European shares ease, Unicredit boosts Italian banks

By Helen Reid LONDON, May 11 : Italian banks shone in lacklustre European trading on Thursday after Unicredit’s results indicated its turnaround was gathering pace. Europe’s STOXX 600 slipped 0.1 percent, while the eurozone’s broader stocks and blue-chip indices fell 0.2 percent. Financials were a bright spot for the second day running, with Unicredit up […]

Vaccination gaps lead to dangerous measles outbreaks in Europe -ECDC

By Kate Kelland LONDON, Apr 24 : Gaps in vaccination coverage against measles have lead to several outbreaks of the highly-contagious disease in Europe in the past year, with both children and young adults affected, health officials said today. During the first two months of 2017, more than 1,500 measles cases were reported from 14 […]

Italy prosecutor says rescue boats in contact with people smugglers

By Steve Scherer ROME, Apr 23 : An Italian prosecutor has evidence of phone calls between Libyan people smugglers and aid groups operating rescue boats, he told newspaper La Stampa, amid growing criticism of non-governmental groups saving refugees off the Libyan coast. Carmelo Zuccaro, the chief prosecutor of the Sicilian port city of Catania, did […]

Fewer migrants are crossing Niger for Libya – IOM

By Steve Scherer ROME, Apr 21 : The number of migrants crossing Niger to reach Libya has declined, the International Organisation for Migration (IOM) said today, after Europe pledged Niger money to help it fight people-smuggling. The IOM monitors trucks carrying migrants at a desert crossroads in eastern Niger commonly used to reach Libya, where […]

Brussels tells Poland, Hungary to take in migrants or face legal action

By Gabriela Baczynska BRUSSELS, Apr 12 : The European Union’s executive stepped up pressure on Poland and Hungary today to take in asylum seekers under the bloc’s migration plan or risk legal action if their reluctant governments refuse. Warsaw and Budapest have stonewalled the scheme to move 160,000 people from Italy and Greece – the […]

US investors return to European equities gathers pace: UBS

By Kit Rees LONDON, Apr 12 : US investors, drawn by a brightening European earnings outlook and relatively cheaper valuations than at home, are pumping more funds into regional stocks, according to data from UBS. Flows data from UBS showed that US net buying of European equity exchange-traded funds (ETFs) in March was the highest […]