European markets seen lower after brutal October; investors watch the Bank of England

European markets seen lower after brutal October; investors watch the Bank of England

Market focus is largely attuned to Brexit developments, after the Times reported U.K. Prime Minister Theresa May had agreed on terms with Brussels that would give British financial services firms continued access to European markets post-Brexit. The news prompted pound sterling to move away from a 2-and-a-half month low reached earlier in the week. The […]

Countries Push Digital Taxes on Tech Giants

Countries Push Digital Taxes on Tech Giants

Dozens of countries are stepping up efforts to levy new taxes on technology giants such as Alphabet Inc. GOOGL -1.80% and Facebook Inc., FB -3.70% hoping to capture revenue from digital services as economic activity increasingly shifts online. Inspired by European Union proposals to impose a tax based on the revenue of tech companies rather […]

Hemmati: Details of payment channel to be released in near future

Hemmati: Details of payment channel to be released in near future

Iran and European signatories of the Iran nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), will establish a special payment channel in the near future, Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said. Hemmati said the channel will serve as a monetary agreement between Iran and Europe and added the two sides discussed […]

Europe Court Upholds Ruling Against Woman Who Insulted Islam

Europe Court Upholds Ruling Against Woman Who Insulted Islam

Europe’s highest human rights court ruled on Friday that disparagement of religious doctrines such as insulting the Prophet Muhammad isn’t protected by freedom of expression and can be prosecuted. The European Court of Human Rights upheld a 2011 verdict by an Austrian court that sentenced an unnamed woman to pay a fine for alleging that […]

Cohn-Bendit: still fighting for Europe

Cohn-Bendit: still fighting for Europe

It is hard to find a more passionate European than Daniel Cohn-Bendit. The Franco-German binational represented the Greens of both countries in the European Parliament between 1994 and 2014 and is an unwavering advocate of EU federalism. In August, Cohn-Bendit was offered the post of French environment minister by president Emmanuel Macron. But the former […]

Europe backs own space launchers amid growing competition

Europe backs own space launchers amid growing competition

BERLIN — Major European countries are backing a new generation of home-grown space launchers amid growing competition from private space companies and developing nations such as India and China. Ministers from Germany, France, Italy, Spain and Switzerland on Thursday signaled their “full support” for the development of the Ariane 6 and Vega-C rockets and their […]

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