Breaking News: Europe
Novo Nordisk shares tumble after company forecasts sales declines this year
Novo Nordisk‘s U.S. shares plummeted Tuesday after the company said it sees sales and profit growth declining this year, hit by lower prices in the U.S. and loss of exclusivity for its blockbuster Wegovy and Ozempic in China, Brazil and Canada. The company published the forecast as it reported full-year 2025 sales, ahead of the […]
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LVMH shares plummet 7% as fourth-quarter results lag competitors
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. Benoit Tessier | Reuters LVMH shares plummeted over 7% in morning trading Wednesday after the French luxury conglomerate reported a slight fourth-quarter sales beat late […]
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LVMH beats earnings expectations as China recovery mounts
Luxury conglomerate LVMH reported better-than-expected earnings after the bell on Tuesday and a second quarter of organic revenue growth, as the sector’s recovering business in China starts to show up in balance sheets. Organic revenue grew by 1% in the fourth quarter, flat from the same period a year earlier. Over the full year, revenue […]
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Shares of CSG, one of the world’s fastest-growing defense firms, jump 30% on debut
A flag with the CSG NV logo during the listing of their company at Euronext Amsterdam in Amsterdam, Netherlands, on Friday, Jan. 23, 2026. Bloomberg | Bloomberg | Getty Images Shares of Czech-based defense firm Czechoslovak Group (CSG) soared over 30% on its stock market debut on Friday, underscoring sustained investor interest in defense companies […]
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European lawmakers suspend U.S. trade deal amid Greenland tariff tensions
European lawmakers on Wednesday suspended the approval of the trade deal the EU and U.S. agreed in July. In a statement on Wednesday, European Parliament member Bernd Lange, and INTA chair on EU-US trade relations, said the recent plans by President Donald Trump to impose tariffs of between 10% to 25% on European nations go […]
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Trump calls for ‘immediate negotiations’ on Greenland, but rules out using force
US President Donald Trump delivers a speech during the World Economic Forum Annual Meeting in Davos, Switzerland, on January 21, 2026. Harun Ozalp | Anadolu | Getty Images President Donald Trump on Wednesday called for “immediate negotiations” with Denmark to “discuss the acquisition of Greenland by the United States.” But Trump, in an address to […]
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UK inflation rises to 3.4% in December, above forecasts
A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. Bloomberg | Bloomberg | Getty Images The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled […]
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Trump is showing the world the U.S. is ‘back,’ Scott Bessent tells CNBC as Greenland tensions ratchet up
Scott Bessent, US treasury secretary, during an Economic Club of Minnesota event in Golden Valley, Minnesota, US, on Thursday, Jan. 8, 2026. Ben Brewer | Bloomberg | Getty Images President Donald Trump is showing the world “the U.S. is back,” Treasury Secretary Scott Bessent told CNBC, as tensions rise over the president’s bid to acquire […]
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Auto giant shares tumble on Trump’s tariff threat over Greenland
The logo of the German car manufacturer Volkswagen can be seen on a vehicle in front of a VW dealership. Picture Alliance | Picture Alliance | Getty Images Shares of some of Europe’s biggest carmakers fell sharply on Monday morning, following U.S. President Donald Trump’s pledge to impose tariffs on several European countries over Greenland. […]
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