European Union

While US Closed on 4th of July, the Global Markets Keep On Ticking

Posted: July 4, 2019 at 11:11 am

The 4th of July is one of the biggest holidays in America. Unlike many other major holidays, the United States is really the only nation in the world to celebrate ...
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Ford’s New Tack on European Sales Wipes Out 12,000 Jobs

Posted: June 27, 2019 at 10:20 am

New passenger car sales in Europe have been dropping since 2015. Last year, new vehicle sales rose just 0.1% year over year. Thursday morning, the European Automobile Manufacturer's Association (ACEA) ...
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‘Tariff Man’ Gives Auto Import Tariffs a 6-Month Reprieve

Posted: May 17, 2019 at 10:55 am

One day before a decision was due on whether to impose tariffs on automobile imports, the Trump administration on Friday said it would delay a decision for up to six ...
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April European Auto Sales Slide for Eighth Consecutive Month

Posted: May 17, 2019 at 8:00 am

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of April. Sales declined by 0.4% year over year in ...
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Will a $1.7 Billion Fine Make Google Flinch?

Posted: March 20, 2019 at 11:05 am

In a terse filing with the U.S. Securities and Exchange Commission Wednesday morning, Alphabet Inc. (NASDAQ: GOOGL) announced that the company would take a €1.49 billion ($1.7 billion) charge in ...
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February European Auto Sales Drop for Sixth Consecutive Month

Posted: March 15, 2019 at 7:40 am

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of January. Sales declined by 1% year over year in ...
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Does $66 Trillion in Government Debt Mean the World Is Drowning in Debt?

Posted: January 23, 2019 at 3:27 pm

It is far from a secret that the United States and other nations around the world have what sounds like an insurmountable debt load. With trillions and trillions owed to ...
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2018 European Auto Sales Fizzle

Posted: January 16, 2019 at 7:50 am

The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union (EU) for December and for all of 2018. Sales declined by 8.4% year ...
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What Americans Should Know About Tuesday’s Failed Brexit Vote

Posted: January 15, 2019 at 6:30 pm

Tuesday, January 15, 2019, was a big but not so bright day in the United Kingdom. The British Parliament delivered a very wide defeat to Prime Minister Theresa May's proposed ...
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Germany Enters 2019 Teetering on the Brink of Recession

Posted: January 8, 2019 at 11:10 am

The European Central Bank wants to reverse its multiyear path of economic stimulus and quantitative easing. Unfortunately, that desire may not become reality. Germany is Europe's largest economy, and there ...
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November European Auto Sales Slide for Third Straight Month

Posted: December 14, 2018 at 7:25 am

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of November. Sales declined by 8% year over year in ...
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Ford November Sales Down 5% in Europe; Cars Weaker, SUVs Stronger

Posted: December 12, 2018 at 1:40 pm

Judging by Wednesday morning's report from Ford Motor Co. (NYSE: F) on November sales in Europe, the continent's buyers don't want passenger cars any more than their American counterparts. Passenger ...
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Clovis Oncology Wins Big With European Patent

Posted: December 4, 2018 at 10:05 am

Clovis Oncology Inc. (NASDAQ: CLVS) shares jumped early Tuesday after the European Patent Office upheld the company’s claims. Specifically, the European Patent Office upheld claims of European Patent 2534153 in ...
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Europe GDP Growth Moves Toward Zero

Posted: October 31, 2018 at 6:20 am

While much of the economic world has its eyes on the effect on gross domestic product of a trade war between China and the United States, the world's other leading ...
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S&P Holds UK Rating Steady but With Negative Outlook

Posted: October 27, 2018 at 8:05 am

S&P has held its rating of the United Kingdom at AA/A-1+. It is the second highest grade S&P gives sovereign debt. However, the ratings agency's outlook for the debt is ...
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