Breaking News: Europe

European markets rise as defense stocks continue rally
World

European markets rise as defense stocks continue rally

UK unemployment steady at 4.4% in final quarter of 2024 Advert on back of bus for staff vacancies in Ipswich, England.  Geography Photos | Universal Images Group | Getty Images The U.K.’s unemployment held steady at 4.4% in the three months to December, data from the country’s Office for National Statistics showed on Tuesday. The […]

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European markets edge higher as political tension lingers
World

European markets edge higher as political tension lingers

Anglo American Platinum announces dividend and demerger plans Anglo American Platinum said Monday that it would pay out an additional cash dividend before a demerger that will see it become a standalone company. The additional dividend will amount to 59 South African rand ($3.21) per share, with the payout totaling 15.7 billion rand. It will […]

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Europe stocks lower after hitting record highs on hopes of Ukraine peace deal
World

Europe stocks lower after hitting record highs on hopes of Ukraine peace deal

European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose […]

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Europe stocks hit fresh record high on earnings, Ukraine peace hopes
World

Europe stocks hit fresh record high on earnings, Ukraine peace hopes

European stock markets were broadly higher Thursday, amid a flurry of earnings and economic data and rising hopes of an end to the Russia-Ukraine war. The regional Stoxx 600 index maintained positive momentum from earlier this week, when it marked three record closing highs, gaining another 0.74% by midday in London to hit another all-time intraday peak. Markets […]

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UK economy ekes out 0.1% growth in the fourth quarter, beating expectations
World

UK economy ekes out 0.1% growth in the fourth quarter, beating expectations

A general view of people visiting the Trafalgar Tavern pub decorated with bunting and string lights on the bank of the River Thames in Greenwich on December 16, 2023 in London, United Kingdom.  John Keeble | Getty Images News | Getty Images The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, according […]

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British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
Finance

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

Key Points British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback. Pretax profit rose by 24% to £8.108 billion in 2024, just above analyst expectations of £8.081 billion, according to LSEG.  Source

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Trump reciprocal tariffs could come by Thursday, White House says
World

Trump reciprocal tariffs could come by Thursday, White House says

U.S. President Donald Trump looks on, as he signs executive orders in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025.  Kevin Lamarque | Reuters President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said Wednesday. “I […]

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European markets head for positive open as traders await latest U.S. inflation data
World

European markets head for positive open as traders await latest U.S. inflation data

European markets are heading for a positive open Wednesday as global markets await the latest inflation reading out of the U.S. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,785, Germany’s DAX up 75 points at 22,104, France’s CAC up 12 points at 8,042 and Italy’s FTSE MIB 102 points higher […]

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European stocks head for mixed open as global markets react to Trump’s latest tariffs
World

European stocks head for mixed open as global markets react to Trump’s latest tariffs

UniCredit sets profit goal of around 10 billion euros by 2027 UniCredit said it aims to increase net profit to around 10 billion euros by 2027, with the “ambition” to distribute more to shareholders than it did 2024. Italy’s second-largest lender posted fourth-quarter net profit that beat expectations amid market focus on the bank’s M&A overtures. […]

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Kering shares pop 6% on fourth-quarter beat even as sales at embattled Gucci brand lag
World

Kering shares pop 6% on fourth-quarter beat even as sales at embattled Gucci brand lag

A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024.  Bloomberg | Bloomberg | Getty Images Shares of Kering popped on Tuesday after the French luxury goods firm reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The […]

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