Page 2 - European Markets

Europe gas prices jump as latest Russian cut plan stokes supply fears

European gas prices surged after Moscow's move to shut a major pipeline ramped up fears of a prolonged supply halt, leaving Germany once again guessing as to how much Russian fuel it can count on

Centre asks state-run firms to explore plans amid LNG supply crisis: Report

Gas supplies to India have been hit due to the ongoing Russia-Ukraine war

Europe shares mixed after Asian markets decline on tech downturn

Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a minus for share prices.

Bangladesh, world's no 2 clothes exporter, sees order drop as power falters

Bangladesh's garment industry is facing a double whammy from slowing global demand and an energy crisis at home that's threatening to thwart the nation's pandemic recovery

Uttar Pradesh govt seeks to take embassies' help to boost exports

Among the top-selling UP products are leather goods, carpets, hand woven textiles, brassware, glassware, sports goods, etc

Sensex, Nifty reverse early gains amid weak trends in European markets

The 30-share BSE Sensex declined by 372.46 points or 0.69 per cent to close at 53,514.15, extending its falling streak to a third day

With Europe slowing, TCS says North America to drive its growth in FY23

The IT major indicated that clients in Europe are more cautious on tech spends given the possibility of deeper recession and ongoing conflict in Eastern Europe, leading to delays in decision making

Shipping costs soar as Russian fallout overpowers global fuel flows

The Russian invasion has exacerbated a tightening of energy markets, upending trade flows and forcing buyers to scour the world for alternative fuel supplies

Emergency ECB meeting lifts European markets, Fed ready to go big

The euro jumped almost 0.75% to $1.0487 pushing the dollar index off a 20-year high in the process.

European shares rise as China growth hopes boost luxury, tech stocks

The pan-European STOXX 600 index rose 0.6% to 447.79, a level not seen since early May, boosted the most by luxury firms, which derive significant demand from China

Citigroup behind error that wiped out $315 billion from European markets

The bank said it identified the error "within minutes" and corrected it

Google introduces 'reject all' button for tracking cookies in UK, Europe

After facing fines from European consumer and market regulators, Google has introduced an equal "Reject all" and "Accept all" buttons for tracking cookies on its platforms.

US, European stock markets suffer worst quarter since pandemic

Quarter-end portfolio rebalancing boosted demand for bonds and held down yields

European stock markets set for biggest quarterly drop since 2020

Asian shares fell and oil prices plunged following news that the United States was considering releasing up to 180 million barrels from its strategic petroleum reserve

Global stocks mixed after Western countries vow more sanctions on Russia

London and Shanghai declined while Tokyo gained, and Frankfurt was little-changed

Russia-Ukraine conflict: Euro set for biggest weekly rise in six weeks

The dollar index paused for breath on Friday, recovering slightly to 98.18 after declining every other day this week, and was set for a 1% loss over the period

Russia-Ukraine crisis: Euro rises on hopes of progress in peace talks

By Stefano Rebaudo

Ukraine crisis: Asian LNG prices slide amid stable European gas flows

Market players remain concerned over the risk of Russian supply disruption amid a tense geopolitical situation following Moscow's invasion of Ukraine

US markets point higher after gains in Europe amid Ukraine conflict

US markets headed for a higher open Friday following solid gains in Europe as uncertainty over the war in Ukraine and persistently high inflation continue to roil markets. Asian markets declined overnight. Investors are fretting over a world economy faced with price pressures and slowing growth. Oil prices advanced on Friday as Russian forces broadened their offensive in Ukraine, attacking two major cities to the west and an industrial center in the east of the country. On Wall Street, futures for the Dow Jones Industrial Average rose 1.1% Friday morning and the same for the S&P 500 were up 1.3%. Germany's DAX rose 3.2% by midday, the CAC 40 in Paris added 2.2% and London's FTSE 100 gained 1.4%. A plan to revoke Russia's most favored nation trade status over its invasion of Ukraine added to unease over the economic repercussions of the deepening conflict after talks between foreign ministers of the two countries failed to show any concrete progress. President Joe Biden plans to

Euro rises as Putin sees 'certain positive shifts' with Ukraine

The euro was 0.25% higher at $1.1023 as of 1225 GMT, after rising as high as $1.11215 on Thursday in a choppy day.