Positive Economic Data And Important News From Alibaba & Baidu As Markets Face European Bank Headwind

China Last Night KraneShares Key News Asian equity markets rebounded overnight, less so India, as Silicon Valley Bank (SVB) contagion fears receded. This morning, European markets and banks sold off s...

Credit Suisse stock falls 28% as European banks slammed

Credit Suisse (SWX:CSGN) is freefalling. PTSD for Europeans is flaring up, as a phrase they thought had been condemned to the annals fo history – “banking failure” – is suddenly again receiving airtim...

Credit Suisse Sinks, Fueling $60 Billion Rout in European Banks

(Bloomberg) — Credit Suisse Group AG shares plunged and credit default swaps were near a distressed level after its biggest shareholder ruled out any additional support. Most Read from Bloomberg...

Bitcoin proving to be an independent player in European market turmoil

Quick Take Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S. Bitcoin has a -0.21 correlation with the FTSE 100. Bitcoin has a -0.71 correlation with the...

Dow Jones Futures Fall 500 Points As Credit Suisse Triggers European Bank Sell-Off

Dow Jones futures sold off early Wednesday, along with S&P 500 futures and Nasdaq futures, with Credit Suisse (CS) tumbling as its top shareholder ruled out investing more in the ailing Swiss bank...

Credit Suisse shares tumble to new record low as European banking sector reels

Swiss banking giant Credit Suisse on Wednesday saw its shares fall to a new record low, pressuring the broader market and the rest of the European banking sector days after two lenders collapsed in th...

After US banks fail, contagion heads to European banks – smaller banks begin to fold

Quick Take Credit Suisse share price hits a record low — $2.19, a pre-market low of over 12%. The problem for Credit Suisse is that it cannot cover deposit flights and borrow money in the markets. Acc...

European Stocks, US Futures Slip on Rate-Hike Bets: Markets Wrap

(Bloomberg) — Stocks in Europe declined amid disappointing results from large clothing retailers and worries over Credit Suisse Group AG. US equity futures edged lower and short-end Treasury yie...

European Auto Sales Will Advance In 2023, But Profits Likely To Wilt

Europe map and car toy – travel background getty Europe’s automakers pleased investors with strong profit reports for 2022 but they will be raising eyebrows as some experts see deteriorating ear...

U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis

The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms.  A...

Energy Diplomacy Isn’t Helping Russia In Africa

Russian President Vladimir Putin (C) gestures as Egypt’s President Abdel Fattah al-Sisi (L) and … [+] South African President Cyril Ramaphosa (R) pose for a family photo with African count...

European stocks slip in early trade after U.S. bank bailout package

European stocks declined in early action on Monday, while U.S. stock futures were pointing higher after a turbulent weekend which saw another major bank collapse and a new rescue package get announced...

European bank stocks sink as Silicon Valley Bank jitters spread

European banking stocks sold off sharply in early trade Friday as a global contagion effect took hold after shares in U.S. bank SVB Financial plunged 60%. It followed an announcement by the tech-focus...

FC Barcelona Face And Fear Champions League Exclusion From UEFA Over Referee Payments Scandal

FC Barcelona face possible exclusion from the Champions League by UEFA. Getty Images FC Barcelona fear being thrown out of the Champions League by UEFA next season in relation to payments they made to...

European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse

Despite the recent collapse of the cryptocurrency industry, one major European asset manager, Amundi, believes that digital assets like Bitcoin still have potential. In a recent thematic paper analyzi...

European Markets Flat amid Impending Fed Chair Comments

European markets remained flat on Tuesday as all eyes are on Jerome Powell’s imminent congressional statement.  European markets are currently flat as investors await the congressional testimony by Fe...

Claire’s Opens First European Flagship In Paris, Designed With Nicola Formichetti

Claire’s first European flagship is in Paris in the 11th arrondissement, a neighborhood that … [+] resonates with Gen Z and Alpha. Courtesy of Claire’s Nicola Formichetti, the Japane...

PGA Tour, European Tour Group, LET And LPGA Tap Greenfly To Drive Short-Form Content Distribution

The PGA Tour, LPGA, European Tour Group and Ladies European Tour partner with Greenfly Greenfly While the PGA Tour’s decision to reformat designated events into reduced field, no-cut affairs sta...

European companies showing ‘surprise resilience’ — and better value than the U.S.

A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters LONDON — Eur...

Netherlands ranked as most crypto-curious European country

Ad Judging by the number of crypto-related internet searches, the Netherlands came in as the most crypto-curious country among all 46 European nations, according to Dua Crypto’s European Crypto Index....

European Central Bank chief economist Lane says rate rises will continue after March

Philip Lane, the chief economist of the European Central Bank, said interest-rate rises will have to continue beyond the March meeting, when a 50 basis point rate hike is seen as almost 100% certain. ...

Continuous Rise of Crypto Scammers in the European Nations 

There have been multiple cyber attacks and exploits over the last two years in the crypto sector. The weak crypto regulations and less focus on the crypto market paved a path for the scammers to steal...

European New ICE Vehicle Ban In 2035 Stumbles, But Has It Crashed?

European Union sets new climate law: net-zero emissions are now a target for 2050 – Carbon … [+] Neutrality concept with CO2 and O2 molecules against tree canopy and sky background getty T...

Gemini says third-party incidents resulted in phishing scam targeting European users

Gemini disclosed incidents attributed to a third party that resulted in a phishing campaign targeting users in the UK and Europe, according to a client email seen by The Block. Scammers have use...

European Commission Calls the Sandbox a Better Alternative to DLT

Blockchain Regulatory Sandbox launched for regulatory discussions on the use of cutting-edge blockchain technology. The Sandbox will provide legal certainty for decentralized technological solutions. ...

European Union is welcoming crypto amid regulatory crackdown in U.S.

Europe is opening its doors to crypto amid the regulatory crackdown on crypto firms in the United States. European officials are pitching the EU as a friendly place for crypto firms to set up their bu...

Xavi Hernandez Could Be Fired For FC Barcelona’s Endless European Failures

Xavi Hernandez could be fired for FC Barcelona’s embarrassing European exits. Getty Images FC Barcelona head coach Xavi Hernandez could one day be fired for his continued failures in Europe. For...

WhiteBIT shares its expertise at the European Blockchain Convention: “Market Making is key to crypto market recovery”

The team of Europe’s largest cryptocurrency exchange, WhiteBIT, attended the European Blockchain Convention, held February 15-17 in Barcelona. There they explained why market making is the key to the ...

US, European Futures Retreat Alongside Asia Stocks: Markets Wrap

(Bloomberg) — US and European equity futures declined along with Asian stocks on Tuesday as investors weighed the prospect of central banks tightening policy more than previously expected to tam...

The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox

On February 15, the European Commission made the announcement that it will be launching the European Blockchain Regulatory Sandbox. The regulatory sandbox will serve as a forum for discussion around 2...

Putin losing energy war as European gas supplies near record levels

Vladimir Putin has seen Russian revenues from gas tumble from highs set in August – Sputnik/Mikhail Metzel via Reuters Europe is on course to end the winter with near record volumes of gas in st...

Euro Stoxx 50 index outlook as European stocks rally gains steam

The Euro Stoxx 50 index is having a good year as investors bet on a strong recovery of the European economy. The index, which is made up of the biggest public European companies, rose to a high of €4,...