The actions European They erased their early gains on Friday and posted their biggest weekly drop in five months as support measures from security regulators USA The US and Europe failed to allay fears of a looming global banking crisis. * The pan-European STOXX 600 index closed the day down 1.3%, dragged down by banks, […]
Tag: Europe
Banco Santander plans to open a digital bank in Mexico in 2024
The unit in Mexico of the Spanish financial group Santander expects to open its online bank in the country during the first quarter of next year openbankseeking to boost its digital business, said its general director, Felipe García, on Thursday. Openbank currently operates in European countries and in Argentina and its arrival in Mexico will […]
$54 billion bailout for Credit Suisse gives limited respite to global banks
Credit Suisse It tried to shore up its liquidity and restore investor confidence on Thursday by borrowing up to $54 billion from the Swiss central bank, though the move offered only limited respite to global bank stocks. The Swiss bank is the first major world bank to be thrown an emergency lifeline since the 2008 […]
Credit Suisse Bank collapses nearly 20% on Swiss stock market
The bank’s action Credit Suisse It sank this Wednesday on the Swiss stock market, after its main Saudi shareholder declared that it will not support the entity by increasing its stake in the capital. By 1040 GMT, the share of the second largest Swiss bank was down 19.7% at CHF1.7985, after hitting a record low […]
The growing bonanza of the World Cup, key to the FIFA system
Earn more to distribute more, particularly outside Europewhere football money is still concentrated: that is the key to the system FIFAwhich also guarantees its president Gianni Infantinoin the process of being re-elected on Thursday at the Kigali Congress, a very broad political base. Organized every four years since 1930 in the men’s category and since […]
Volkswagen will invest about US $ 130,000 million in electric vehicles
German car manufacturer Volkswagen will invest 122,000 million euros (about 130,000 million dollars) in the transition to the electric and connected car, the company reported on Tuesday. That sum represents two thirds of the total investments planned by Volkswagen in the next five years, the group said. Until 2027, the main European car manufacturer will […]
Migrants, mothers and in precariousness: the 8M for Latin American women in Spain
The salvadoran Carolina Elías would not have migrated to Spain if at the time of doing so he had had children because he knows the history of his “companions”, the Latina migrant women who face precariousness, long work hours and racism and who demand that Spanish feminism not forget about them. “When you come you […]
TikTok will have 3 European data centers and the figure of an external auditor
The platform TikTok has announced the opening of two new data centers in Ireland and Norway to strengthen the protection of European users in this area, and will appoint an external partner to monitor and audit data security. This was stated this Wednesday at a briefing by Elaine Fox, Head of Privacy for Europe, and […]
GDP slows down in the euro area and falls in the EU in the fourth quarter of 2022
He GDP of the countries in the area euro remained stable and that of the whole of the European Union it fell 0.1% in the fourth quarter of 2022 compared to the third, the European statistical office, Eurostat, reported on Wednesday. Both rates are one tenth of a percentage lower than what this body had […]
Euronews TV channel plans to cut almost 200 jobs in France
The information chain Euronews plans to eliminate almost 200 jobs at its headquarters, located in Lyon (southeast of France), and open offices in various European capitals, concurring sources reported on Thursday. The unions had been waiting for months for the details of the strategic plan announced by management to give new impetus to the channel, […]