Tag: Europe

• Thursday, June 7th 2018 - 08:35 UTC

  Europe's five leagues revenue €14.7bn, in 2016-17, and the English Premier League is market leader

  

  The big five European leagues generated a record €14.7bn in revenue in 2016-17, a 9% annual increase, according to new figures from Deloitte. It says the European football market is now worth some €25.5bn and the English Premier League was the market leader, with record revenue of £4.5bn, as each of the 20 clubs se their own annual revenue record.

• Thursday, May 31st 2018 - 08:12 UTC

  Fed proposes simplifying trading rules for foreign banks and funds

  

  Foreign banks and funds are set to benefit from a move by U.S. regulators to simplify a trading rule that foreign banks and regulators say has inadvertently complicated firms operating as far afield as Europe and Asia. The Federal Reserve, alongside other U.S. regulators, on Wednesday proposed rewriting the “Volcker Rule” introduced following the 2007-2009 financial crisis in a bid to simplify the regulation and make it easier for banks to comply.

• Friday, May 18th 2018 - 08:24 UTC

  Oil hits US$ 80, its highest level since 2014; London's FTSE on new all time-high

  

  Benchmark oil contract Brent North Sea hit its highest level since late 2014 on Thursday, breaching US$ 80 per barrel, with some market players predicting it could rise all the way to US$ 100. Higher oil prices, in turn, pushed the shares of energy firms in European stock markets higher, helping London's FTSE to set a new all-time high, and the Paris CAC to establish a fresh 2018 peak.

• Friday, May 18th 2018 - 08:19 UTC

  Europe's top court rules in favor of bees banning three insecticides

  

  The EU's top court has backed an almost complete EU-wide ban on the use of three insecticides, which studies have linked to declining bee populations. Chemicals giants Bayer and Syngenta had gone to the European Court of Justice (ECJ) hoping to get the restrictions on neo-nicotinoids overturned.

• Saturday, May 12th 2018 - 09:30 UTC

  Germany moves closer to Russia: Merkel will visit Putin in Moscow

  

  Russian President Vladimir Putin has spoken with Germany's Angela Merkel and Turkey's Recep Tayyip Erdogan in a bid to keep the Iran nuclear deal alive after the US decision to withdraw, the Kremlin said Friday.

• Saturday, May 12th 2018 - 06:43 UTC

  “Europe must take its destiny in its own hands, US will not protect us”, claims Merkel

  

  Europe cannot put all of its trust in the U.S. when it comes to protection and should instead “take its destiny into its own hands,” German Chancellor Angela Merkel has said. “It's no longer the case that the United States will simply just protect us”.

• Wednesday, May 9th 2018 - 08:39 UTC

  Despite Trump, Europe, Russia and China committed to the Iran nuclear deal

  

  Western powers, Russia and China remain committed to the Iran nuclear deal - after the US announced it was withdrawing from the agreement. The UK, France and Germany say they “will work with all remaining parties” and urged the US not to obstruct its implementation and the other signatories to the 2015 deal - Russia and China - have also stressed their continuing support.

• Wednesday, April 4th 2018 - 09:08 UTC

  Half of Europe flights grounded as Eurocontrol fails for the first time since 2001

  

  The organization responsible for coordinating European air traffic says it has fixed an earlier fault which led to widespread flight delays on Tuesday. Eurocontrol earlier said that delays could affect up to half of all flights in Europe - about 15,000 trips.

• Thursday, March 1st 2018 - 09:21 UTC

  “Beast from the East” sweeps Europe causing deaths but also triggering winter sports in city streets

  

  The number of casualties from cold exposure continues to rise as most of Europe experiences freezing temperatures. Dozens of people have been reported dead across the continent - many of them rough sleepers. Among the casualties was a man, 75, in the Netherlands, who fell through the ice while skating on Wednesday morning. He was pronounced dead in hospital.

• Friday, February 9th 2018 - 20:00 UTC

  Five European countries have become a top travel destination for the US

  

  Europe is once again a top travel destination for Americans. Five European countries, Italy, Ireland, France, Iceland and the United Kingdom, comprised half of the top 10 spots for vacation plans in 2018.