Tag: Reuters

#Italy woes quell Fed cheer for European stocks

#Italy woes quell Fed cheer for European stocks

| June 5, 2019

European shares opened flat to marginally higher on Wednesday (5 June), as concerns about Italy’s budget offset hopes of an interest rate cut from the Federal Reserve to prop up a slowing global economy, write Sruthi Shankar and Amy Caren Daniel. Europe’s main STOXX 600 index rose 0.1% after Wall Street and Asian markets had both […]

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#Brexit uncertainty hits business confidence in Europe, survey shows

#Brexit uncertainty hits business confidence in Europe, survey shows

| May 30, 2019

Uncertainty over Britain’s departure from the European Union has triggered a sharp drop in business confidence in Europe over the past six months, a survey showed on Thursday, according to Reuters’ Carolyn Cohn. Only 50% of European business leaders said they were confident about the ability of their firms to grow and prosper, compared to 70% […]

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Internet firms to be subject to new EU cybersecurity rules

Internet firms to be subject to new EU cybersecurity rules

By Julia Fioretti (Reuters) Internet firms such as Cisco (CSCO.O), Google (GOOGL.O) and Amazon (AMZN.O) will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and possibly report serious breaches to national authorities, according to a document seen by Reuters. The so-called Network and Information Security Directive has been […]

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Renzi slams head of Bundesbank

Renzi slams head of Bundesbank

Italian Prime Minister Matteo Renzi (centre) with European Commission President José Manuel Barroso (left) and members of the Commission following a meeting in Rome yesterday (4 July). Photograph: Remo Casilli/Reuters By Suzanne Lynch Italian prime minister Matteo Renzi has criticized the head of the German central bank, Jens Weidmann, saying the Bundesbank should not get […]

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