Breaking News: Europe
Oil giant Shell launches another $3.5 billion share buyback as profit beats expectations
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil major Shell on Thursday reported stronger-than-expected third-quarter profit, citing robust operational performance and higher trading contributions. Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of […]
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UBS CEO says strategic investments are paying off as third-quarter profit surges 74%
The UBS Group AG headquarters in Zurich, Switzerland, on Wednesday, July 30, 2025. Bloomberg | Bloomberg | Getty Images Swiss banking giant UBS on Wednesday reported stronger-than-expected third-quarter net profit, driven by solid investment banking performance and the release of legal provisions. Net profit attributable to shareholders came in at $2.5 billion for the three-month […]
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European stocks turn negative as earnings, Fed decision hold spotlight; Novartis falls 3%
LONDON — European stocks were lower on Tuesday as global markets await the U.S. Federal Reserve’s interest rate decision. By 8:58 a.m. in London (4:58 a.m. ET), the pan-European Stoxx 600 was trading 0.2% lower, with most sectors and major bourses trading in negative territory. Bucking the trend was the utilities sector, often seen as […]
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Ark Invest CEO Cathie Wood flags AI market correction risk: ‘We think there will be a reality check’
Cathie Wood, chief executive officer of Ark Investment Management LLC, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schartz | Bloomberg | Getty Images ARK Invest CEO Cathie Wood on Tuesday pushed back on fears of an artificial intelligence bubble, while flagging the possibility of a […]
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EU says TikTok and Meta broke transparency rules under landmark tech law
In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England. Anna Barclay | Getty Images News | Getty Images The European Commission, the executive arm of the European Union, said on Friday that it had preliminarily found both TikTok and Meta in breach of […]
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Sweden’s Volvo Cars shares jump 40% after profit beat, on track for best day ever
Mikael Sjoberg | Bloomberg | Getty Images Sweden’s Volvo Cars on Thursday posted stronger-than-expected third-quarter profit, prompting shares to rally by around 40% and putting the stock on track for its best-ever trading day. Volvo Cars, which is owned by China’s Geely Holding, posted operating income for the July-September period of 6.4 billion Swedish kronor […]
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UK rate cut hangs in the balance after latest inflation data
People walk past independent retailers on the Old High Street in Folkestone, UK, on Friday, Oct. 17, 2025. Inflation has surged on food and energy costs this year, with figures forecast to show it hitting 4% in September double the 2% target. Bloomberg | Bloomberg | Getty Images Another interest rate cut from the Bank […]
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Novo Nordisk board members step down after clash with controlling shareholder
The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is seen outside theri building as the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Several Novo Nordisk board members will step […]
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UK Finance Minister Rachel Reeves: November budget will respond to the global challenges we face
Chancellor of the Exchequer Rachel Reeves speaks on stage during the Labour Party conference on Sept. 29, 2025, in Liverpool, England. Ian Forsyth | Getty Images U.K. Finance Minister Rachel Reeves has reiterated her commitment to the government’s self-imposed fiscal rules, but said it must be honest with the public about the challenges the country […]
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UK economy sees meager growth of 0.1% in August, in line with expectations
Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images The British economy expanded by a lackluster 0.1% in August, according to the latest figures from the Office for National Statistics. “Production grew by 0.4% in August 2025, whereas services showed no growth and construction fell by […]
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