Passengers wearing a face mask or covering due to the COVID-19 pandemic, arrive at Heathrow airport, west London, on July 10, 2020. daniel leal-olivas/Agence France-Presse/Getty Images Gold surged to a record and the dollar weakened Monday while European travel stocks slumped. As U.S. lawmakers debate another round of stimulus and …
Read More »Europe Markets: European stocks tumble as China tightens its grip on Hong Kong
European stocks fell on Friday, with investors spooked by news that China will tighten control over Hong Kong with a new security law, sparking fears of fresh unrest and an added stress on Beijing and Washington relations. The Stoxx Europe 600 index SXXP, -0.73% fell 1.3% to 335.82 after a …
Read More »Europe Markets: European stocks rise at the open on lockdown-lifting optimism
European stocks rose on Monday on optimism over lockdown restrictions being lifted across the globe. The German DAX DAX, +0.36% rose 0.3% and the U.K. FTSE 100 UKX, +0.76% , after a three-day break, rose 0.8%. Stocks hit hard during the crisis including Virgin Money UK VMUK, +8.45% and CINE, …
Read More »As France and Spain unveil lockdown easing plans, here’s a look at what steps European countries have taken
Europe is taking more cautious steps toward reopening their shuttered, and battered, economies as data show the growth in coronavirus cases has ebbed. So far the tentative steps taken haven’t led to a resurgence of the virus — one of the big fears. The latest data show new cases of …
Read More »As Germany begins to open up, here’s a look at which European countries have relaxed their coronavirus restrictions
First in, first out. As European nations contracted coronavirus earlier than the U.S., they also are relaxing restrictions as the COVID-19 disease is spreading more slowly. German Chancellor Angela Merkel on Wednesday night set out plans for a gradual reopening of the eurozone’s largest economy. The European Commission, meanwhile, has …
Read More »The Tell: Here are the European and Asian coronavirus plays that have rallied while markets have gone sour
Markets outside the U.S. haven’t been spared the pain from the coronavirus that has closed much of the economy. According to S&P Dow Jones Indices, global markets have lost $ 14.9 trillion in value from their Feb. 29 high, and international stocks lost about a quarter of their value in …
Read More »This European company isn’t sugarcoating its coronavirus problem
Pernod Ricard, the maker of Jameson whiskey and Absolut vodka, cut its annual profit growth outlook for 2019-2020 on Thursday, as it said China’s coronavirus epidemic was likely to have a “severe” impact on its third-quarter performance. The French spirits maker, which generates 10% of its global sales in China, …
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