European

Sterling falls as BoE expects recession, U.S. futures up

European stocks slip, oil recovers, traders await U.S. jobs data

LONDON, Aug 5 (Reuters) – European equities slipped slightly on Friday but were still set for a weekly gain, while traders waited for U.S. jobs data due later in the session to give clues as to the health of the world’s largest economy. The MSCI world equity index, which tracks shares in 47 countries, was …

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European Union Passes Landmark Big Tech Regulations

European Union Passes Landmark Big Tech Regulations

In a final vote, the European Parliament elected to adopt both the Digital Services Act (DSA) and Digital Markets Act (DMA) on Tuesday. The two related pieces of legislation aim to address some of the major emerging issues of internet and social media companies. The DSA is focused on boosting the efficacy and transparency of …

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Americans hoping for European vacations this summer should prepare for one thing: chaos

Americans hoping for European vacations this summer should prepare for one thing: chaos

Some airlines and airports are struggling with the post-covid demand for travel. Anadolu Agency | Anadolu Agency | Getty Images LONDON — Delays, cancellations and strikes. It’s been a messy time for many European tourist hotspots as airlines and airports struggle to cope with pent-up travel demand after Covid-19 lockdowns. Thousands of flights have been …

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European pension funds attack Toyota for not going ‘all in’ on electric cars

European pension funds attack Toyota for not going ‘all in’ on electric cars

Toyota has come under fresh fire from giant European pension funds over its opposition to going “all in” on electric vehicles, as green activist investors prepare for a showdown at this week’s general meeting. Once the pioneer of green technology with the Prius hybrid launch in 1997, the Japanese car giant has become one of …

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