Breaking News: Europe
Bank of England holds rates for now — so when’s the next cut coming?
People walk along Bank Junction next to the Bank of England in the City of London, the capital’s financial district. Vuk Valcic | SOPA Images | Lightrocket | Getty Images The Bank of England kept interest rates on hold at 3.75% at its first meeting of 2026 on Thursday. The central bank’s nine-member Monetary Policy […]
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Oil giant Shell posts weakest quarterly profit in nearly five years, keeps buybacks steady
The Shell petrol station is at 106 Old Brompton Road in the Royal Borough of Kensington and Chelsea, London, England, United Kingdom, on December 25, 2025. Nurphoto | Nurphoto | Getty Images British oil major Shell on Thursday reported its weakest quarterly profit in nearly five years, amid a weaker crude price environment and unfavorable […]
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Novo Nordisk shares tumble 18% as CEO warns it will get worse before it gets better
Just as Novo Nordisk showed signs of a recovery, another cold shower hit investors as the drugmaker surprise pre-released its 2026 forecast late Tuesday, sending shares tumbling. Novo Nordisk’s stock plummeted 18% in Copenhagen early Wednesday, tracking losses seen in its American depositary shares on Tuesday and more than wiping out gains seen so far […]
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UBS beats expectations with $1.2 billion fourth-quarter profit, plans $3 billion buyback
Fabrice Coffrini | AFP | Getty Images UBS announced plans for a $3 billion buyback Wednesday and posted fourth-quarter profits that beat analysts’ forecasts. The Swiss banking giant said it aims to buyback at least $3 billion of shares in 2026, adding that it aims to do more. Net profit attributable to shareholders rose 56% […]
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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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Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile
US President Donald Trump speaks to the press about a critical minerals stockpile with $12 billion in initial funding, as Washington seeks to lower reliance on China for rare earths and other resources, in the Oval Office of the White House in Washington, DC, on February 2, 2026. Saul Loeb | Afp | Getty Images […]
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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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