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April 29, 2017

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Business > Europe
European stock markets paused Tuesday as investors waited on this week's interest rate call in the eurozone and crucial jobs data in the United States.
 
Industrial orders in Germany plunged 7.4 percent in January, preliminary official data showed Tuesday, troubling a largely bright picture of recovery in Europe's largest economy.
 
The International Monetary Fund said Saturday it had reached a preliminary agreement with Ukraine that could see the war-scarred and cashed-starved nation receive fresh aid in the first half of the year.
 
'The solution is us'
An employee has a sticker on his jacket that reads "The crisis, it's them, the solution is us" as workers block the access to the Malvesi site, an uranium conversion plant of French nuclear group Areva...
 
Shares in Germany's biggest lender Deutsche Bank fell as much as 6.0 percent as the Frankfurt market opened Monday, hours after the bank announced it would raise cash by issuing new shares.
 
British fund managers Standard Life and Aberdeen Asset Management confirmed Saturday they were in talks about a possible all-share merger, which reports said could be worth £1 billion (US$13.5 billion).
 
The London Stock Exchange on Sunday said it is "highly unlikely" it will be able to meet antitrust conditions set by Brussels for its tie-up with Deutsche Boerse...
 
European Union finance ministers agreed Tuesday to roll out further measures to prevent multinational companies from exploiting differences in tax rates between countries in the 28-country EU and those outside the bloc.
 
Greece agrees to bailout compromise in bid to end impasse with creditors
Greece on Monday agreed to discuss new bailout reforms in a bid to break a deadlock with its EU-IMF creditors that has sparked new fears that the country will crash out of the eurozone.
 
Amazon says to create 5,000 jobs in UK
US tech and retail giant Amazon on Monday said it would create 5,000 British jobs this year, in a show of confidence in the UK economy ahead of Brexit.
 
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