French President Emmanuel Macron‘s popularity rating has slumped by 10 percentage points this month, according to an Ifop poll on Sunday—the biggest decline for a new president since 1995. The poll, published in the Journal du Dimanche newspaper, said 54 percent of people in France were satisfied with Macron in July, compared with 64 percent […]
Read moreCurrency, United States Finance
Congress reaches bipartisan agreement on sweeping Russia sanctions that aim to tie Trump's hands
Congressional Democrats announced Saturday that a bipartisan group of House and Senate negotiators have reached an agreement on a sweeping Russia sanctions package to punish Moscow for meddling in the presidential election and its military aggression in Ukraine and Syria. Rep. Steny Hoyer of Maryland, the No. 2 House Democrat, said lawmakers had settled lingering […]
Read moreFrench bankers pledged to create 1,000 jobs in Paris as part of a plan to shift their operations out of London once Britain leaves the European Union, following a meeting with France’s finance minister, Bruno Le Maire. President Emmanuel Macron’s government has already announced plans to cut payroll tax and cancel a planned extension of […]
Read moreCurrency, United States Finance
UK firms won’t be exempt from new EU data sharing rules – here’s why
U.K. businesses will still be forced to comply with rules that punish inappropriate sharing of consumer data, regardless of whether they leave the European Union or not. A legal expert told CNBC that a new EU law that forces companies to disclose breaches of illegal data sharing and to appoint data protection officers will take […]
Read moreCurrency, United States Finance
A third of Greeks at risk of poverty as Athens considers return to bond market
The Greek government might be preparing to return to the bond market but there are many structural problems that have yet to be resolved to make the economy more sustainable, an analyst told CNBC on Friday. Greece is currently on a third financial program since 2010, due to expire next year. According to James Athey, […]
Read moreCurrency, United States Finance
Sweden asked the public to vote on a name for a new train and this is what they came up with
A train operator in Sweden has vowed to name one of its trains Trainy McTrainface in a bid to bring “joy” to all those disappointed when the U.K. overturned a public vote to name a polar research ship with a similar quirky name. Trainy came in miles ahead when MTR Express, a subsidiary of Hang […]
Read moreCurrency, United States Finance
Philips Lighting earnings ahead on better LED, home lighting margins
Philips Lighting, the world’s largest maker of lights, on Friday reported a better-than-expected rise in second-quarter core earnings, as margin improvements at its LED and home lighting businesses offset falling sales due to the ongoing decline of its traditional lamp business. The company’s adjusted earnings before interest and amortization (EBITA) rose 8 percent to 174 […]
Read moreCurrency, United States Finance
Strong earthquake of magnitude 6.7 strikes off Turkey coast, two reported killed in Greece
A powerful earthquake of magnitude 6.7 killed two people when it struck near major Turkish and Greek tourist destinations inthe Aegean Sea on Friday, Turkish and Greek officials said. The quake, which struck at 1:31 a.m. (2231 GMT on Thursday), was located off the southwestern coastal city of Marmaris in the Mugla province, the USGS […]
Read moreCurrency, United States Finance
Differences remain, the clock keeps ticking as the second round of Brexit talks come to an end
The European Union and the U.K. are far from reaching an agreement on key issues in Brexit talks, as the second round of negotiations comes to an end. Both negotiating teams have recognized some progress has been made but there are still “fundamental” differences, including issues on citizens’ rights and the Irish border. The EU […]
Read moreCurrency, United States Finance
Euro surges against dollar as Draghi comments on ECB asset purchases
The euro saw a sharp surge as Mario Draghi spoke on Thursday afternoon, with the president of the European Central Bank (ECB) discussing inflation expectations and the potential end of its asset-purchase program. This is a breaking news story, please check back later for more. Source: cnbc Euro surges against dollar as Draghi comments on […]
Read more