Europe Archive

The 19 most successful CEOs in Europe right now, according to the Harvard Business Review

The Harvard Business Review recently launched its yearly ranking of the world’s best-performing CEOs. The ranking is created by looking at three key financial variables: the change in market capitalisation a CEO has overseen, the country-adjusted total shareholder return, and the industry-adjusted total shareholder return. HBR also measured what it calls ESG, or the environmental, [&hellip

Read More…

European banking bosses are getting paid a lot less than their American counterparts

Chief executives at European banks are getting a rough deal compared to their American counterparts, according to new research published in the Financial Times. The research, by PriceWaterhouseCooper and commissioned by the FT, shows that on average, chief executives in major American banks earn more than twice than those in charge of European banks. In [&hellip

Read More…

Germany got some terrible economic news

Source photo German industrial production figures were unexpectedly poor on Friday. Production fell 1.1% month-on-month in September, against analysts expectations of a 0.5% rise. The figures measure the output of German factories and mines. Here’s the chart for industrial production this year. It’s hardly what you’d want from the powerhouse economy of Europe. Read More

Read More…

European shares sag as StanChart and Volkswagen drop

Source photo European stock markets fell on Tuesday, pegged back by a drop in the shares of British bank Standard Chartered and carmaker Volkswagen. The pan-European FTSEurofirst 300 index and the euro zone’s blue-chip Euro STOXX 50 index both declined by 0.2 percent. Volkswagen’s shares fell 4.2 percent after U.S. environmental regulators said late on [&hellip

Read More…

The world just got closer to a ‘hypersonic space plane’ that will revolutionise ‘the economics of space’

Reaction Engines, one of the brightest prospects in European space plane technology, has big news this morning. BAE Systems, the globetrotting defence and aeronautics giant, just bought 20% of the firm, and it’s making a major investment in Reaction Engines’ most promising ideas. The idea is an unpiloted, reusable hypersonic space plane. It’s called SABRE. [&hellip

Read More…

European shares fall at open as rate-cut effect fades

European shares edged lower at the open on Monday, with China’s rate-cut effect fading slightly in Europe after markets rallied to two-month highs last week on signs of more central bank support. The pan-European FTSEurofirst 300 index was down 0.6 percent, while the euro zone’s blue-chip Euro STOXX 50 index fell by 0.5 percent. Technology [&hellip

Read More…

European stocks head for third straight weekly gain

European stocks climbed Friday, on track for a third straight weekly gain, as the market rides the prospect of more stimulus from the European Central Bank. The Stoxx Europe 600 SXXP, +0.95% gained 1% to 373.81, hovering at a two-month high. All sectors advanced, led by the telecommunications, industrials and consumer-services groups. But standing out [&hellip

Read More…

Lego shortage to hit Europe, but not U.S.

There’s no reason for U.S. moms to panic about the latest headlines saying that Lego will run out of bricks before Christmas. The Danish toy maker will only struggle to meet demand in some European markets, while the U.S. is expected to be fully supplied with the colorful play parts for the holidays, according to [&hellip

Read More…

The refugee crisis killed Eurotunnel’s freight traffic by 33%

Europe is in the middle of the worst refugee crisis since World War II. Around 700,000 refugees from Syria and other Middle Eastern and African nations are estimated to be arriving in Europe this year and the United Nations forecasted the same amount of asylum seekers for 2016 in Europe. When some refugees get to [&hellip

Read More…

Currencies: Dollar holds tight ahead of big central-bank meetings

The dollar was unchanged against the yen and the euro in range-bound Asian trade Tuesday, as investors remained reluctant to make major bets given the lack of fresh trading cues. The greenback USDJPY, +0.12% was at ¥119.49, unchanged from late Monday in New York. Given there no fresh incentives during the Asian to give the [&hellip

Read More…