Breaking News: Europe
European markets set to start the new trading week on a somber note
European markets are expected to start the new trading week in negative territory on Monday, with investors in the region gearing up for a busy period of earnings and the European Central Bank’s latest interest rate decision. The U.K.’s FTSE 100 index is expected to open 7 points lower at 8,488, Germany’s DAX down 68 […]
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Novo Nordisk shares pop 10% on early-stage weight loss drug trial results
A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Tom Little | Reuters Shares of Novo Nordisk jumped Friday after the Danish pharmaceutical giant reported positive early-stage results for its once weekly amycretin obesity drug. The trial showed average weight reduction […]
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Burberry shares jump 13% as quarterly sales dip less than expected
Shoppers walk into a Burberry store at Fashion Valley, an upscale shopping mall on December 13, 2024 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Shares of Burberry jumped nearly 13% on Friday after the company reported a shallower-than-expected dip in sales in the fiscal third quarter, providing a first […]
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European markets set to open higher amid calls for lower interest rates by Trump
European equity markets are set to open higher on Friday to cap a positive week for stocks. The U.K.’s FTSE 100 is set to open marginally positive, while Germany’s DAX and France’s CAC 40 are expected to open higher by 0.4%, according to FactSet futures data. Meanwhile, the pan-European Stoxx 600 index is expected to […]
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Structural weaknesses in the German economy must ‘absolutely’ be addressed, finance minister says
It is crucial that Germany embarks on a period of economic growth, the country’s finance minister Jörg Kukies told CNBC on Thursday, adding that structural weaknesses must be addressed. “We’ve just gotten revised down growth forecasts for the IMF again,” Kukies told CNBC’s Karen Tso and Steve Sedgwick at the World Economic forum in Davos. “The structural […]
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WEF live blog: President Trump set to address WEF as the world looks for policy clues
Our audience in Europe can watch a live stream of our Davos coverage above. LONDON — Welcome to CNBC’s live blog covering Day 4 of the World Economic Forum in Davos, Switzerland. We’ll bring you all the latest news, views and action from WEF throughout the day. The big event on Thursday will be President […]
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Europe must be prepared for Trump tariffs, European Central Bank chief warns
Europe must “be prepared” and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday. She said the fact that Trump had not imposed blanket tariffs on the first day of his presidency was a “very smart approach … because blanket tariffs are […]
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Davos 2025 live updates: Leaders and CEOs hone in on monetary policy and security
LONDON — Welcome back to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland. CNBC’s guest highlights today include ECB President Christine Lagarde, who will speak to Karen Tso at 9:15 a.m. Davos time, and Spanish Prime Minister Pedro Sanchez, who will […]
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WEF live updates: World leaders and CEOs descend on Davos for the World Economic Forum
Global economy set for steady growth in 2025, EY CEO survey shows A worker welds steel at a workshop on June 8, 2024 in Hangzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images The global economy is set for steady growth in 2025, and corporate confidence is rising, according to a […]
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European markets open flat ahead of Trump’s inauguration as the 47th president of the U.S.
HSBC shares rise to multi-year high HSBC shares are off to a strong start this week and are currently trading at a 17-year high on an intraday basis. The lender’s London-listed A-shares rose to £8.286 after the stock market opened, its highest level since Nov. 2 2007. And it’s not the only bank notching highs […]
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