Tag: europe
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Italy bans batch of AstraZeneca jab but plays down risks
Rome, March 11 (AFP/APP):Italy’s medicines regulator on Thursday banned the use of a batch of AstraZeneca/Oxford coronavirus vaccine as a precaution, after fears of a link to blood clots sparked suspensions across Europe. But the regulator said there was currently no established link between the vaccine and the alleged side-effects — a position reinforced by…
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Stocks shine as US inflation muted, stimulus nears
London, March 10 (AFP/APP):European and US equities mostly pushed higher, striking records on both sides of the Atlantic, as US inflation remained muted and the massive $1.9-trillion stimulus programme neared the legislative finish line on Wednesday. This year’s global equities rally on stimulus and the vaccine-driven reopening of the global economy has recently hit an…
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Portugal is The First Country to Build a Floating Wind Farm on Sea
LISBON, March 10 (Xinhua/APP): The construction of WindFloat Atlantic has made Portugal the first country in Continental Europe to build a floating wind farm on the sea. The project, started 10 years ago and already in full operation, has been producing energy through its 8.4-megawatt turbines, which are said to be the largest in the world…
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Dawlance collaborates with Daraz to offer a wide range of Appliances on DarazMall
Karachi: March, 2021: Dawlance the #1 home-appliances brand in Pakistan, a subsidiary of Arcelik – the 2nd largest white goods manufacturer in Europe, celebrates its 40 years of Reliability by making its products available to a wider customer base on DarazMall. The brand launched its official E-Commerce store in 2020 and now, as a second…
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Europe won’t engage in vaccine ‘propaganda’: EU chief
Brussels, March 9 (AFP/APP):EU chief Charles Michel defended Europe’s much-criticised Covid-19 inoculation strategy on Tuesday by stressing Brussels will share jabs with the world and “will not use vaccines for propaganda purposes”. “We should not let ourselves be misled by China and Russia, both regimes with less desirable values than ours, as they organise highly…
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Stocks rally on US stimulus, oil spikes on unrest
London, March 8 (AFP/APP):European and US stock markets mostly pushed higher Monday on optimism that a massive fiscal package in the United States is heading towards enactment, while oil prices briefly surged above $71 per barrel following an attack on Saudi oil facilities. After Asian indices closed mostly lower, with sharp losses in Hong Kong…
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‘The EU cannot defend Europe’: NATO chief
Bruges, Belgium, March 4 (AFP/APP):NATO Secretary General Jens Stoltenberg warned Thursday that Europe’s defence depends on close transatlantic bonds and not on a quest for the continent’s strategic autonomy. Most EU member states are also NATO member states, and their citizens’ safety relies on an alliance that far outspends their own capitals on security, he…
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European stocks climb, bucking Asia losses
London, March 2 (AFP/APP):European stock markets extended gains Tuesday despite Asian losses as investors assessed the outlook for global interest rates, dealers said. Equities rebounded Monday from last week’s heavy selloff on easing US money market rates, fading inflation fears plus progress on coronavirus vaccine rollouts and the passage of President Joe Biden’s $1.9-trillion stimulus…
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China to provide COVID-19 vaccines to 19 more African countries: FM spokesperson
BEIJING, Feb. 22 (Xinhua/APP):China will provide COVID-19 vaccine aid to 19 more African countries, and China’s international cooperation on vaccines aims to make its jab a global public good, Foreign Ministry spokesperson Wang Wenbin said Monday. Wang made the remarks when asked to comment on French President Emmanuel Macron’s claim at the Munich Security Conference…
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European stock markets slide at open
London, Feb 22 (AFP/APP):European stock markets slid at the start of trading on Monday following falls across much of Asia. London’s benchmark FTSE 100 index dropped 0.5 percent to 6,590.64 points, with British Prime Minister Boris Johnson set to outline later in the day how England will exit its third pandemic lockdown. In the eurozone,…