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European Shares Retreat As Investors Await Fed Guidance

European Shares Retreat As Investors Await Fed Guidance
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks drifted lower in cautious trade on Wednesday as investors awaited the outcome of a Federal Reserve meeting and guidance on inflation and interest rates.
The Fed is poised to upgrade its forecasts for the U.S. economy, but it would be hard to justify no change in the policy outlook.
The pan European Stoxx 600 slid 0.3 percent to 425.43 after gaining 0.9 percent on Tuesday. The German DAX slipped 0.1 percent, France s CAC 40 index dipped 0.2 percent and the U.K. s FTSE 100 was down 0.3 percent.
German carmaker BMW surged 4 percent after it forecast significant year-on-year increase in group profit in 2021. ....

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The European Union on Wednesday threatened to ban...

© Parikiaki 2021
BRUSSELS (Reuters) – The European Union on Wednesday threatened to ban exports of COVID-19 vaccines to Britain to safeguard scarce doses for its own citizens facing a third wave of the pandemic that would jeopardise plans to restart travel this summer.
With the number of COVID-related deaths in the EU topping 550,000 and less than a tenth of the bloc’s population inoculated, European Commission head Ursula von der Leyen said the epidemiological situation was worsening.
“We are in the crisis of the century,” she told reporters.
“We see the crest of a third wave forming in member states, and. ....

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Polish state websites hacked and used to spread false info

Polish state websites hacked and used to spread false info
March 17, 2021
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WARSAW, Poland (AP) Two Polish government websites were hacked Wednesday and used briefly to spread false information about a non-existent radioactive threat, in what a Polish government official said had the hallmarks of a Russian cyberattack.
The National Atomic Energy Agency and Health Ministry websites briefly carried claims of a supposed nuclear waste leak coming from neighboring Lithuania and threatening Poland.
In addition, the Twitter account of a journalist who often writes about Russian and eastern European affairs was also hacked and used to further spread the information. ....

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Senate confirms Katherine Tai as Biden's top trade envoy

Senate confirms Katherine Tai as Biden s top trade envoy
PAUL WISEMAN, AP Economics Writer
March 17, 2021
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1of3Katherine Tai, nominee for U.S. trade representative, speaks during a Senate Finance Committee hearing on Capitol Hill, in Washington, Thursday, Feb. 25, 2021. (Bill O Leary/The Washington Post via AP, Pool)Bill O Leary/APShow MoreShow Less
2of3President Joe Biden’s Cabinet and Cabinet-level picks. (AP Graphic)Kevin S. Vineys/APShow MoreShow Less
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WASHINGTON (AP) The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be the first Asian American and first woman of color to hold the position. ....

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After vaccine freeze, European countries seek a quick thaw

After vaccine freeze, European countries seek a quick thaw
ANGELA CHARLTON and LORNE COOK, Associated Press
March 17, 2021
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1of17A woman pick up a vial of AstraZeneca vaccine from the box Tuesday from a fridge while a box Monday is seen at left, in a vaccination center in Saint-Jean-de-Luz, southwestern France, Tuesday, March 16, 2021. With coronavirus cases rising in many places, governments faced the grimmest of dilemmas Tuesday: push on with a vaccine that is known to save lives or suspend use of AstraZeneca over reports of dangerous blood clots in a few recipients, even as the European regulator said there was no indication the shot was responsible.Bob Edme/APShow MoreShow Less ....

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