Culture
Ferrari unveils 400,000 euro hybrid supercars for collectors
[Maranello, Italy] Ferrari unveiled new special editions of its best-selling sports car, the 296, in a bid to extend the life of the model…
Tag
Euro
News
U.S. Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?
President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of…
Culture
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (SERT) declined 3.7 per cent to 3.374 euro cents for the…
Business
1,000 Bulgarian nationalists protest against government plans to adopt euro currency
SOFIA, Bulgaria (AP) — Police in Bulgaria’s capital clashed with nationalist protesters Saturday who demanded that the government scrap…
Culture
Italy investigates Amazon over alleged 1.2 billion euro tax evasion
ITALIAN prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros…
Fashion
Euro set for deeper decline as market sees more ECB cuts
Traders are ramping up bets for a deeper divergence between European and US interest rates, setting the euro on a clear path for further…
Culture
Sanofi plans 5 billion euro buyback, sees higher profit growth
SANOFI said it will repurchase five billion euros (S$7 billion) of stock and grow profits more quickly this year as the drugmaker pivots…
Culture
Stoneweg E-Reit prices 500 million euro green notes due 2031 at 4.25% - The Business Times
The notes have been assigned a rating of ‘BBB-’ by Fitch Ratings and S&P Global Ratings STONEWEG European Real Estate Investment Trust…
Fashion
Firm dollar keeps pound, euro and yen under pressure
The US dollar charged ahead on Thursday (Jan 9), underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure…
Culture
Firm dollar adds pressure to sterling and euro
The US dollar charged ahead on Thursday (Jan 9), underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure…
Culture
VW managers to take combined 300 million euro pay cut: report
VOLKSWAGEN’S management will take pay cuts adding up to over 300 million euros (S$423.4 million) by 2030, according to comments by VW…
Business
23 years into euro era, Germans still handing in old Deutschmarks
Almost a quarter of a century after the introduction of the euro, Germans are still exchanging massive sums of their former currency,…
Culture
Cromwell E-Reit to rename and rebrand, following completion of 280 million euro manager buyout
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) will be renamed Stoneweg European Reit from Jan 2, 2025, with…
Culture
Euro, US dollar steady before ECB decision, Swiss franc falls on large rate cut
THE US dollar was broadly steady on Thursday (Dec 12) while the euro traded a touch higher before the European Central Bank’s monetary…
Culture
Euro tiptoes higher, France turmoil keeps investors on edge
THE euro rose on Tuesday (Dec 3), regaining some poise after political turmoil in France sent traders scrambling for hedging protection…
Culture
Euro falls against strengthening US dollar amid French political uncertainty
THE euro fell on Monday (Dec 2) versus a strengthening US dollar on growing concerns about a possible government collapse in France, which…
Culture
HSBC loses court challenge against 31.7 million euro EU cartel fine
HSBC on Wednesday (Nov 27) lost its challenge against a 31.7 million euro (S$44.8 million) EU cartel fine after Europe’s second top court…
Fashion
Italy’s UniCredit offers to buy Banco BPM for 10.1 billion euro
ITALIAN lender UniCredit said on Monday (Nov 25) it had offered to buy rival Banco BPM in a roughly 10.1 billion euro (S$14.2 billion)…
Fashion
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each…
Culture
US dollar rises against yen on BOJ caution; euro sell-off pauses
THE US dollar climbed against the yen on Monday (Nov 18) after Japan’s top central banker flagged further monetary policy tightening ahead…