Europe

Europe Unveils Hi-tech Satellite to Speed up Extreme Weather Warnings

Europe on Wednesday unveiled the first of a 4 billion euro ($4 billion) family of satellites designed to give earlier warning of extreme weather that has been causing havoc across the globe this year. The result of 12 years of development for the European Space Agency and 30-nation EUMETSAT, the MTG-I1 satellite will be launched […]

EU Securities Watchdog to Arm Itself with Crypto Data

The European Union’s securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it called a “Wild West” sector, a public tender document showed. While cryptoasset firms will be licensed by national regulators in the 27-country bloc, the European Securities and Markets Authority (ESMA) will […]

neutrality.one, Neterra and Arc Partner to Provide an Interconnected Ecosystem Across the Americas, Europe and the Middle East

The partnership enables the companies to rapidly serve customer demand across multiple geographies with a single seamless experience.  Dubai, UAE, 2nd March 2022 – neutrality.one, a cloud networking company delivering software-defined infrastructure, has partnered with Neterra, a global connectivity and telecom solution provider, and Arc Solutions, a provider of integrated networking solutions, to provide seamless connectivity services across the […]

Wall St Rallies as West Hits Russia with New Sanctions

U.S. stocks ended sharply higher on Thursday, led by a three percent gain in the Nasdaq, in a dramatic market reversal as U.S. President Joe Biden unveiled harsh new sanctions against Russia after Moscow began an all-out invasion of Ukraine. The S&P 500 rose more than one percent, ending a four-day slide amid worries over […]

European Stocks Flat as Russia-Ukraine Jitters Keep Investors on Edge

European shares ended flat on Tuesday as gains in auto and travel shares were offset by geopolitical risks, with some Western countries imposing sanctions on Russia after it ordered troops into two breakaway regions of eastern Ukraine. The pan-European STOXX 600 index was flat, with automakers, travel stocks and technology shares the top gaining sub-indexes, […]

Tech, Auto Stocks Lead European Shares Lower

European shares fell as much as 2 percent on Friday, dragged down by auto and technology stocks, amid prospects of higher interest rates and geopolitical tensions in Ukraine. The pan-European STOXX 600 was down 1.4 percent, paring some losses after falling as much as 2 percent earlier in the day, and on track for its […]

Factbox-Gas and Nuclear Are 'Green'? Not So Fast, Say Some Investors

The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views of some investors spoken to by Reuters. Ian Simm, founder and CEO at Impax Asset Management “The inclusion of gas and nuclear (with conditions/caveats) in the EU taxonomy reflects a […]

European Stocks Slip Again With Tech Under Pressure

European shares slipped in early deals on Monday, with technology stocks falling the most after worries about tighter monetary policies triggered a bruising sell-off in global equities last week. The pan-European STOXX 600 index slipped 0.4% by 0814 GMT, with Asian stocks also under pressure as investors braced for a hawkish update from the Federal […]