European Union


Gold and Yen Extend Rallies on EU, Trump Concerns: Markets Wrap

May said ready to announce U.K. will leave EU single market IMF lifts its growth forecast for China to 6.5% in 2017 Lingering concern over Donald Trump’s policies and ... Read More
A man looks at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo

Pound Drops on EU Concern, Asian Shares Decline: Markets Wrap

U.K. PM to signal plans to quit EU single market: Sunday Times Asian equities retreat with U.S. stock-index futures The pound tumbled on a report that U.K. Prime Minister ... Read More
Prime Minister Theresa May

FTSE 100 continues record run, rising for 14th day in a row

U.K. stocks gained for a 14th straight day on Friday, extending their record winning run as the weaker pound spurred investors to buy into British multinationals. The FTSE 100 ... Read More
natural gas

A multibillion-dollar natural gas boom may reunify Cyprus

A potential energy boom in Cyprus could spur a deal to reunify the ethnically-divided island after more than 40 years. A breakthrough may come at a United Nations-brokered multilateral ... Read More

Malta accused of being tax haven as it takes EU presidency

Country helped multinationals avoid paying more than £12bn in taxes from 2012 to 2015, says report from Green MEPs Malta has been accused of being a tax haven, just ... Read More

Spain aims to raise 500 million euros from new environmental taxes

Spain wants to raise 500 million euros ($528 million) from new environmental taxes as part of a package of fiscal measures to meet the European Union‘s budget deficit goals. ... Read More
Asian Shares

Asian shares fell on the last trading day before Christmas

Hong Kong, Chinese stocks among worst performers on tightening Crude oil drops as most government bond yields head higher Asian shares fell on the last trading day before Christmas ... Read More

Facebook Faces EU Scrutiny Over WhatsApp Purchase

The European Union on Tuesday accused Facebook Inc. of giving “incorrect or misleading information” to investigators who were probing its purchase of chat app WhatsApp in 2014, a surprise ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy seeks to borrow 20 bln euros to prop up banking sector

The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out ... Read More

UK seeks transitional trade deal with EU to avoid Brexit ‘cliff edge’

Britain may need an interim trade agreement with the European Union to smooth its exit from the bloc, said Britain’s Trade Secretary Liam Fox, adding there should not be ... Read More
Broker Cyprus TopFX