Thousands of migrants trapped in Greece as neighbours tighten restrictions

By Lefteris Papadimas ATHENS, Feb 22 : Thousands of migrants were stranded in northern Greece today after neighbouring Macedonia demanded additional identification from people seeking to cross the border and head to Western Europe, witnesses said. European leaders are concerned that migrants passing through austerity-hit Greece to more prosperous countries could end up stranded if […]

European shares led higher by miners, but HSBC falls

By Danilo Masoni MILAN, Feb 22 : European shares rose on Monday after a positive session in Asia, with gains in miners underpinning the market and investors shrugging off worries about Britain’s potential exit from the European Union. By 0926 GMT, the pan-European FTSEurofirst 300 index was up 1.3 percent at 1,301.37 points, while Britain’s […]

European shares steady at the end of strong week

By Danilo Masoni MILAN, Feb 19 : European shares steadied on Friday at the end of a strong week with a bounce in banking stocks and some solid earnings updates underpinning the market. By 0906 GMT, the pan-European FTSEurofirst 300 had risen 0.02 percent to 1,294 points. The index is up 5 percent so far […]

Uber may deliver latest blow to European parcel firms

By Atul Prakash LONDON, Feb 16 : Europe’s postal companies, already under pressure from Amazon, could soon face a challenge from Uber, which is moving into deliveries, and other start-ups. UberRUSH — run by Uber but connecting you to a courier rather than a taxi — and new entrants like PiggyBaggy and Nimber, could dent […]

European shares edge lower as bank stocks fall; oils off highs

By Sudip Kar-Gupta and Danilo Masoni LONDON/MILAN, Feb 16 : European shares edged lower on Tuesday, with banking stocks again under pressure after a short rebound, while oil companies came off earlier highs on disappointment over a deal to tackle a global supply glut. The pan-European FTSEurofirst 300 index fell 0.3 percent, reversing initial gains […]

French PM rejects permanent quota system for refugees

By Andreas Rinke and Tatiana Jancarikova MUNICH/BRATISLAVA, Feb 13 : French Prime Minister Manuel Valls rejected today the idea of a permanent quota system for distributing refugees across Europe, putting Paris at odds with Germany ahead of a summit to discuss the EU crisis over migration. Speaking to reporters at a security conference in Munich, […]