Breaking News: Europe
Europe markets open lower ahead of ECB decision; Siemens Energy jumps 12% on upgraded forecast
Hermès sales rise but narrowly miss analyst expectations A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images Luxury group Hermès reported higher revenue as U.S. sales grew strongly in the first quarter, though slightly missed analyst expectations. […]
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European markets set for a negative open as tariff uncertainty weighs on sentiment
Heineken revenue beats estimates but beer sales wane Beers on display at Winn-Dixie grocery store in Miami, Florida. Jeff Greenberg | Universal Images Group | Getty Images Dutch brewing giant Heineken posted a 4.9% year-on-year decline in first-quarter revenue to 7.78 billion euros ($8.85 billion) as beer sales fell 2.1%. Organic net revenue before exceptional items […]
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LVMH plunge puts spot as world’s top luxury stock at risk after sales miss
Louis Vuitton store window display in Mitsukoshi department store in Tokyo, Japan, on Friday, April 4, 2025. Bloomberg | Getty Images Shares of LVMH plunged as much as 8% on Tuesday morning, at one point losing its position as world’s largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported […]
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Autos lead Europe stocks higher on hopes of Trump tariffs easing
UK labor market eases as wage growth remains strong The U.K. employment rate ticked 0.2 percentage points higher on the quarter to 75.1% between December 2024 and February 2025, the Office for National Statistics said in a labor market report published Tuesday. In an initial estimate, the number of payrolled employees fell 0.3% month on […]
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Europe stocks pop 2.2% as Trump tariff exemptions boost sentiment; tech up 3%
European stock markets were broadly higher on Monday morning, as investors parsed news of a U.S. tariff exemption for some tech items while the earnings season kicks into gear. The pan-European Stoxx 600 index was 2.2% higher at 9:30 a.m. London time with all sectors in the green, bolstered by technology gains of 3%. Oil […]
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European stocks rise slightly at the open as tariff-triggered volatility persists
European stock markets opened slightly higher in early trade on Friday as a volatile week for shares nears its end and concerns about a trade war between the U.S. and China persist. The pan-European Stoxx 600 opened up 0.4%, with the U.K.’s FTSE 100 inching up by 0.5%, while Germany’s Dax and France’s CAC 40 […]
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UK economy expands by 0.5% in February, more than expected
People browsing stalls along Portobello Road Market on Feb. 22, 2025, in Notting Hill, West London. Mike Kemp | In Pictures | Getty Images The U.K. economy grew by a higher-than-expected 0.5% month-on-month in February amid a jump in the services output, official data showed on Friday. Analysts had projected a monthly gross domestic product […]
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Shipping giant Maersk, a bellwether for global trade, pops 10% on Trump’s tariff pause
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Shares of Danish shipping giant Maersk, a bellwether for global trade, posted substantial gains on Thursday morning, rallying after U.S. President Donald Trump’s 90-day pause on higher tariffs for some countries. […]
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European stocks soar 7% as markets breathe sigh of relief after Trump tariff pause: Live updates
European markets rose sharply at the open on Thursday, after U.S. President Donald Trump temporarily reversed course on tariffs. The regional Stoxx 600 index was 7.04% higher shortly after the opening bell, with stocks across the board surging to place all individual sectors firmly in positive territory. Banking, tech and industrials stocks notched the biggest […]
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European Union approves first set of retaliatory tariffs on U.S. imports
European flags fly in front of the Berlaymont building. Omar Havana | Getty Images News | Getty Images The European Union on Wednesday voted to approve its first set of retaliatory measures to counter tariffs imposed by the U.S. on steel and aluminum. The European Commission, the bloc’s executive arm, said duties would start being […]
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