Breaking News: Europe
Luxury carmaker Ferrari beats third-quarter profit expectations as revenues jump
Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File Photo Remo Casilli | Reuters Luxury carmaker Ferrari on Tuesday reported stronger-than-expected third-quarter profit, with net revenues jumping more than 7% compared to the same period last year. The Maranello, Italy-based sports car manufacturer posted […]
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BP beats third-quarter profit expectations on higher oil and gas production
The BP logo is displayed on a petrol tanker delivering fuel at a petrol station in Shepton Mallet on October 20, 2025 in Somerset, England. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected third-quarter profit as higher crude and gas production outweighed a weak oil trading […]
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European Central Bank holds rates steady as economy shows resilience
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday. The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was […]
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Rare earth stocks rally as China delays export controls after Trump-Xi meeting
U.S. President Donald Trump speaks to members of the media aboard Air Force One on October 30, 2025 in flight. Andrew Harnik | Getty Images News | Getty Images Shares of U.S.-listed rare earth miners rallied on Thursday after China agreed to delay the introduction of further export controls as part of an agreement reached […]
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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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