Author: Euronews

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. At the end of the day, people on both sides of the border must be reassured of the potential for prosperity for the next generation of Europeans. If the past is any indication of the future, we can safely say that the business case is indisputable, Stefano Mallia writes. ADVERTISEMENTTwenty years after the European Union’s 2004 “Big Bang” enlargement, we have seen it all: perceptions and reflections have been morphing from enthusiasm to fatigue, from hope to…

European stock markets have bounced back after a three-week losing streak, bolstered by eased geopolitical tensions and robust corporate earnings. Meanwhile, Wall Street is also set for a positive week, with performance influenced by the outcomes of major tech company results. ADVERTISEMENTGlobal stock markets experienced a widespread rebound this week as tensions in the Middle East subsided, alongside robust quarterly earnings from companies. Sentiment appears to be recovering from a three-week sell-off earlier in April, which was triggered by escalating conflict between Israel and Iran, a hawkish stance from the Fed, and a surge in government bond yields.EuropeThe FTSE 100…

The right-wing European Conservatives and Reformists (ECR) party has confirmed it will not field a lead candidate in June’s European elections, spurning the process as “useless.” ADVERTISEMENTIn a press statement on Wednesday, the party said that its decision was based on its long-standing position that the so-called Spitzenkandidaten process is not fit for purpose. It came after the adoption of the party’s electoral manifesto in Strasbourg on Tuesday evening, in a meeting chaired by its president, Italian Prime Minister Giorgia Meloni, and attended by former Polish Prime Minister Mateusz Morawiecki.The Spitzenkandidaten process, which sees each major political party field a lead…

The abundance of temporary contracts, as well as low productivity have both contributed to unemployment levels spiking in the first quarter of the year. Source link

The new rules forcing companies to check supply chains have been hailed by environmental and social activists – but raised significant concerns over red tape. Source link

Authorities say the firm’s pre-ticking site design limits the freedom of choice for consumers. ADVERTISEMENTItaly’s antitrust authority has fined two Amazon subsidiaries €10 million for what it considers to be unfair commercial practices.The complaint specifically relates to the firm’s ‘Subscribe and Save’ option, which allows customers to set up recurring deliveries of frequently purchased items.According to Italian officials, the automaticity of this function infringes on consumers’ rights.”The pre-ticking of recurring purchase induces one to periodically buy a product – even without the effective need – thus limiting one’s freedom of choice,” the antitrust body said in a statement.On Wednesday, Amazon…

A string of EU court judgements overruling asset freezes on Russian businessmen doesn’t upend the overall strategy. Source link

France’s Casino supermarket chain is to cut between 1,300 and 3,200 jobs following its recent takeover by Czech billionaire Daniel Kretinsky. Source link

A meeting between the British and German leaders made for a show of unity even as disagreements on how to help Ukraine persist. ADVERTISEMENTGerman Chancellor Olaf Scholz said on Wednesday Europe must step up help for Ukraine – but stuck to his refusal to send long-range Taurus cruise missiles to Kyiv.Scholz spoke after meeting British Prime Minister Rishi Sunak in Berlin, shortly after his counterpart announced the UK will increase defence spending to 2.5 per cent of GDP by the end of the decade.The two countries are Europe’s biggest suppliers of military assistance to Ukraine as it counters Russia’s full-scale invasion. Both…

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. Fund managers’ political leanings sway the way they vote, impacting company governance at the expense of its performance, Massimo Massa and Lei Zhang write. ADVERTISEMENTFund managers are meant to be focused on value creation, and paid to make decisions that financially benefit the firm they invest in and, by consequence, the fund they manage. Yet, recent research suggests that’s not always the case and that, in the United States at least, their decisions can actually be driven by…