French sugar producer Tereos is seeking to exit its ventures in China and Romania as part of a wider move by the new management to divest some international assets to lighten the group s heavy. | June 1, 2021
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks eked out modest gain on Thursday, as investors digested central bank comments and awaited key U.S. data to gauge whether inflationary pressures
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(Reuters) -European stocks jumped on Friday, led by gains in energy and retail sectors after the Federal Reserve said there would be no imminent move to tighten monetary policy, easing fears of rising U.S. inflation that pushed the STOXX 600 index into negative territory for the week.
The pan-European STOXX 600 index rose 1.1%, with oil & gas and retail stocks leading the gains.
The benchmark still fell 0.5% for the week as a rally in commodity prices and signs of quickening U.S. inflation raised fears about an earlier-than-expected interest rate hike by the U.S. Federal Reserve.
However, sentiment improved on the U.S. Federal Reserve s reassurances on monetary policy, as it also said it would not immediately reduce cash injections that have propped up financial markets.
ECB Survey Shows Eurozone Banks Expect Credit Standards To Tighten In Q2
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone banks expect credit standards to tighten and net demand for loans to firms and households in the second quarter, results of a quarterly survey by the European Central Bank showed Tuesday.
The criteria for approving home loans eased slightly in the first quarter, while the credit standards for consumer credit and other lending to households tightened, the latest euro area bank lending survey showed.
Banks attributed the tightening mainly to risk perceptions related to borrowers creditworthiness and a lower risk tolerance.
The easing of credit standards for home loans were largely due to competitive pressure.
15 Apr 2021 - 12:18
German Health Minister Jens Spahn and Lothar H. Wieler president of the Robert-Koch-Institute German national agency and research institute, responsible for disease control and prevention, attend a press conference on the current coronavirus pandemic, in Berlin, Germany April 15, 2021. Michael Sohn/Pool via Reuters
Reuters
Berlin: German Health Minister Jens Spahn urged the country s 16 federal states on Thursday to impose tougher restrictions quickly to try to slow a third wave of the coronavirus and not to wait until a national law on measures is passed.
His appeal came as the number of confirmed coronavirus cases jumped on Thursday by 29,426 to 3.073 million, the biggest increase since Jan. 8. The reported death toll rose by 293 to 79,381, data from the Robert Koch Institute (RKI) showed.