Author: Euronews

Net sales for the Dutch semiconductor firm seen as disappointing, coming in at 21.6% lower than predicted. ADVERTISEMENTASML, the firm which makes machines to produce computer chips, saw its shares drop on Wednesday after the release of its first-quarter results.Stock in Europe’s most valuable tech company was down by as much as 6.4%, as investors responded to a number of disappointing indicators.ASML recorded €5.29 billion in net sales during the first three months of the year, compared with a predicted €5.39 billion.Net bookings, a figure which looks at the value of orders received, came in at €3.6 billion in the…

In this edition of State of the Union, we focus on the climate ruling against Switzerland, fairness in the European election campaign and the new EU Migration and Asylum Pact ADVERTISEMENTSwitzerland is a country we rarely talk about on this show.The Confederacy is not a member of the EU, but it ranks highest in the politically stable, well-governed and with high ethical standards metrics. It also appears among the top five nations in the Sustainable Future ranking.That last reputation, though, took a heavy blow this week.The European Court of Human Rights ruled that Swiss authorities are responsible for not implementing efficient…

The average price of a home in Ireland was €323,000 as of February, according to new figures. Prices still vary significantly across the regions. ADVERTISEMENTYear-on-year residential property prices in Ireland have continued to accelerate, according to the country’s Central Statistics Office (CSO).The national Residential Property Price Index (RPPI) recorded an annual rise of 6.1% in the 12 months leading up to February 2024. Prices in Dublin climbed by 5.6%, while areas outside the capital saw an even higher rise of 6.5%.Last month, the Economic and Social Research Institute warned the Oireachtas Committee on Budgetary Oversight that Ireland’s property prices were likely…

This article was originally published in Italian Captured by Moscow soon after its 2022 invasion of Ukraine, the nuclear plant has frequently been caught in the crossfire, becoming a continual source of worry for international observers. ADVERTISEMENTThe latest wave of incidents at the Zaporizhzhia nuclear power plant – a series of kamikaze drone detonations – occurred in early April, and raised new concerns about a potential major incident at the site.However, “there’s no possibility” such attacks could cause the plant to explode, former IAEA chief nuclear inspector Robert E. Kelley told Euronews.The IAEA confirmed that it had not observed any structural damage after the 7 April…

As new eurozone inflation figures are released, Euronews looks at recent trends in euro area inflation, including shifts in key components, differences among member countries – and market expectations regarding ECB rate cuts. ADVERTISEMENTIn March 2024, inflation in the euro area fell from 2.6% to 2.4%, as reported by Eurostat today, marking a four-month low and confirming preliminary data.The euro area comprises countries that use the euro as their national currency within the European Union.The main components contributing to inflation vary. In March, services saw the highest yearly increase, remaining at 4.0% compared to February. Following this, food, alcohol, and…

European Union leaders are gathering in Brussels for a special two-day summit focused on the bloc’s economic competitiveness. ADVERTISEMENTBut the agenda is set to be overshadowed by the ongoing crisis in the Middle East, which the West fears could soon spiral out of control and turn into a wider regional conflict.The concerns have been simmering since the start of the Israel-Hamas war and escalated dramatically after an Israeli airstrike hit the Iranian consulate in Damascus, killing seven members of the Islamic Revolutionary Guard. In retaliation, Tehran launched its first-ever attack on Israeli soil with 300 drones, ballistic and cruise missiles, the…

Optimism among European fund managers surged in April due to rising economic recovery hopes. European equities have gained favour, though worries about central bank policies potentially triggering a market correction loom large. Source link

Almost two-thirds of EU citizens say they are “likely” to vote in the upcoming elections to the European Parliament. ADVERTISEMENTThe findings stem from the latest edition of the Eurobarometer, the parliament’s official survey, which collected the opinions of over 26,000 people in the 27 member states.Released on Wednesday morning, it will be the last survey of its kind to be released before the bloc-wide election, scheduled to take place between 6 and 9 June.In total, 71% of respondents declare they are “likely” to cast a vote to choose who represents them in the 720-member hemicycle. This represents a 10-point increase…

LVMH shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results. Source link

A Brussels gathering of far-right European politicians was disrupted on Tuesday after police moved in to force its shut-down. Source link