Category: European
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Plus500 joins major European index as stock hits record high
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Israeli online CFD platform Plus500 (LSE: PLUS) has seen its share price rise by 70% over the past year, and is currently trading on the main London Stock Exchange at an all-time high. Last week the company published two positive reports: its 2024 financial results and that its stock is…
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Elbit wins $60m European counter drone deal
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The modular, multi-sensor, multi-mission ReDrone system is part of Elbit’s advanced EW, Radars and SIGINT portfolio. Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) has been awarded a contract worth approximately $60 million to supply its layered counter-unmanned aerial systems (C-UAS) to a NATO country. The contract will…
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El Al adds flights to European cities after Moscow suspension
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El Al Israel Airlines Ltd (level:Ellal) The company has added flights on high-demand routes between Tel Aviv and major European cities following last week’s decision to suspend Tel Aviv-Moscow flights for the next three months. This decision comes in the wake of a plane crash last month that killed 38…
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European stocks dip at end of holiday-shortened week
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(Reuters) – European stocks fell at the end of a holiday-shortened week, with traders focusing on economic data for clues on the path of interest rates as well as possible changes in US policies under the presidency of Donald Trump. By 0815 GMT, the European STOXX 600 index fell 0.1…
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Defense, Novo and Nestle: 2024 Highs and Lows in European Stocks
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Breadcrumb links BMN Business A surge in defense stocks, gains fueled by trades in banks and a rally in Siemens Energy AG shares were among the highlights for European stocks in 2024, a year that once again saw the region struggle to keep up with the United States. Article writer:…
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European Gas Faces a Raft of Challenges With Transit Deal Ending
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Breadcrumb links BMN Business Europe is on the verge of losing a significant portion of its gas supplies, with a key transit agreement between Moscow and Kiev expiring on December 31. Unless an alternative arrangement is reached in the final days of the year, stopping Russian flows through Ukraine will…
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Elbit Systems wins $175m orders from European NATO country
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Elbit Systems (TSX: ESLT, Nasdaq: ESLT) announced today that it has won two contracts worth a total of $175 million (NIS 620 million) to supply EW (electronic warfare) and DIRCM (directed infrared countermeasures) self-protection systems. Wings of a European country in NATO. The contracts will be implemented over a period…
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Why Choose an Eastern European BPO Boutique Company?
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Have you ever felt like your business deserves more than a one-size-fits-all outsourcing solution? What if you could partner with a company that not only understands your unique needs, but also shares your vision for success? Imagine a collaboration that combines personal service with exceptional expertise. Welcome to the world…
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Charting the Global Economy: Prospects Dim for European Economy
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Breadcrumb links BMN Business Business activity in the euro zone unexpectedly contracted this month, raising concerns about the outlook for the European economy and suggesting that the European Central Bank will need to be more aggressive with interest rate cuts. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted…
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AI Tools Enhance Productivity Without Reducing Jobs, Say European Start-Ups
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A recent study by venture capital firm Index Ventures, which surveyed 600 European technology startups, revealed that the majority do not believe the adoption of AI tools will lead to job losses. Half of the companies surveyed view investing in AI as an opportunity to hire more employees, while an…
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Largest European Telecom Begins Bitcoin Mining
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Deutsche Telekom, Europe’s largest telecommunications provider, has announced a pilot project to power Bitcoin mining infrastructure using surplus renewable energy. This initiative is a collaboration between Deutsche Telekom’s MMS and Bankhaus Metzler, with the aim of making use of excess electricity that may remain unused due to network constraints or…
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Largest European Telecom Begins Bitcoin Mining
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Deutsche Telekom, Europe’s largest telecommunications provider, has announced a pilot project to power Bitcoin mining infrastructure using surplus renewable energy. This initiative is a collaboration between Deutsche Telekom’s MMS and Bankhaus Metzler, with the aim of making use of excess electricity that may remain unused due to network constraints or…
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Despite EU green light European airlines stay away from Israel
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Despite the decision of the European Union Aviation Safety Agency (EASA) to lift its recommendation against flying to Israel, European airlines are still reluctant to fly to Israel. Hungarian low-cost carrier Wizz Air has canceled all flights until at least October 23, and Polish airline LOT has postponed all flights…
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European equity close: Strong bounce with the DAX leading the way
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk 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 or…
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Forexlive European FX news wrap: Tight ranges as we await the US CPI
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk 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 or…
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Forexlive European FX news wrap: Choppy price action persists
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk 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 or…
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European shares rise as energy stocks shine on wider Middle East conflict By Reuters
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Written by Pranav Kashyap (Reuters) – European stocks rose on Friday, supported by energy shares in the region, after prices rose on concerns about a deeper conflict in the Middle East. The European index rose 0.2%. However, the index is on track to record its worst week since September 2,…