Germany under pressure against Portugal, France and Spain in Euro 2020 action

Germany under pressure against Portugal, France and Spain in Euro 2020 action

Germany are under fierce pressure going into a crucial Euro 2020 game against Portugal on Saturday as world champions France look to clinch a place in the last 16 and Spain chase a first win.
UEFA opts to keep 12-city format for delayed Euro 2020

UEFA opts to keep 12-city format for delayed Euro 2020

PARIS: UEFA announced on Wednesday (Jun 17) that it was planning to keep the same pan-continental format for the postponed Euro 2020 after president Aleksander Ceferin recently hinted that the number of host cities could be reduced.
Volkswagen invests US$2.2b in Chinese electric vehicle sector

Volkswagen invests US$2.2b in Chinese electric vehicle sector

BEIJING: Volkswagen said on Friday (May 29) it will invest around 2 billion euros (US$2.2 billion) in two Chinese companies in the electric vehicle sector, calling it "the world's biggest market".
Euro touches two-year low as ECB signals stimulus and rate cut

Euro touches two-year low as ECB signals stimulus and rate cut

The euro slid to a two-year low on Thursday (Jul 25) after the ECB signalled it could undertake new stimulus measures and cut rates to boost flagging growth and inflation in Europe.
Euro slides as 'downbeat' ECB warns on economy

Euro slides as 'downbeat' ECB warns on economy

The euro slipped on Thursday (Dec 13) after the ECB trimmed its growth forecast for the eurozone because of "mounting uncertainties" from within and outside the region.
Dollar dented by Trump's Fed comments

Dollar dented by Trump's Fed comments

The dollar fell versus the euro and pound on Tuesday (Aug 21) after US President Donald Trump hit out at the Federal Reserve's interest rate rises, accusing it of not backing his economic plan, while most equity markets climbed looking ahead to China-US trade talks.
European stocks recover in cautious trade

European stocks recover in cautious trade

European stock markets recovered on Wednesday (May 30) from a sharp sell-off the day before that was triggered by the political turmoil in Italy.
BMW auto importer  is hit by $4 mln tax claim

BMW auto importer is hit by $4 mln tax claim

Euro Auto, BMW’s official importer in Vietnam, is facing a claim from authorities for paying back taxes of up to nearly $4 million.
EU finance ministers divided on bank supervision

EU finance ministers divided on bank supervision

EU finance ministers engaged Tuesday in arduous talks aimed at setting up a new system for cross-border supervision of thousands of banks as sharp differences emerged between Berlin, London and Paris.
World stocks, euro, oil jump as EU summit delivers

World stocks, euro, oil jump as EU summit delivers

World stock markets surged Friday, the euro jumped against the dollar, and oil prices rocketed after a key EU summit delivered surprise emergency measures to fight the eurozone debt crisis.
Russia look to mount strong defence against Czechs

Russia look to mount strong defence against Czechs

Russia will be looking to their defence to put on an improved display when they take on the Czech Republic in their opening Group A match here on Friday.
Euro sinks on rising Greece worries

Euro sinks on rising Greece worries

The euro hit its lowest point against the dollar since July 2010 on Wednesday as European leaders met at a summit aimed at dealing with the threat that Greece could exit the eurozone.
OECD warns eurozone crisis stunting global recovery

OECD warns eurozone crisis stunting global recovery

Europe came under mounting pressure Tuesday to take action to boost growth as the OECD warned the eurozone crisis has worsened and poses the most serious risk to a recovery for the global economy.
'No way' of changing Greek bailout deal: Barroso

'No way' of changing Greek bailout deal: Barroso

The head of the European Commission said Wednesday there was "no way" of changing the terms of a 130-billion-euro bailout agreed with Greece, as Athens prepares to return to the polls.
ECB on hold as debt storms calm

ECB on hold as debt storms calm

The European Central Bank kept its key interest rates on hold Thursday, hailing its recent moves to avert a credit crunch in the eurozone as an "unquestioned success".
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