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Meta won't launch twitter-like threads app in european union due to regulatory concerns

Meta has apparently skipped launching its highly anticipated Twitter-like app “Threads” in European Union countries as Mark Zuckerberg's social me...

July 5, 2023, 10:58 am

Eurozone pmi composite finalized at 49.9, all major euro countries lost considerable momentum

Eurozone Services PMI was finalized at a 5-month low at 52.0 from May’s 55.1, while Composite PMI was finalized at a 6-month low at 49.9, down from ...

July 5, 2023, 9:12 am

Economic and monetary divergence between china and most of the rest of the world

Markets We’ll move quickly over yesterday’s uninspiring day which lacked guidance from the eco calendar as well as from the US (celebrating 4th of...

July 5, 2023, 8:49 am

Dax declines on china growth concerns

German stocks traded lower on Wednesday after a private survey showed China’s services activity expanded at the slowest pace in five months in June,...

July 5, 2023, 8:44 am

Germany june final services pmi 54.1 vs 54.1 prelim

Prior 57.2Composite PMI 50.6 vs 50.8 prelimPrior 53.9The services sector remains the only bright spot in the g...

July 5, 2023, 7:55 am

European equities pulled lower at the open

Eurostoxx -0.6%Germany DAX -0.6%France CAC 40 -0.6%UK FTSE -0.5%Spain IBEX -0.6%The turn in the mood is coming in the past hour, with US futures also ...

July 5, 2023, 7:08 am

Citi slashes euro area 2023 gdp growth forecast to 0.8% from 1.1% previously

Of note, the firm is revising lower the GDP growth forecast for germany to 0.2% from 1.0% previously. T...

July 5, 2023, 6:30 am

Rivian stock climbs as its vans roll out in europe for amazon, while ups and microsoft shares fall, and other shares on the move

Shares of Rivian Automotive Inc. RIVN, +17.41% climbed 3.5% in premarket trading after Amazon.com Inc. said it had rolled out the first electric deliv...

July 5, 2023, 6:20 am

Eurostoxx futures -0.2% in early european trading

German DAX futures -0.1%UK FTSE futures -0.1%The mood mirrors that in US futures, which are down roughly 0.1% as well currently. It's been a slow star...

July 5, 2023, 6:02 am

Iberdrola, masdar to develop $1.5 bln baltic wind farm, expansion reports

Spanish utility Iberdrola has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in...

July 5, 2023, 3:13 am

Chinese state media tabloid global times says metal export curbs a warning to us, allies

Chinese Communist Party mouthpiece tabloid Global Times wrote in an editorial that the coutnry's restrictions on metals exports are a warning the US a...

July 5, 2023, 2:34 am

Evotec wins orthopoxvirus antibody contract from u.s. government

Evotec's Seattle-based subsidiary has won a $74 million contract with the U.S. Department of Defence to develop monoclonal antibody-based drugs target...

July 5, 2023, 1:59 am

China has cancelled a trip by european union's borrell scheduled for next week

I just posted this on the threat China's export curbs pose to germany:ICYMI:...

July 4, 2023, 10:05 pm

Icymi: german econ minister habeck says china limiting lithium supply would be a problem

Greg had the breaking on Monday:China restricts export of metals used in high performance chipsAnd Adam with what comes next:China expected to intensi...

July 4, 2023, 9:42 pm

Michael gastauer: closing the global financial access gap with black

In a world where financial access is still a challenge for many, german billionaire Michael Gastauer ha...

July 4, 2023, 7:14 pm

Eur/usd eyes eurozone and german services pmis

German and Eurozone PMIs expected to ease on Wednesday Fed releases minutes of June meeting on Wednesday US yield curve hits deepest inversion since 1...

July 4, 2023, 5:41 pm

China expected to intensifty retailiatory chip measures. lithium curbs are the fear.

The west and China continue to slip towards a meaningful trade war.The US announced it would curb exports of AI chips to China and now China has annou...

July 4, 2023, 4:02 pm

German exports log unexpected fall

Germany’s exports registered a surprise drop in May, while imports rebounded after falling for two straight months, reflecting uncertainties surroun...

July 4, 2023, 12:22 pm

Forexlive european fx news wrap: aussie bounces around as rba holds cash rate unchanged

Headlines:RBA leaves the cash rate unchanged at 4.10%Full statement of the RBA monetary policy decision for July 2023Aussie pares losses after RBA set...

July 4, 2023, 11:54 am

Amazon rolls out rivian electric delivery vans in germany

Amazon.com Inc (NASDAQ:AMZN) said it has received its new custom electric delivery vans from Rivian Automotive Inc (NASDAQ:RIVN), with the first vans ...

July 4, 2023, 9:34 am


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