European Union

Why France’s Economy Matters So Much: France by the Numbers

Western financial markets got a major boost on Monday morning. Dow Jones Industrial Average futures were up over 1% (200+ points), the CAC 40 in France was up 4.5% (230 points), ...
Read Full Story »

Ford, FCA Boost EU Market Share in March; GM Slides Ahead of Opel Sale

The European Automobile Manufacturers Association (ACEA) reported Wednesday that new vehicle registrations in the European Union rose 11.2% in March compared with new registrations in March of 2016. New registrations ...
Read Full Story »

European Car Sales Flatten as VW Holds Nearly 25% of Market, Shows Peugeot Need for Opel

Cars sales within the European Union rose only 2.2% in February, a shift downward in the rate of expansion compared to most of the past year. One thing has not changed ...
Read Full Story »
Pocket iPhone

Apple Appeals EU’s $14 Billion Tax Demand

A European Commission (EC) ruling last summer found that Apple Inc. (NASDAQ: AAPL) owed the European Union (EU) €13 billion (about $14 billion) in back taxes for the years between ...
Read Full Story »
Arc de Triomphe

Fiat Chrysler’s January EU Sales Top Ford

New car registrations in the European Union (EU) for the month of January totaled 1.17 million units, up more than 100,000 units compared with January of last year. Year over ...
Read Full Story »
Opel factory

Why GM Wants to Sell Opel Group

General Motors Co. (NYSE: GM) decided in 2015 to stop selling its Chevrolet branded vehicles in Europe, and that cost the company more than 100,000 units in sales compared with ...
Read Full Story »
European currency

Ford’s 2016 EU Sales Growth Trails GM, FCA

New car registrations in the European Union (EU) for the month of December totaled 1.14 million units, up about 30,000 units compared with December of last year. Year over year, ...
Read Full Story »
Boeing 777-300er

US Files Appeal in Boeing Subsidy Case

The Office of the U.S. Trade Representative (USTR) on Friday officially filed an appeal with the World Trade Organization (WTO) regarding the international organization's November ruling that certain tax incentives ...
Read Full Story »
2016 Ford Fusion Energi

Ford Leads Detroit Three in EU New Car Sales

New car registrations in the European Union (EU) for the month of November totaled 1.15 million units, up about 50,000 units compared with November of last year. Year over year, ...
Read Full Story »
Italy

Italy’s Economy by the Numbers

Voters in Italy on Sunday soundly rejected proposed changes to the country's constitution that supporters, including Prime Minister Matteo Renzi, said would streamline the country's legislature and make Italy more ...
Read Full Story »
ECB

Growth in Europe Picks Up in Flash PMI Reading

The markets have seen two weeks of post-election rallying, while U.S. interest rates and the dollar have both been rising in anticipation of a return to growth. Markit has already ...
Read Full Story »
Goldman Sachs

Goldman Sachs Issues Upside 2017 Macro Outlook: Trump, GDP, Taxes and Policy

If there is one brokerage research firm that can turn the heads of all investors at once it would have to be Goldman Sachs Group Inc. (NYSE: GS). After all, ...
Read Full Story »
FCA logo

Fiat Chrysler EU Market Share Tops GM, Closing in on Ford

New car registrations in the European Union (EU) for the month of October totaled 1.1 million units, essentially flat with October of last year. Year over year, sales rose by ...
Read Full Story »
Corn field

Dow, DuPont Merger Review Halted Again in Europe

The proposed merger between Dow Chemical Co. (NYSE: DOW) and E.I. du Pont de Nemours and Co. (NYSE: DD) ran into another snag on Thursday when European regulators suspended their ...
Read Full Story »
Brussels

Euro Area GDP Still Escapes Contraction in Q3

Among all the problems in Europe and the post-Brexit woes, the European Statistics agency (Eurostat) has released its first view of third-quarter seasonally adjusted gross domestic product (GDP). The preliminary ...
Read Full Story »