European Economy

EU flag waving, european stocks, britain

European, US Stocks Lose Momentum after Vaccine Trial Pause

European stocks fell on Tuesday, losing momentum after the pause of a key coronavirus vaccine trial. Stock traders waited for earnings from some of the world’s leading banks. Rising 0.7% on Monday, the Stoxx Europe 600 SXXP, -0.14% fell by 0.1%. Also sinking were the German DAX -0.36%, French CAC 40, -0.27% and U.K. FTSE …

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Pepsico's shares

In Europe, Pepsico’s revenue grew 3%. Sales rose 15% in Asia

PepsiCo, Inc. is a multinational food snack and beverage corporation that generated more than $67 billion in net revenue in 2019. During the Covid-19 pandemic, people had to stay at home. That was the reason why many companies went bankrupt. However, the giant company could come out stronger after the Coronavirus crash. American-based company’s shares …

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silver price

The European market has run out of silver bullion stocks

The alarm in the European precious metals market went off when the Covid-19 pandemic spread to all the countries of Europe. First, it spread in Italy and, immediately, in Spain and practically all the EU countries, to a greater or lesser degree. The precious metals market lacks stocks of the most demanded bullion, especially silver. …

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Conflict Between Belarus and Russia Affects European Market

Conflict Between Belarus and Russia Affects European Market

The dispute between Russia and Belarus is starting to threaten the supply of fuel in European countries. For the first time ever, the long-running disagreement between the two is getting on the nerves of European experts and traders. Reports say that Belarus will take crude from transit pipelines once shipments from Russia are below 2 …

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