DAX
Germany’s fiscal U-turn could be a ‘game changer’ for the country’s sluggish economy, analysts say
Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken, Party Chairwoman of the SPD, hold […]
Read More
Europe stocks open higher; German borrowing costs soar as Merz plans debt rule overhaul
European stocks opened higher Wednesday amid optimism that U.S. President Donald Trump’s 25% duties on Canada and Mexico could be relaxed, with investors also paying close attention to the potential reform of Germany’s contentious debt brake system. The Stoxx 600 index was 1.05% higher shortly after the open, following the broad downturn in global equities on […]
Read More
European markets poised to open lower as U.S. tariff threat weighs on sentiment
European markets are expected to open in negative territory on Friday, after U.S. President Donald Trump threatened once again to slap tariffs on the EU and followed through with new levies on Canada and Mexico. London’s FTSE 100 is expected to open 0.6% lower, according to IG, while the German DAX index is slated […]
Read More
German stocks lift European markets higher; Wienerberger jumps 12%
U.S. stocks open higher Wednesday U.S. stocks kicked off Wednesday’s trading session in the green. The S&P 500 added 0.2%, and the Nasdaq Composite gained 0.3%. Meanwhile, the Dow Jones Industrial Average flickered near the flatline. — Hakyung Kim Wolters Kluwer shares slide 10%; CEO announces retirement after 22 years Wolters Kluwer shares tumbled on […]
Read More
Markets relieved by German election result, but key industries remain mired in uncertainty
Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. Germany Finance Minister Christian Lindner, leader of the free market-leaning FDP, issued a position paper on Friday calling for tax cuts and a slower approach to emissions reductions. Bloomberg | Bloomberg | Getty Images Germany’s election result delivered a […]
Read More
Germany’s conservatives declare victory in Berlin. Now the hard work begins
Supporters hold up signs reading “Chancellor” and “Merz” during the final campaign event of Germany’s Christian Democratic Union party in Munich, on Feb. 22, 2025. Alexandra Beier | Afp | Getty Images The conservative alliance made up by the Christian Democratic Union (CDU) and its sister party the Christian Social Union (CSU) is set to […]
Read More
Europe stocks set for muted open after Thursday’s sell-off on Wall Street
Standard Chartered beats market expectations Standard Chartered has beaten market forecasts with its latest results, as the bank made $1.6 billion for the fourth quarter before setting aside money for bad loans. The bank did particularly well in its wealth management arm, according to Jefferies analysts, where income rose by more than a third compared […]
Read More
Schneider Electric shares pop 6% as record profit beats expectations; Europe stocks mixed
Renault reports record operating profit and revenue beat French automaker Renault on Thursday posted its highest-ever annual operating profit while revenues came in well above expectations, as the company said its “unprecedented” flurry of product launches had boosted performance. Group revenue increased 7.4% year on year to 56.2 billion euros ($58.6 billion), ahead of the […]
Read More
Philips tumbles 7% after sales miss expectations; Europe stocks open mixed
BAE Systems says order backlog at record high as revenue rises 14% Britain’s largest defense firm BAE Systems said on Wednesday that its order backlog rose 11% to a record high at the end of 2024, as it reported a 14% increase in annual revenue for 2024. Operating profit rose 4% to £2.69 billion ($3.39 […]
Read More
European markets rise as defense stocks continue rally
UK unemployment steady at 4.4% in final quarter of 2024 Advert on back of bus for staff vacancies in Ipswich, England. Geography Photos | Universal Images Group | Getty Images The U.K.’s unemployment held steady at 4.4% in the three months to December, data from the country’s Office for National Statistics showed on Tuesday. The […]
Read More