European shares are set to open higher Friday as investors monitor trade talks between the U.S. and China and wait for key economic data. The FTSE 100 is seen up by 26 points at 7,529; the DAX is seen higher by 58 points at 12,741; and the CAC 40 is expected to start up by […]

Counterfeit goods remain a big problem for global retailers, especially in Asia, the chief executive officer of Adidas told CNBC Thursday. The German brand has calculated that up to 10 percent of the Adidas-branded products on sale in Asia could be fake. This includes products in stores and online. “In Asia it is a problem, […]

Luxembourg’s finance minister believes that Europe should consult with the United States before going ahead with any taxation plans on large digital firms like Google. “If a provisional taxation would lead to an escalation in the relationship with the main partners, and specifically with the United States, it would obviously be counterproductive, that’s why I […]

There is no precedent in the euro zone to address the debt pile of a bailed-out county and that’s why discussions on Greece’s debt are taking so long, the Luxembourg finance minister told CNBC. European institutions and the International Monetary Fund (IMF) have struggled to find an agreement over how to make the Greek debt […]

European equities are seen lower Thursday as investors closely monitor trade talks between the U.S. and China. The FTSE 100 is seen off by 32 points at 7,520; the DAX is expected to open lower by 46 points at 12,764; and the CAC 40 is seen down by 20 points at 5,502; according to IG. […]

The Bank of England has named former Schroders and Morgan Stanley banking analyst Huw van Steenis as a senior adviser on the future of the British financial system. During the appointment — which the BoE said was likely to last six to nine months — Van Steenis will help BoE staff study new financial technology, […]

Spain’s soccer league, La Liga, will have a new home in the U.K. and Ireland from next season, after the rights to screen matches were bought by television group Eleven Sports. For the last two decades, Spanish football has been shown live on Sky television, but the broadcaster lost out on the rights to screen […]

Sluggish growth figures for Europe in the first three months of this year may not all be down to temporary factors, according to a Citi economist. The economy of both the 19-nation single currency area and the 28-nation European Union (EU) grew by 0.4 percent in the first quarter of 2018. That still represents growth, […]

The Basque militant group ETA has announced that it has “completely dissolved all its structures,” in a letter sent to Basque institutions and civil society groups. In the letter, dated April 16 but only made public on Wednesday in Spanish online newspaper eldiario.es, ETA says it acknowledges its responsibility in failing to solve the Basque […]

The creation of a euro zone finance minister could “damage the reputation” of the economic bloc, a think tank warned Wednesday. The Centre for European Economic Research (ZEW) said that a new position spearheading fiscal policy would add little value to the continent. “The creation of a European finance minister should by no means be […]