Breaking News: Europe

British Gas owner Centrica pops 4% after announcing £1.3 billion investment in UK nuclear project
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Europe stocks nudge higher despite tariff uncertainty; Ryanair profits soar 128%
European markets open mixed European stock markets moved cautiously higher in early deals, with France’s CAC 40 and Germany’s DAX both up around 0.1%. The regional Stoxx 600 index had nevertheless already pared gains to trade at the flatline by 8:10 a.m. in London. Autos stocks are down 0.6%, with Stellantis down 2.7% after announcing […]
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Jeep maker Stellantis expects first-half net loss of $2.7 billion as tariffs bite
New Ram vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot in Miami, Florida. Joe Raedle | Getty Images Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its […]
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Fighter jet maker Saab pops 12% on profit beat amid European defense splurge
A Swedish Air Force Saab JAS 39 Gripen jetfighter takes part in the NATO exercise as part of the NATO Air Policing mission, in Alliance members’ sovereign airspace on July 4, 2023. John Thys | Afp | Getty Images Shares of Swedish defense giant Saab jumped on Friday morning, after the company reported stronger-than-expected profit and sales […]
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Sweden’s Volvo Cars pops 10% on quarterly profit beat
Volvo vehicles seen outside a Volvo dealership in Edmonton, AB, Canada, on February 02, 2025. Nurphoto | Nurphoto | Getty Images Shares of Sweden-based automaker Volvo Cars rose more than 10% on Thursday as the company’s second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline. Volvo Cars, which is owned by China’s Geely […]
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Swiss pharma Novartis announces $10 billion share buyback
Private equity firm EQT triples deal exits to 13 billion euros in 2025 Europe’s largest private equity EQT said it had divested 13 billion euros’ ($15.05 billion) worth of investments in the first half of the year — three times as much as in the same period of last year. The Sweden listed fund said […]
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Guinness owner Diageo says CEO to step down, names interim successor
Diageo shares up 4% after firm announces departure of CEO Debra Crew Diageo shares were 4% higher at 12:53 p.m. in London (7:53 a.m. ET) after the Guinness and Johnnie Walker owner named Nik Jhangiani as interim chief executive officer. Debra Crew, who has served as CEO of the firm since June 2023, stepped down […]
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Renault shares plunge 16% after French carmaker lowers guidance, appoints new interim CEO
A Renault Espace E-Tech full Hybrid (L) and a Megane E-Tech 100% Electric EV (C) are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland. John Keeble | Getty Images News | Getty Images Shares of French carmaker Renault plunged as much as 17% on Wednesday after the […]
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UK inflation hits hotter-than-expected 3.6% in June
A one pound price label in bowls of produce on a grocery stall at East Street Market in London, UK, in spring 2024. Bloomberg | Bloomberg | Getty Images The U.K.’s annual inflation rate hit a hotter-than-expected 3.6% in June, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled […]
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Chip giant ASML says it can’t confirm that it will grow in 2026
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images ASML reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus. However, the chip equipment giant missed analyst expectations for revenue guidance in the current quarter […]
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