European News

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European stocks dip in choppy trade

European stock markets have followed Asian shares lower as fears persist of a Chinese-led economic slowdown. In London, the FTSE 100 was more than 1% lower in morning trade, with mining stocks among the biggest…


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New ‘scriever’ to promote status of Scots

With no standard version, many argue that Scots is a collection of dialects, not a language ©Getty Champion of Scots: the 18th-century poet Robert Burns David Hume, the great Scottish philosopher, denounced it as a…


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US natural gas glut prompts price warning

©Bloomberg El Paso’s liquid natural gas receiving terminal at Elba Island in Savannah, Georgia Hot summer weather has done little to burn off an impending US natural gas glut, prompting warnings of record-breaking inventories and…


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Why Beijing’s renminbi drive is misguided

  © Getty Images China wants the renminbi to be part of the International Monetary Fund’s basket of elite currencies — the Special Drawing Rights — and a major global currency for trade and reserve…


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Europe stocks fall as volatility reigns

©EPA Wednesday 08:35 BST. Global markets continue to be gripped by intense volatility as equity benchmarks swing sharply, encouraging investors to seek safety in government bonds. The August angst, sparked by concerns about the Chinese…


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Fire disrupts Dublin Airport flights

Dublin Airport has temporarily suspended flights because of a fire on the roof of a hangar. It has advised passengers to check with their airline for flight information. Four fire appliances were sent to the…


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China launches probes into brokerages

©Bloomberg Chinese authorities have launched a fresh crackdown on financial market malpractice, putting five of the country’s top brokerages under investigation amid the steepest slide in domestic stock markets in almost two decades. Haitong Securities,…


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Renminbi looms large behind China easing

©Bloomberg The timing of China’s twin easing measures, announced late on Tuesday, appeared to chime with the view that Beijing had blinked in the face of tumbling stocks. Earlier in the day, the Shanghai Composite…


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China equities gyrate after PBoC rate cut

©AFP A fresh salvo of easing measures from the People’s Bank of China resulted in sharp swings in stock prices on Wednesday morning, with the Shanghai Composite dropping as much as 2.3 per cent in…


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Kosovo and Serbia in 'landmark' deal

Image caption Among the agreements was one on Mitrovica Bridge in northern Kosovo, which divides Serb and Kosovan communities Kosovo and Serbia have signed a series of agreements in key areas, in a major step…