European Union

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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6 Most Important Things in Business Today: China GDP Slows, New Tesla

Posted: October 19, 2018 at 4:59 am

Gross domestic product growth in China slowed. According to Reuters: China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm ...
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September Car Sales Plunge in Europe

Posted: October 17, 2018 at 7:40 am

The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union for the month of September. Sales tumbled by 23.5% year over year in ...
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6 Most Important Things in Business Today

Posted: September 20, 2018 at 5:13 am

Facebook Inc. (NASDAQ: FB) may have legal problems in Europe. According to Reuters: Europe’s justice chief gave U.S. social media giant Facebook until the end of the year to comply ...
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Summer Car Sales in Europe Soar, Jeep Sales Rise 160%

Posted: September 19, 2018 at 8:00 am

The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union for the months of July and August. July sales rose by 10.5% compared ...
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