Category: Europe
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China’s Leapmotor and Stellantis open orders in Europe for budget EVs By Reuters
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MILAN (Reuters) – Chinese automaker LibMotor and partner Stellantis said on Tuesday they would start taking orders in Europe for a city car and an SUV as they expand their low-cost electric vehicle offering in the region. Stellantis owns a 51% stake in its joint venture Leapmotor International and has…
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Tesla shares gain on plans to launch Full Self-Driving in Europe, China By Reuters
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Written by Akash Sriram (Reuters) – Tesla Inc (NASDAQ:TSLA) shares rose 2.6 percent before the bell on Thursday after the electric carmaker stuck to its plans to launch its advanced driver assistance software for Full Self-Driving (FSD) in China and Europe pending regulatory approval. This comes about a month before…
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Tesla shares gain on plans to launch Full Self-Driving in Europe, China By Reuters
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Written by Akash Sriram (Reuters) – Tesla Inc (NASDAQ:TSLA) shares rose 2.6 percent before the bell on Thursday after the electric carmaker stuck to its plans to launch its advanced driver assistance software for Full Self-Driving (FSD) in China and Europe pending regulatory approval. This comes about a month before…
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Political Polarization in Europe threatens Euro stability amid rising extremism By Investing.com
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Macquarie noted on Tuesday that the euro is facing increasing pressure as political polarization in Europe, particularly in Germany, increases, raising concerns about the currency’s stability. Recent local elections in Germany, where far-left and right-wing parties won nearly half the votes in the states of Thuringia and Saxony, have deepened…
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China EV maker Xpeng considers Europe factory in areas with ‘low labor risks’
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Xpeng Inc. is looking for a manufacturing site in Europe, making it the latest Chinese electric vehicle maker to seek to mitigate the impact of import tariffs by building its vehicles in the region. Volkswagen AG’s Chinese partner is in the early stages of selecting a site in the European…
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Swiss finance minister chides US, Europe over ‘time bomb’ debt levels By Reuters
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ZURICH (Reuters) – Debt levels in the United States and Europe pose a risk to international financial stability and to Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday. In an interview with the Swiss daily Blick, Keller-Sutter praised Switzerland’s “disciplined” finances, which she said…
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How much damage would Trump tariffs do to Europe? By Investing.com
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The potential re-imposition of tariffs by the Trump administration poses a risk to Europe’s economic outlook. According to analysts at Capital Economics, these tariffs could cause significant damage to the European economy, especially by affecting key industries such as car and machinery manufacturing, which rely heavily on exports to the…
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Americans wanting to move to Canada, Europe, spike after Trump vs Biden debate
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They say politics and religion shouldn’t be discussed in polite conversation. But for some people, that rule can be hard to follow — they’re leaving the country because of the U.S. presidential election. Business is booming for companies that specialize in moving American citizens to countries like Canada and Europe.…
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Dow misses profit estimates on lower demand in Asia, Europe
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(Reuters) – Dow Chemical Co said on Thursday it missed second-quarter earnings expectations, hurt by lower prices and demand in key markets including Asia and Europe. Manufacturing activity in the eurozone and China declined during the quarter, with Chinese economic data in June showing raw material stocks in contraction territory.…
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Ferrari To Accept Bitcoin and Crypto Payments In Europe
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Ferrari, a luxury sports car manufacturer announced that it will expand Ferrari has announced that it will be accepting payments in bitcoin and cryptocurrencies at its European dealerships starting this month. The move comes after Ferrari first began accepting bitcoin and cryptocurrency payments at its U.S. dealerships last year. Urgent:…
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Ferrari To Accept Bitcoin and Crypto Payments In Europe
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Ferrari, a luxury sports car manufacturer announced that it will expand Ferrari has announced that it will be accepting payments in bitcoin and cryptocurrencies at its European dealerships starting this month. The move comes after Ferrari first began accepting bitcoin and cryptocurrency payments at its U.S. dealerships last year. Urgent:…
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France urges Europe to step up work on faster stock market settlements By Reuters
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PARIS (Reuters) – The Bank of France and the country’s financial markets regulator urged Europe on Monday to step up work on halving the time it takes to settle stock trades, allowing Europe to catch up with Wall Street. The joint statement from the Bank of France and the securities…
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What is the impact of potential Trump 2.0 on Europe? By Investing.com
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Donald Trump’s odds of winning a second term are increasing, with prediction markets now giving him a 60% chance of victory in November. Given the major economic and geopolitical shifts that Trump’s first term has seen, a potential second Trump presidency could have profound implications for Europe, according to analysts…
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UK and Spain emerge as top investment destinations in Europe
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The UK and Spain have been identified as the most attractive places to invest in Europe, according to a recent Bank of America survey. The survey, which surveyed 242 fund managers overseeing a combined $632 billion in assets, was conducted from July 5 to 11 and highlights a marked shift…
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A light one on the agenda in Europe to start the week
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In case you missed the big news over the weekend in the US: I love him and I hate him. It is not reasonable to want another person dead. Trump got a little cut on his ear because of his bad luck, but we could have had a different headline…
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Global Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads With 37.32%
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Global cryptocurrency trading volume is expected to exceed $108 trillion this year, reflecting an increase of about 90% compared to 2022, according to CoinWire. Europe has taken the lead in this growing market, accounting for 37.32% of the total cryptocurrency transaction value, and is expected to see a 2.7-fold increase…
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Global Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads With 37.32%
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Global cryptocurrency trading volume is expected to exceed $108 trillion this year, reflecting an increase of about 90% compared to 2022, according to CoinWire. Europe has taken the lead in this growing market, accounting for 37.32% of the total cryptocurrency transaction value, and is expected to see a 2.7-fold increase…
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NATO allies are discussing reclaiming some Chinese-owned infrastructure in Europe
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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London leads Europe on new FDI while much of UK sees drop, survey shows By Reuters
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LONDON (Reuters) – London overtook Paris last year to become the biggest region in Europe for new foreign direct investment but many other parts of the United Kingdom saw FDI fall, according to data that highlights the challenge facing the new government in spreading development across the country. Accountancy firm…