European stocks are expected to open broadly flat on Wednesday as investors gear up for central bank decisions.
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European markets head for soft open as sentiment falters
World
UK finance minister Rachel Reeves blasts Trump administration over economic impact of Iran war
U.K. Finance Minister Rachel Reeves on Wednesday called for an immediate de-escalation of the war in the Middle East, and sharply criticized the U.S. administration’s handling of it. Speaking to CNBC’s Sara Eisen at the Invest In America Forum in Washington, D.C., Reeves warned of mounting risks to global economic stability caused by the closure of […]
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China economic growth accelerates to 5% in first quarter, beating expectations, on robust exports
People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic […]
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Daikin shares jump 14% after activist investor Elliott pushes for reforms
Shares of Daikin Industries surged as much as 13.9% on Thursday after activist investor Elliott Investment Management said it would work with the company to improve performance and narrow its valuation gap with peers. The stock later pared gains and was up about 11% as of 10:40 a.m. local time. “Elliott’s significant investment in Daikin reflects […]
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