European markets open to close, stocks, data as ECB meets in Sintra

European markets open to close, stocks, data as ECB meets in Sintra

LONDON – European stocks closed lower on Wednesday as global market sentiment remained bearish, with investors nervous about a possible recession. The pan-European Stoxx 600 provisionally closed down by 0.7%, with shares of autos firms shedding 2.7% to lead losses as almost all sectors and major stock exchanges slid into the red. Health care stocks … Read more

European markets open to close after worst quarter since 2020

LONDON – European markets are set to pull back on Friday after suffering their worst quarter since the onset of the Covid-19 pandemic, as inflation and interest rate hikes continue to weigh on sentiment. Britain’s FTSE 100 is seen around 25 points lower at 7,144, Germany’s DAX is set to fall by around 93 points … Read more

G7 leaders push to cap oil prices – POLITICO

Press play to listen to this article ELMAU, Germany – Behind the free-trading fa├žade of the G7, there’s now more than a whiff of Gosplan, the old Soviet central planning committee. Like price-fixing apparatchiks, leaders of the G7, the world’s industrialized democracies, convened in the Bavarian Alps for their annual meeting with a plan to … Read more

European markets open to close, data, earnings, G-7, Ukraine

LONDON – European stocks are expected to open higher on Monday, continuing a positive trend seen at the end of last week’s trading. The UK’s FTSE index is seen opening 34 points higher at 7,245, Germany’s DAX 105 points higher at 13,239, France’s CAC 40 up 35 points at 6,119, and Italy’s FTSE MIB up … Read more

How Macron’s failures created an ungovernable France

At the ballot box, Macron’s display of martial statesmanship was a damp squib. Particularly galling for him was the sheer indifference of the voters, a record proportion of whom (53 per cent) abstained. The President’s manic hyperactivity was met by a classic Gallic shrug. And so, after taking a wrecking ball to the traditional parties, … Read more

As Jack Vettriano opens a new show, he reveals how drink and drugs nearly destroyed him

His artwork is known for its erotic charge – paintings of women dressed in little more than stockings and high heels, while men look on either in the throes of lust or the depths of despair. But while plundering both his imagination and his own tortured love affairs for his work has given Jack Vettriano … Read more

European stocks open to close as recession fears continue

LONDON – European stocks are expected to open lower Thursday, as global markets see renewed volatility after a brief recovery following last week’s tumultuous trading. The UK’s FTSE index is seen opening 38 points lower at 7,053, Germany’s DAX 79 points lower at 13,079, France’s CAC 40 down 40 points at 5,879, and Italy’s FTSE … Read more

Macron calls for ‘cooperation’ from other parties after losing parliamentary majority – POLITICO

PARIS – French President Emmanuel Macron called Wednesday for “responsibility and cooperation” from other political parties in his first speech since losing an absolute majority in parliament, suggesting it could be possible to build a coalition deal to pass legislation. “As in most Western democracies, whether it is Germany, Italy, or many others, no single … Read more

How Russia can beat EU sanctions – POLITICO

Press play to listen to this article Europe has deployed an unprecedented arsenal of economic sanctions against Moscow in an attempt to weaken Russia’s economy and force Vladimir Putin to abandon his war in Ukraine. But as the export bans bite over the coming months, Russia will start to crave banned goods that are essential … Read more

European markets open to close, earnings, data, central banks

LONDON – European stocks are expected to open in negative territory on Wednesday, giving up gains made in the previous session amid more positive global sentiment. The UK’s FTSE index is expected to open 45 points lower at 7,103, Germany’s DAX 112 points lower at 13,180, France’s CAC 40 down 56 points at 5,906, and … Read more