European markets
Munich Re stock rises as company cheers investors with latest earnings
Business
08.05.2024
Munich Re stock rises as company cheers investors with latest earnings
Shares in German reinsurance giant Munich Re rose on Wednesday after the company announced its first-quarter (Q1) 2024 results, clocking…
Weekly market recap: Mixed trends amid macro signals and earnings season
Business
03.05.2024
Weekly market recap: Mixed trends amid macro signals and earnings season
European stocks are poised for a mixed close with the Euro Stoxx 600 and the DAX facing pressure, while the…
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
Business
29.04.2024
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
The financial markets are poised for a bustling week ahead, featuring the Eurozone’s flash CPI, the Fed’s interest rate decision,…
Markets rebound: Easing geopolitical tension and strong earnings bring recovery
Business
26.04.2024
Markets rebound: Easing geopolitical tension and strong earnings bring recovery
Global stock markets experienced a widespread rebound this week as tensions in the Middle East subsided, alongside robust quarterly earnings…
France’s Casino supermarket chain to cut 3,200 jobs following takeover
Business
26.04.2024
France’s Casino supermarket chain to cut 3,200 jobs following takeover
Casino said this week it would be making the job cuts to improve its financial situation — and said it…
French lender BNP Paribas beats profit estimates as expenses decline
Business
25.04.2024
French lender BNP Paribas beats profit estimates as expenses decline
On a big week for banks with numerous lenders posting financial results, BNP Paribas updated investors too on Thursday with…
FTSE 100 hits new record as Associated British Foods reports strong results
Business
23.04.2024
FTSE 100 hits new record as Associated British Foods reports strong results
At the time of writing, the FTSE 100 in the UK, which measures the performance of the 100 largest companies…
Week ahead in the markets: focus on manufacturing and big tech
Business
22.04.2024
Week ahead in the markets: focus on manufacturing and big tech
Reflecting Wall Street’s trajectory, European stock markets declined for the third consecutive week amid prevailing risk-off sentiment. The ongoing conflict…
Faced with US and China, EU leaders call for sweeping competitiveness deal
My Europe
18.04.2024
Faced with US and China, EU leaders call for sweeping competitiveness deal
The political endorsement came Thursday after hours of discussion in Brussels and despite profound disagreements between leaders over proposals to…
LVMH stock falls as consumers rein in spending on luxury goods
Business
17.04.2024
LVMH stock falls as consumers rein in spending on luxury goods
The world’s largest luxury group, which is controlled by the family of billionaire Bernard Arnault, said its fashion and leather goods…