Barbara Kollmeyer
Barbara Kollmeyer
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European stocks are already headed for the worst week in months as more COVID-19 restrictions loom

European stocks are already headed for the worst week in months as more COVID-19 restrictions loom

European stocks fell sharply on Wednesday, the third straight drop and already the worst week since June, as investors watched France and Germany for potentially more restrictions as cases climbed on the continent.The Stoxx Europe 600 indexfell 2.4%, after closing nearly 1% lower on Tuesday. The index has lost more than 5% in just three days of trade. The German DAXdropped 3.7%, the French CAC 40tumbled 3.3%, and the FTSE 100fell 2%. The gloom filtered over to Wall Street, where the Dow. Rising COVID-19 cases in the U.S. and largely abandoned hopes for a pre-election stimulus plan hit...

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Barbara Kollmeyer
Oct 28
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European travel stocks slump amid rising concerns over second wave of coronavirus as M&A chatter lifts Covestro

European travel stocks slump amid rising concerns over second wave of coronavirus as M&A chatter lifts Covestro

European stocks slipped on Friday with investor concern growing over a worsening second wave of coronavirus cases in the region denting the travel sector. Meanwhile, deal news was moving shares of Covestro, Euronext and CaixaBank.The Stoxx Europe 600was flat on the heels of a 0.5% drop on Thursday that snapped a four-day winning streak. The week is headed for a gain of around 1%, as of Thursday. The German DAXand French CAC 40fell 0.1% each, while the FTSE 100 indexdropped 0.3%. U.S. stock futureswere flat, though Nasdaq-100 futurespointed to a rebound for technology stocks. Wall Street...

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Barbara Kollmeyer
Sep 18
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Hundreds of cars clog Madrid’s center in mass protest against government’s handling of coronavirus

Hundreds of cars clog Madrid’s center in mass protest against government’s handling of coronavirus

Draped in Spanish flags and filled with protesters shouting “freedom,” “resign now” and “Viva Espana,” hundreds of cars, motorbikes and mopeds descended on Madrid’s center early Saturday.The so-called “Caravan for Spain and Liberty” protest against the left-wing government’s handling of the coronavirus outbreak was organized by the far right-wing Vox party, which emerged after years of near obscurity to win 52 seats in Congress last April, double expectations. Founded by members of the Popular Party, Vox is known as a nationalist, anti-immigrant and ultra conservative party.The party...

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Barbara Kollmeyer
May 23
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European stocks fall on grim economic forecasts and EU failure to agree a pandemic recovery plan

European stocks fall on grim economic forecasts and EU failure to agree a pandemic recovery plan

European stocks slipped Wednesday, as a meeting of EU finance ministers ended with no agreement on a response to the economic crisis caused by the coronavirus epidemic, and amid grim forecasts for France and Germany.The Stoxx Europe 600 indexfell 0.4% to 325.70. The losses threaten to break a two-session streak of gains, with Tuesday’s session ending in a 1.88% rise. Elsewhere, the FTSE 100 indexfell 0.8% as investors continued to watch for updates on the health of British Prime Minister Boris Johnson, who has been in intensive care since Monday after his coronavirus symptoms...

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Barbara Kollmeyer
Apr 8
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