Breaking News: Europe
BP CEO hails exploration discovery boon after surprise profit beat
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images Britain’s BP on Tuesday posted stronger-than-expected second-quarter profit, following a period of heightened volatility for global oil and gas prices. The struggling energy major reported underlying replacement cost profit, used as a proxy for net profit, of $2.35 […]
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European markets look set to start the week positively; oil prices in focus after OPEC+ output hike
What to keep an eye on today An electronic board displays exchange rate information at a currency exchange bureau in Istanbul, Turkey, on Aug. 29, 2022. Nicole Tung | Bloomberg | Getty Images The second-quarter earnings season is starting to ease, with no major corporate reports Monday. On the data front, traders will be keeping […]
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Euro zone inflation holds steady at higher-than-expected 2% in July
A customer stands in front of a fruit and vegetable stall at an open-air market in Paris on July 15, 2025. Behrouz Mehri | Afp | Getty Images Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday. Economists polled by Reuters had expected the figure […]
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European stocks set to open lower amid Trump’s tariff rejig
Euronext tops expectations Euronext has topped quarterly earnings expectations, boosted by ongoing market volatility. Revenue hit a fresh record and net profit rose by almost 30%. The earnings report comes as the exchange operator launches a bid to buy the Athens Stock Exchange, with its offer valuing the Greek bourse at more than 400 million […]
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German inflation dips to cooler-than-expected 1.8% in July
Rhineland-Palatinate, Mainz: Fruit is sold at the weekly market. Andreas Arnold/dpa | Picture Alliance | Getty Images German inflation fell more than expected to 1.8% in July, data from statistics agency Destatis showed Thursday. Economists polled by Reuters had anticipated inflation to dip to 1.9%. July’s reading compares to the 2% print recorded in June, […]
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Oil giant Shell posts profit beat, keeps share buyback pace steady at $3.5 billion
The brand logo of the mineral oil and natural gas company Shell plc can be seen at a filling station of the company in Nuremberg (Bavaria) on July 25, 2025. Picture Alliance | Picture Alliance | Getty Images Britain’s Shell on Thursday reported better-than-expected second-quarter profit and maintained the pace of its shareholder returns, despite […]
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Rolls-Royce shares soar 9% on bumper profit and sales
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Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Sina Schuldt/picture alliance via Getty Images) The euro zone economy eked out a better-than-expected 0.1% growth in the second quarter, compared to the previous three-month stretch, flash data from Eurostat showed Wednesday. Economists polled by Reuters had anticipated euro zone growth to flatline […]
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UBS posts better-than-expected quarterly profit
A logo of Swiss banking giant UBS in Zurich, on March 23, 2023. Fabrice Coffrini | Afp | Getty Images Swiss banking titan UBS on Wednesday beat expectations on the bottom line, as group invested assets soared on the back of increases in the lender’s global wealth management and corporate units. Net profitable attributable to […]
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HSBC announces $3 billion share buyback after second-quarter profit plunges 29%, missing expectations
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, according to the bank. The bank also announced a share buyback of $3 […]
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