images Giuseppe Conte delivers a declaration after a meeting with Italian President Sergio Mattarella as part of consultations for a new government at the Quirinale Palace on May 23, 2018 in Rome, Italy. There’s a standoff emerging between the European Union and the new Italian government, one which will ultimately answer the question […]

Uber is launching its bike-share company Jump in Europe

Uber is launching its bike-share company Jump in Europe

In the two months since Uber bought bike-share startup Jump, the company’s bright red bikes have already rolled out across a few US cities — and now they’re coming to Europe. Onstage at today’s NOAH Conference in Berlin, Uber CEO Dara Khosrowshahi announced that the company would be expanding beyond its traditional taxi rides with […]

Europe markets open higher, latest US-China trade developments in focus

Europe markets open higher, latest US-China trade developments in focus

Italy’s incoming coalition government won its first confidence vote by the Senate on Tuesday evening. New Prime Minister Giuseppe Conte presented the coalition’s plans to crackdown on immigration and up welfare spending while cutting taxes. But Jens Weidmann, head of Germany’s central bank, warned that the market reaction to Italy’s unstable politics demonstrates that the […]

Europe is still addicted to Russian gas

Europe is still addicted to Russian gas

Try as it might, Europe just can’t dump Russia. President Vladimir Putin was given a warm welcome in Vienna on Tuesday, the 50th anniversary of Austria becoming the first western country to import Soviet gas during the Cold War. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; […]

Porsche halts new vehicle sales in Europe to adjust to new emissions standards

Porsche halts new vehicle sales in Europe to adjust to new emissions standards

Reddit Tweet Share Share Email Porsche has temporarily suspended the sale of new vehicles in Europe, due to the company’s current offerings not meeting the region’s new emissions standards. Buyers using Porsche’s online vehicle configurator for Europe were prompted with a message informing visitors that due to a […]

UK and Europe would 'all lose' without security deal, says Javid

UK and Europe would 'all lose' without security deal, says Javid

The EU is split on post-Brexit security cooperation, the UK home secretary has said, as he introduced a new government counter-terrorism strategy with an appeal for Brussels to focus on maintaining strong links. Sajid Javid, outlining the approach, called Contest, in a speech in London, said it would be “wrong and reckless” for either side […]

Slovenia Elections Tilt Another European Country to the Right

Slovenia Elections Tilt Another European Country to the Right

“I will say what I have said already before: We are for solidarity, but we are against stupidity,” he said, advocating a policy of discouraging migrants from coming to Europe by improving conditions in their own countries. “For those who are trying to get to Europe to have a better life, we have to improve […]

Europe wants to take the heat out of Trump's steel war. That might be risky

Europe wants to take the heat out of Trump's steel war. That might be risky

Donald Trump’s decision to slap tariffs on imported steel and aluminium presents the rest of the world with a stark choice: fight fire with fire or play for time. Despite all the bellicose rhetoric that accompanied the well-signalled protectionist action from Washington, the latter course is the preferred option for now. Brussels and Beijing have already […]