Topics: Europe

Yandex terminates merger discussions with Tinkoff Group

Europe's largest internet company, Yandex N.V. on Friday said, "The company has mutually agreed to terminate its discussion regarding a possible offer for TCS...

DeepTech: Phononic Vibes €2.3 million from Eureka Ventures

Phononic Vibes, a Deeptech startup developing innovative solutions for noise and vibration reduction, announces the closing of a 2.3 M€ capital increase. The startup already...

European Union member states suspend PIA for 6 months

State-owned airline carrier Pakistan International Airlines (PIA) on Tuesday said, "It has been suspended from flying to European Union (EU) member states for the...

Glenmark Pharma records 36.28% increase in Q4 profit at Rs 220 crore

Mumbai-based drugmaker Glenmark Pharma on Friday said, "It has reported a 36.28 percent increase in its consolidated net profit to Rs 220.3 crore in...

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...

Crosses rally on robust PMIs

Euro and Sterling rallied yesterday as France, Germany and UK manufacturing PMIs came in better than expected. Onshore, the USDINR spot moved lower yesterday to...

White House trade advisor Navarro does a U-turn; so do markets

The US Dollar has weakened overnight. The anticipation of a second stimulus package is keeping the USD under pressure. While the EU is finding...

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...

Market Watch: EU heads of state to discuss the recovery plan today

The Bank of England kept rates unchanged and expanded its asset purchases by GBP 100bn to GBP 745bn. The BoE would have held back...

Coronavirus: Spain’s left-wing coalition government approves a minimum income scheme for 2.3 million people

Spain's left-wing coalition government on Friday said, "The government has approved the creation of a minimum income scheme worth 462 euros ($514) a month...

Jubilant Life Sciences partners with Gilead Sciences to develop remdesivir

India-based drugmaker Jubilant Life Sciences on Tuesday said that "It's subsidiary Jubilant Generics Limited has entered into a non-exclusive agreement with Gilead Sciences to...

British PM Boris Johnson urges people to ‘stay alert’ to the risks

Prime Minister of United Kingdom, Boris Johnson on Sunday urged the people to 'Stay alert' to the risks.

Coronavirus: WHO says, “Coming weeks are more critical for Europe”

World Health Organization's (WHO) European regional director, Hans Kluge has warned the official by stating that "It is critical to understand the complexity and...

#Coronavirus: Queen Elizabeth says, “Easter isn’t cancelled”

Addressing the nation for the second time in a week, Britain's Queen Elizabeth in her speech said, "Coronavirus wouldn't overcome us." Adding to the statement,...

Market Analysis: OPEC+ agrees to a historic production cut

OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...

COVID-19: FIFA boss warns against the restarting of football too soon

Looking towards the future of FIFA and the restarting of football after the coronavirus, FIFA President Gianni Infantino says, "For us, health comes first." For...

WATConsult Executive VP Sahil Shah says, “2020 is the year we will be 100% programmatic.”

Like everywhere else, the Indian digital market is very much controlled by the big three where most of the ad dollars get invested. But India...

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

UK Lockdown: Boris Johnson imposes complete lockdown to combat the spread of coronavirus

British Prime Minister Boris Johnson ordered stringent restrictions on people’s movement to slow the spread of the coronavirus, saying people should stay at home...

Market Analysis: Fed announces unlimited QE, corporate bond purchases

The US Dollar has weakened across the board after the Fed unleashed a slew of unprecedented measures. The Fed said it would buy an...

Market Analysis: “COVID-19 to dry up the liquidity in the FX market, quotes to become wider as participation tapers off.”

The Global Coronavirus situation continues to become grim by the day. Several countries across Europe have come to a grinding halt on account of...

US blames China, Russia, and Iran for spreading disinformation on COVID-19

US Secretary of State Mike Pompeo has blamed Russia, China and Iran for spreading "disinformation" on COVID-19 and carrying out coordinated efforts to "disparage"...

UK Foreign Secretary Dominic Raab issues 30 days travel advice against all non-essential international travel

United Kingdom, London: In an attempt to secure its nationalist from the recent outbreak of Coronavirus (COVID-19), the Foreign Secretary in the Government of...

Coronavirus: UK Foreign Secretary Dominic Raab issues travel advice against all non-essential international travel

In an attempt to secure its nationalist from the recent outbreak of Coronavirus (COVID-19), the Foreign Secretary in the Government of the United Kingdom,...

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...

Air India suspends flights to the UK and the rest of Europe

State-run airline carrier Air India on Tuesday said that "It has suspended all its flights to the UK and rest of Europe." The announcement for...

Market Analysis by Abhishek Goenka, “Fed obliges the president; cuts rates to zero”

Just three days before the policy, the US Fed has cut overnight Federal funds rate by 1% to 0-0.25% range. It has also announced USD...

TG TV: Lagarde says “COVID-19 will have a significant impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant impact on economic...

Christine Lagarde said, “COVID-19 will have a huge impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant...

TG TV: Europe is now the ‘Epicenter’ of COVID-19

“With more than 132,000 cases of COVID-19 have now been reported to WHO from 123 countries and territories. Europe has now become the epicenter...

Trending