Category: Europe

The Telegraph Bitcoin recovers after crypto selloff abates Inflation more than doubles to 1.5pc in April FTSE 100 drops below 7,000 benchmark, down 1.5pc Bitcoin shed as much as 30pc as major sell off grips cryptocurrencies Bitcoin price crash: should you sell your cryptocurrency? Shortage of workers threatens recovery as economy reopens Sign up here […]

The Telegraph Apple iPad Pro 2021 review: stuck in the Mac’s shadow Since its launch five years ago, the iPad Pro has been Apple’s canvas for showing off its cutting-edge hardware. Its latest iPad Pro, announced last month, probably has more computing power than most people are ever likely to need, unless you are a […]

WATCH: DIAL Global Virtual Summit – Day 1 The coronavirus pandemic has highlighted the importance of businesses supporting their employees’ mental health, according to panellists at the DIAL Global Virtual Summit on Wednesday. Despite the “silver lining” there is still a “long way to go” experts have said.  For every month in the past 14 […]

Watch: DIAL Global Virtual Summit – Day 1 Issues that plague society, including those of race, gender and domestic violence can no longer be ignored by businesses, top executives discussed at a DIAL Virtual Summit panel on Wednesday. “The pandemic has opened up our eyes to the problems in society and the fact that businesses […]

Fast data shows economic activity has been rebounding rapidly since restrictions began to ease last month. Photo: Dave Rushen/SOPA Images/Sipa USA/PA Private sector economists have joined the Bank of England in predicting a historic year for growth. Monthly private sector forecasts compiled by the Treasury show a big upgrade in forecasts for the UK economy. […]

UK pubs have reopened as lockdown restrictions ease. Photo: Getty Images Pub owners Marston’s (MARS.L) and Mitchells and Butlers (MAB.L) may be reporting big losses for 2020 but their sales have been strong since the hospitality industry was allowed to reopen last month. Marston’s posted an underlying loss of £105m ($ 148.7m), up from a […]

GPE’s annual net rental income fell to £62.1m from £79.9m a year earlier. Photo: View Pictures/Ed Reeve/Universal Images Group via Getty Images London developer Great Portland Estates (GPOR.L) will invest £900m ($ 1.2bn) in flexible office space as lockdown restrictions ease and people begin returning to the office. However, the company swung to a loss […]

Investors are concerned about rapidly rising prices in the economy. Photo: Charlotte Tattersall/Getty Images Investor fears about runaway global inflation were revived on Wednesday as new data showed surging prices in Britain. Stock markets in Europe opened sharply lower after numbers from the Office for National Statistics showed UK inflation more than doubled last month […]

London’s FTSE 100 had a positive trading session on Tuesday after better than expected jobs data strengthened hopes for an economic recovery. However, it was weighed down in the later session and closed flat as US markets opened. The index of leading companies closed just 1 point above at 7,034, while the domestically focused FTSE […]

Wednesday, 19th May Eurozone Core CPI (YoY) (Apr) Final Eurozone CPI (MoM) (Apr) Final Eurozone CPI (YoY) (Apr) Final Friday, 21st May French Manufacturing PMI (May) Prelim French Services PMI (May) Prelim German Manufacturing PMI (May) Prelim German Services PMI (May) Prelim Eurozone Manufacturing PMI (May) Prelim Eurozone Markit Composite PMI (May) Prelim Eurozone Services […]

Aerial View from London Eye, London, England. Photo: Getty All 14 sectors monitored by Lloyds Bank UK Recovery Tracker reported output growth in April for the first time since August 2018, as lockdown restrictions in the country ease. This was up from 11 sectors a month prior. Jeavon Lolay, head of economics and market insight […]

Lack of charging points was earmarked by the committee as a potential issue with the transition to electric cars. Photo: Kena Betancur/AFP via Getty Images UK MPs have called on the government to back up its targets for reaching zero-emissions in the car market, with a new report published on Wednesday saying current milestones will […]

By Geoffrey Smith Investing.com — The rain may be incessant but in every other sense, the clouds over the U.K. economy appear to be finally lifting. Lockdown restrictions on pubs, theatres, museums, concert halls and gyms were all largely lifted on Monday, while the government also relaxed limits on social gatherings. The move will allow […]

Bloomberg China Puts Australia on Notice With Push to Diversify Iron Ore (Bloomberg) — Beijing threw the spotlight on trade tensions with its top commodities supplier, Australia, after the government’s economic planning agency said it’s looking to diversify China’s supply of iron ore.Chinese firms should boost domestic exploration for the steel-making input, widen their sources […]

Working from home One of Britain’s biggest money managers has asked staff to monitor their carbon footprint while working from home as part of a new green energy drive. Standard Life Aberdeen (SLA), soon to rebrand as Abrdn, is giving employees access to an app that can measure and reduce their carbon footprint after finding […]

The Land Rover Defender. Photo: Jaguar Land Rover Jaguar Land Rover posted strong results for 2020 thanks to huge demand in China and sales of its new Land Rover Defender, but warned on supply chain concerns. Pre-tax profits was £534m ($ 758m) in the fourth quarter of 2020 and £662m for the full year for […]

Christine Lagarde, president of European Central Bank. Photo: Michael Brochstein/Sipa USA COVID-19 restrictions and vaccine scepticism saw economic growth put into reverse in the EU’s first quarter GDP report, with the economy shrinking by 0.6% and jobs taking a 0.3% hit in the euro area compared with the previous quarter. The eurozone is in the […]

Globe Newswire Insights on the Pet Supplement Global Market to 2027 – Opportunity Analysis and Industry Forecasts Dublin, May 18, 2021 (GLOBE NEWSWIRE) — The “Pet Supplement Market by Pet, Application, Source and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027” report has been added to ResearchAndMarkets.com’s offering. The pet supplement market size was […]

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than […]

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than […]