News 

ChargePoint hires Uber EMEA policy chief as its top Europe exec

“The regional policy chief of embattled ride-hailing company Uber is leaving to join ChargePoint, a U.S. electric-vehicle charging-network maker that has attracted major financial backing from European transport companies” writes unknown author for cnbc.com. Christopher Burghardt told Reuters in an interview on Tuesday that he plans to join ChargePoint early next month as its lead regional executive.Uber faced a year of mounting scandals and regulatory battles after Burghardt signed on last September as policy and communications chief across the company’s 45-country Europe, Middle East and Africa region. Source: cnbc.com Share This:

Read More
News Stocks 

Why investors in Europe should be cautious on the upcoming earnings season

“However, some are worried that such interest in European equities has been disproportionately boosted by earnings forecasts that were too positive” writes European Equity Strategy for cnbc.com. The dissipation of political risks along with strong growth figures and a pickup in inflation have boosted investors’ interest in European stocks — the Euro Stoxx 600 index is up by 7 percent year-to-date.With another earnings season in Europe about to kick off, one equity analyst is concerned that European firms won’t deliver as much return as was expected at the start of…

Read More
News 

Europe to remain committed to nuclear deal, Mogherini and Gabriel insist

“TEHRAN – European Union foreign policy chief Federica Mogherini and German Foreign Minister Sigmar Gabriel have insisted that Europe will remain committed to the 2015 nuclear deal as long as Iran abide by the agreement” reports tehrantimes.com. In phone conversations with Iranian Foreign Minister Mohammad Javad Zarif, Mogherini and Gabriel noted that Iran has fully implemented its obligations under the nuclear deal, known as the Joint Comprehensive Plan of Action. According to Russia’s Foreign Ministry, in a phone conversation with Zarif, Lavrov said that Russia is firmly determined to implement…

Read More
News 

America’s Traditional Allies Once Again Condemn Its Policy

“Europe has not only threatened retaliation, but signed a free-trade agreement with Japan, which risks diverting trade profitable to American businesses” writes Krishnadev Calamur for theatlantic.com. Those talks gained momentum only after the Obama administration joined them, resulting in the 2015 nuclear deal. Source: theatlantic.com Share This:

Read More
News 

Central Europe tackles issue of lower quality consumer goods

“A key point of conflict has been migration, but the issue of food quality has also generated tensions” reports foxbusiness.com. The leaders of four Central European countries have cautiously welcomed European Union proposals to address their concerns that multinationals sell lower-quality versions of their foods to consumers in Central and Eastern Europe than in the West. Source: foxbusiness.com Share This:

Read More
News 

Fearing Trump torpedo, Europe scrambles to save the Iran nuclear deal

“Any signs that European companies are pulling back could prompt the Iranians to reassess the merits of the nuclear deal” writes Noah Barkin for businessinsider.com. As tensions over North Korea’s nuclear activities risk boiling over into all-out war, any move by the United States to undermine the Iran deal is seen in Europe as utter folly.And third, they would present measures to pressure Iran over its ballistic missile program and destabilizing policies in the Middle East — areas that fall outside the narrowly-focused nuclear deal.BERLIN/PARIS (Reuters) – European countries are…

Read More
Markets News Stocks 

Spanish political drama keep European stocks under pressure

“European stocks ended a tumultuous week on a downbeat note, driven lower by continued uncertainty over the political drama in Spain and a mixed reading on the U.S. labor market” writes Markets Reporter for marketwatch.com. The index ended down 0.3% at 10,185.50 on Friday, led by losses for banks.Closing levels: The Stoxx Europe 600 index SXXP, -0.40%  ended 0.4% lower at 389.47, trimming its weekly gain to 0.3%.Spanish assets suffer: Spain’s IBEX 35 index IBEX, -0.29%  logged a 1.9% drop for the week, after hitting an almost seven-month low on…

Read More
News Stocks 

European stocks slip with U.S. jobs data in view; Spanish banks resume selloff

“European stocks edged lower on Friday, as investors digested a tumultuous week of political drama in Spain and the U.K., but also focused on the monthly U.S. jobs report due later” writes Markets Reporter for marketwatch.com. The closely watched monthly jobs report is expected to give further clues to the likelihood of a December interest-rate increase by the U.S. Federal Reserve, which could drive financial markets around the world.Latest levels: The Stoxx Europe 600 index SXXP, -0.20%  fell 0.2% to 390.35, trimming its weekly gain to 0.6%. Source: marketwatch.com Share This:

Read More