Author: Euronews

Global markets shifted to a risk-off mode amid political uncertainties in France. As investor sentiment soured, haven assets saw a surge, while the euro and French stock markets both experienced significant declines. ADVERTISEMENTInvestment sentiment soured amid political uncertainties in France, leading to significant market reactions. The French benchmark, the CAC 40, tumbled 6.23% last week, reaching a nearly five-month low and wiping off approximately €187 billion of market value. The euro also weakened against the US dollar, dropping to just above 1.07 early in the Asian session on June 17, marking its lowest level in six weeks.In contrast, safe-haven assets…

The Princess of Wales, who has been undergoing cancer treatment since March, plans her first public appearance at King Charles III’s birthday parade, saying she is making progress in her health. Source link

Beer prices vary widely across European capitals, with the highest costs found in the Nordic region, the UK, and France. The rankings shift significantly when considering the price level for alcoholic beverages calculated using purchasing power parities. Source link

A 33-year-old man with far-right ties was arrested for stabbing a 12-year-old in Oulu’s Valkea shopping center on Thursday evening. Source link

Tesla’s shareholders voted to reinstate CEO Elon Musk’s $55.8 billion (€52 billion) pay package, which was rejected by a judge in Delaware earlier this year. Investors also approved the relocation of the company’s incorporation to Texas. Source link

The European Parliament members enjoy substantial legal immunity from prosecution, even if the allegations pertain to crimes committed prior to their election. Source link

Beer prices vary widely across European capitals, with the highest costs found in the Nordic region, the UK, and France. The rankings shift significantly when considering the price level for alcoholic beverages calculated using purchasing power parities. ADVERTISEMENTIt’s time for the 2024 European Championship. Football fans are gearing up for the excitement of the matches, and for many, this means enjoying a beer while watching their favourite teams compete. However, the cost of this experience will vary significantly depending on where fans are located or travelling to. Recent data reveals stark differences in the prices of domestic draft beer and the…

About 90 countries and organisations will attend the summit in Buergenstock, but Russia’s absence looms over the event. Source link

German automobile manufacturers such as BMW, Mercedes-Benz and Volkswagen could be badly hit by retaliatory tariffs because they all have massive production plants in China. Source link

Following the elections to the European Parliament, the 27 leaders are set to haggle over the bloc’s political leadership for the next five years. Source link