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Tag: Europe

Banks in Europe struggle to find talent with US rivals paying top dollar

Banks in Europe struggle to find talent with US rivals paying top dollar

Finance
European banks are finding it hard to recruit the right people due to new regulations and intense competition from some of their U.S. peers, industry insiders have told CNBC. "It is a vicious circle, isn't it?" said a senior executive at a European bank told CNBC who preferred to remain anonymous due to the sensitive nature of the topic. "You want to hire the right talent because you can see the business is suffering, but you don't get approvals for the headcount and when you finally do, you aren't able to match the salaries," they told CNBC. Pay in t...
Army preps troop, equipment rotation in Europe for Atlantic Resolve

Army preps troop, equipment rotation in Europe for Atlantic Resolve

Business
Jan. 25 (UPI) -- U.S. Army Europe announced rotations of its armored and aviation units, with equipment to arrive in Europe within two weeks. The command, headquartered in Wiesbaden, Germany, said in a statement that armored equipment of the 1st Armored Brigade, 1st Infantry Division, stationed at Fort Riley, Kansas, will arrive at the port of Antwerp, Belgium. About 400 vehicles will then travel in a convoy through Belgium, Germany and Poland for four days. The equipment includes track vehicles, which will move by rail. The maneuvers will be followed by the arrival of planes and equipment of the 1st Combat Aviation Brigade, 1st Infantry Division, also from Fort Riley, Kansas. The equipment and aircraft will arrive at Zeebrugge, Belgium, on Jan. 29, and then move to designated locations i...
Orion capsule: Europe delivers astronaut spaceship's first 'powerhouse'

Orion capsule: Europe delivers astronaut spaceship's first 'powerhouse'

Science
European industry has handed over a key part of the spaceship infrastructure that will eventually take humans beyond Earth into the wider Solar System. At a ceremony at Bremen airport in Germany, American officials accepted the first service module that will power an Orion capsule. Orion is the next-generation vehicle that the US is developing to carry astronauts to the Moon and on to Mars. A first flight of the trans-Atlantic spaceship combo is scheduled for 2020. Known as Exploration Mission-1 (EM-1), this will be an uncrewed demonstration outing. Astronauts are expected to climb aboard a second flight a couple of years later.Friday's ceremony marked a significant milestone in the US-European collaboration. ...
Europe stocks sharply lower after US and Asia sell-off

Europe stocks sharply lower after US and Asia sell-off

Business
European stocks were sharply down in morning trade after concerns about a trade war and higher US bond yields stoked global investor concerns.In London, the FTSE 100 index of leading UK shares was down more than 1.7% at 7,020.Markets in Asia had plunged to a 19-month low after US shares suffered their worst losses in eight months.The global sell-off came as IMF head Christine Lagarde said stock market valuations have been "extremely high". In Paris, the Cac 40 share index was down 1.6% at 5,122 points, while in Frankfurt the Dax index fell nearly 1.5%.The FTSE 100 and the Cac 40 have fallen to their lowest levels since April, while the Dax is at its lowest since early 2017. ...
Watch: Europe sweeps USA in foursomes for first time in Ryder Cup history

Watch: Europe sweeps USA in foursomes for first time in Ryder Cup history

Sports
Sept. 28 (UPI) -- Europe swept the USA in foursomes for the first time in history at the 2018 Ryder Cup on Friday at Le Golf National near Paris. Team USA began the day strong, winning 3-to-1 over the Europeans in Friday morning four ball play. But the Europeans came storming back, winning 4-0 in foursomes. Europe held a 5-3 edge when the first day was settled. "I guess it was two tales," USA captain Jim Furyk told reporters. "Up 3-1, Europe flipped it quickly and got some unbelievable momentum in the afternoon for 4-0. Two totally different sides in the morning and the afternoon." Henrik Stenson and Justin Rose beat Dustin Johnson and Rickie Fowler 3-and-2 in the first match. Ian Poulter and Rory McIlroy beat Team USA's Bubba Watson and Webb Simpson 4-and-2 in Match 2. Sergio Garcia and ...