Europe

Euro hovers below five-month high; loonie lumbered with softwood tariff

The euro edged back towards the previous day's five-month high on Tuesday after posting its biggest one-day rise since June, on growing confidence that the market-friendly Emmanuel Macron would beat far-right rival Marine Le Pen to become the next French president.

4 years, 3 months ago

Swiss bank plans to cut as many as 6,500 jobs this year

Credit Suisse Group AG signaled it is weighing alternatives to a public offering of its Swiss unit after its $5.3 billion settlement over toxic mortgage securities hurt capital buffers less than estimated. Investors cheered the change in tune.

4 years, 5 months ago

In Shadow of ‘Brexit,’ NATO Will Sound Message of Unity Against Russia

Polish leaders have been waiting for years for a NATO summit meeting that would recognize what, to them, is a self-evident reality: that the proper way to respond to an increasingly pugnacious Russia is to plant more alliance troops and weaponry along the eastern front.

5 years ago

Britain’s Political Chaos Makes Brexit All The More Confusing

What a weird few days in Britain. As the country -- and the continent eyeing it warily across the Channel -- attempted to come to grips with the fallout of last week's vote to leave the European Union, its political parties imploded in a frenzy of backstabbing and internecine struggle.

5 years, 1 month ago

Post-Brexit: Ces Secteurs Qui Risquent d’Être Affectés

Plusieurs secteurs font affaire avec le Royaume-Uni. Son retrait de l’Union européenne ne sera donc pas sans conséquence sur leurs activités. Gros plan sur les appréhensions et les attentes des opérateurs économiques.

5 years, 1 month ago

Échanges Commerciaux – Post-Brexit: Maurice Nage En Pleine Incertitude

Les principaux marchés boursiers chutent. La livre sterling s’effondre. L’euro s’affaiblit. Le retrait britannique de l’Union européenne a créé un vent de panique. Maurice, pays exportateur vers la Grande-Bretagne et l’Europe, se prépare à en surmonter les impacts, et ce dans un climat incertain.

5 years, 1 month ago

Britain's Financial Sector Reels After Brexit Bombshell

Britain's 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, leaving question marks over London's status as Europe's premier financial center.

5 years, 1 month ago

Britain Votes To Leave EU, Unleashing Global Turmoil

Britain has voted to leave the European Union, results from Thursday's landmark referendum showed, a stunning repudiation of the nation's elites that deals the biggest blow to the European project of greater unity since World War Two.

5 years, 1 month ago

Surpêche Du Thon: Le Lobby Européen Fait Reculer Maurice

La question de surpêche du Yellowfin Tuna (thon jaune) dans l’océan Indien n’est pas près d’être réglée.

5 years, 1 month ago

500 Feared Dead After Migrant Boat Sinks in Mediterranean

As many as 500 migrants are feared to have drowned in the Mediterranean while attempting to reach Italy from Libya by boat last week, the United Nations refugee agency said on Wednesday.

5 years, 3 months ago

One Suspect Dead, at Least One Still at Large After Brussels Terror Raid

At least one suspect is still at large after an anti-terror raid by Belgian and French police officers investigating November’s Paris attacks was met with heavy-weapon gunfire that left four police officers wounded.

5 years, 4 months ago

HSBC Decides The Grass is Still Greener in London

HSBC, one of the world’s biggest banks, has decided to keep its headquarters in the U.K. after all.

5 years, 5 months ago

Industrie Cannière: Baisse de 31% du Prix du Sucre à Partir de 2017

Avec le prix de référence de € 723 (environ Rs 28 900) en 2012, le prix du sucre sur le marché européen chutera de 31 % à partir de 2017. C’est ce que rapporte un récent document sur les perspectives pour les marchés et revenus agricoles de l’Union européenne (UE), qui traite de l’expiration de quota sur le sucre et d’isoglucose le 30 septembre de l’année prochaine.

5 years, 5 months ago

Global Shares, Euro Fall, Oil and Gold Up after Paris Attacks

The euro hit its weakest in more than six months against the yen on Monday as investors sought safety in gold and low-risk government debt after Friday's attacks in Paris.

5 years, 8 months ago

The European Union Will Pay African Countries to Take Back Their Economic Migrants

European leaders are expected to offer African countries billions of euros in exchange for repatriating migrants that have moved to Europe in search of work, not to escape war.

5 years, 8 months ago