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Tag Archives: European

Panasonic relocates its European headquarters from the UK due to Brexit – TechCrunch

Another Brexit deficit: Japanese electronics giant Panasonic will relocate its European headquarters from the UK to Amsterdam in October, worrying about its tax implications if it stays, reports the Nikkei Asian Review. The company fears that tax liabilities could occur if the UK restructures its corporate income tax due to Brexit. Laurent Abadie, CEO of Panasonic Europe, told the newspaper …

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European stocks higher than traders digest comments from Fed Powell

Looking at the benchmark, the German Metro Group was the top performer after Ceconomy sold most of its 10 percent stake in German wholesale. Metro shares rose 12 percent during morning business. In Turkey, the markets were reopened after a one-week vacation. The Turkish lira lost 3 percent on Monday amid continued concern over the country's economy. Traders remain cautious …

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European windsurfer from French Guiana launched – The Siasat Daily

Kourou: A new satellite that will use advanced laser technology to track global winds and improve weather forecasts has been successfully launched, according to launch company Arianespace. The launch of the satellite "Aeolus" – named after the Guardian of the Wind in Greek mythology – took place at 2120 GMT Wednesday, after a 24-hour delay due to adverse weather conditions. …

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European markets are declining slightly due to uncertainty in trade; IWG shares fall 21%

The pan-European Stoxx 600 fell 0.1% during early morning hours, with most sectors and major stock markets in negative territory. Europe's chemical stocks were among the laggards with around 1 percent among mergers and acquisitions news. The German industrial gases group Linde broke into the sector. According to reports, the US Federal Trade Commission (FTC) could demand more concessions in …

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European losers in new Iranian sanctions game

US President Donald Trump's decision to expel the US from the 2015 nuclear deal with Iran and impose a series of sanctions on it hits European companies working in Iran. Click here for an overview of how companies are affected Sanctions arrive on Monday: – Auto – The French automakers Renault and PSA have publicly announced various approaches. PSA, behind …

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The German DAX jumps 1.5% to EU-US. Trade peace, leading European stocks higher

German stocks rose most sharply on Thursday in six weeks, European stock markets were higher, and automakers' shares found relief after the EU's top official with US President Donald Trump signed a ceasefire. Profits were made before the European Central Bank announced its last monetary policy decision after policymakers announced in June that they would cut their asset purchases in …

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European stocks rise as US-EU Trade Tensions Cool

26th July 2018 3:55 pm ET European markets have shaken off weak trade in Asia to make a profit as investors welcomed an agreement between the US and the European Union to exercise new tariffs while offsetting trade differences. The Stoxx Europe 600 gained 0.5% in morning trade, led by 1.5% growth in the auto sector. European car companies were …

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AP FACT CHECK: Trump's US (and European) spacecraft

Posted: July 24, 2018 8:00 pm Updated: July 24, 2018 2:11 pm WASHINGTON (AP) – One of the main products of President Donald Trump's exhibition Made in America this year, NASA's The Orion Crew Capsule will fly through space thanks to Europe. With its four solar wings, the European service module delivers drive, power, and life for the capsule's space …

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