Continental Financial News
29.10 / 16:35
Manufacturing
Continental
German Economy Shows Surprise Strength Ahead of Expected Recession
FRANKFURT—Germany’s economy grew modestly in the three months through September, showing surprising strength ahead of what economists expect to be a bleak period as the region’s households and businesses wrestle with surging interest rates and prices fanned by Russia’s war in Ukraine.
17.10 / 20:59
17.10 / 18:31
17.10 / 09:03
UPS
Citi
Continental
Liberum pushes equity research into the US with Raymond James tie-up
City investment bank, Liberum, is pushing its equity research into the US through a tie-up with Florida-headquartered bank, Raymond James.
13.10 / 20:39
Provident
regulation
Continental
MICA
EU commissioner McGuiness says privacy, AML may look different from US under MiCA
Fintech needs to communicate better, according to a top European Commission (EC) financial official. People ask what the need for financial technology is, and the industry has answers, but “we need to talk about this outside ourselves,” Commissioner for Financial Stability, Financial Services and the Capital Markets Union Mairead McGuinness said on Oct. 13.
11.10 / 23:45
Blockchain
Provident
Ripple
Continental
Ripple finds partners in France, Sweden, amidst growing crypto regulations
Ripple Labs, a leading cryptocurrency payments company, has forged new partnerships in France and Sweden even as countries across Europe are tightening crypto-related regulations.
11.10 / 14:49
Provident
Continental
crypto framework
Framework
committee
European Parliament Committee approves MiCA crypto framework
The European Parliament Committee on Economic and Monetary Affairs (ECON) on 10 October approved the Markets in Crypto-Assets (MiCA) framework. It was only in the last week that the European Council approved the final text of MiCA.
05.10 / 15:35
Continental
Inflation, Consumer Pessimism Push U.K. Firms to Close Their Doors
LONDON—Thousands of businesses across the U.K. are buckling under rampant inflation and flagging consumer demand, adding to a growing corporate casualty list in Europe stemming from the war in Ukraine.
30.09 / 11:41
Continental
EU Is Expected to Approve Sweeping Energy-Market Intervention
BRUSSELS—European energy ministers are expected to approve the main tenets of a €140 billion plan to counter Moscow’s efforts to deprive the continent of natural gas and hobble its economy, diplomats said.
15.09 / 02:17
UPS
Citi
Continental
City investment bank Numis eyes fresh European push from post-Brexit Dublin office
Numis, the traditionally City-focused investment bank, is gearing up to compete with larger rivals in continental Europe after opening its post-Brexit office in Dublin.
06.09 / 11:39
UPS
JPMorgan
Continental
JPMorgan draws up plans for European blackouts as energy crisis looms
JPMorgan could shift work from continental Europe to the UK or Wall Street as the region braces for energy shortages in the coming months.
30.08 / 15:31
Continental
Europe Braces for Russia Gas Disruption This Week—and Years of Higher Energy Prices Ahead
Russia is set to shut its key Nord Stream natural-gas pipeline Wednesday for maintenance, leaving Europe guessing again about whether supplies will restart, as temperatures fall and demand for the fuel grows.
17.08 / 13:05
UPS
Target
Continental
Record eurozone inflation: Which countries in Europe are being worst hit as energy prices soar?
The UK’s inflation rate has surged to a 40-year-high of 10.1 per cent in July, the Organisaton of National Statistics (ONS) reported on August 17.
17.08 / 10:53
Digital
Continental
U.K. Inflation Tops 10%, Underlining Gloomy Outlook for Europe
The U.K.’s annual rate of inflation moved into double digits in July and is set to rise even higher by the end of the year, heaping greater pressure on stretched household budgets and threatening a lengthy economic contraction.
01.08 / 13:45
UPS
Continental
PE’s diversity dilemma: Women make up just 10% at senior levels
Private equity’s lack of gender diversity has been laid bare in a comprehensive new report showing a dearth of women in senior investment roles and a proliferation of all-male investment teams.
26.07 / 02:23
UPS
FIVE
Continental
services
Financial
The UK is ripping up the EU trading rulebook — five key takeaways of the Financial Services and Markets Bill
The UK government dropped its flagship legislation that would change many of the rules governing Britain’s financial markets.
22.07 / 16:49
Racing
Continental
World’s Growing Thirst for American Gas Tests U.S. Ability to Meet Demand
Shrinking flows of Russian natural gas to Europe have triggered a global race among U.S. allies to secure American gas exports, testing the country’s ability to meet fast-growing demand.
18.07 / 14:07
Fallout
Continental
Europe Fears Widespread Economic Fallout if Russian Gas Outage Drags On
As a deadline approaches for Russia to resume supplying natural gas to Germany this week, European officials and executives are growing concerned about a cascading economic fallout that would spread across the continent should Moscow keep the tap shut.
07.07 / 09:15
UPS
Continental
sustainable funds
Investors with $27tn jittery over sustainable funds performance
Hundreds of global investors responsible for more than $27.5tn are growing concerned about the performance of their ESG investments, with those based in continental Europe anxious about greenwashing risks.
01.07 / 16:45
Provident
Landmark
Tether
Continental
crypto rules
reserves
EU crypto rules to force tether, USD coin to hold more reserves in ‘Wild West’ market
A landmark agreement for Europe to regulate cryptocurrency markets across the continent is set to bring stablecoins such as tether and USD coin into a stricter regime to make sure they can meet redemption requests during mass withdrawals.
24.06 / 16:29
Continental
fall
Europe’s Workers Brace for Tough Times as Real Wages Fall
Europeans are likely to see real wages fall faster than their U.S. counterparts, as Russia’s invasion of Ukraine sends inflation on a fresh surge, threatening to push the continent into recession.
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