EssilorLuxottica SA said Friday that revenue in the third quarter picked up thanks to strong sunglasses sales in Europe over the summer and reopenings in China. The Franco-Italian eyewear group Read more
Tag: Europe
Opinion: If Europe and the U.S. want to win the war in Ukraine, they must enlist their economies in the fight
NEW YORK (Project Syndicate)—Politically, the G-7 and like-minded countries around the world have adopted a war footing to stop Russian aggression. Russian President Vladimir Putin violated the most fundamental principle Read more
Traveling to Europe soon? 6 tips to help you save money and avoid misery
Tourism rebounded this summer in Europe — and Europe wasn’t ready. Pandemic-related staff shortages led to massive lines and flight cancellations at many airports; meanwhile, prices for hotels and taxis Read more
Opinion: Looking for a cheap retirement spot? Europe is a good deal for Americans
I’m currently visiting London, and thanks to the turmoil on the foreign exchange markets I feel about as rich as Rockefeller. The British pound, which in 2007 cost $2.11, is Read more
Next, H&M shares slide as Europe retailers reveal customer caution
Shares in London-listed Next and Sweden’s H&M Group slid on Thursday as the two fashion retailers posted downgrades of profit expectations. UK fashion retailer Next NXT, -12.45% said it’s now Read more
Nord Stream pipeline leaks remind Europe it can’t rely on natural gas from Russia
Europe can’t rely on Russia for natural gas — that’s an issue that had already fueled a rally in European benchmark prices for the energy source, but damage to the Read more
Gas futures in Europe continue to climb as Gazprom warns Ukrainian gas route could be cut off
European and UK benchmark natural gas prices jumped after Kremlin-run Gazprom warned that the remaining gas route to Europe, via Ukraine, is now at risk of being shut off. Bloomberg Read more
‘The situation has deteriorated.’ Deutsche Bank forecasts deeper Europe recession amid a war-fueled energy crisis
Hopes for a “mild recession” in Europe this winter have been abandoned by Deutsche Bank strategists, who have dramatically slashed their 2023 growth forecasts. The bank now expects EU-area growth Read more
‘The situation has deteriorated.’ Deutsche Bank forecasts deeper Europe recession amid a war-fueled energy crisis
Hopes for a “mild recession” in Europe this winter have been abandoned by Deutsche Bank strategists, who have dramatically slashed their 2023 growth forecasts. The bank now expects EU-area growth Read more
Putin’s ‘all instruments’ remark perceived as nuclear threat as Russia mobilizes some 300,000 reservists
KYIV, Ukraine (AP) — Russian President Vladimir Putin ordered a partial mobilization of reservists in Russia, in a measure that appeared to be an admission that Moscow’s war against Ukraine isn’t going Read more