France
French fintech Pennylane doubles valuation to $2.2 billion as Alphabet’s venture capital arm takes stake
Seksan Mongkhonkhamsao | Moment | Getty Images French accounting software firm Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) in a new 75 million euro funding round. Pennylane told CNBC that it raised the fresh funds from a host of venture funds, with Sequoia Capital leading the round and Alphabet’s CapitalG, Meritech […]
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Europe stocks head for further declines after worst session in eight months as tariff turmoil continues
European stock markets were heading for a lower open on Friday, with investors still reeling from the scale of U.S. tariffs announced this week. The regional Stoxx 600 index closed 2.57% lower on Thursday, as the world digested the steep duties slapped by U.S. President Donald Trump on more than 180 countries, bringing fears of […]
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European markets retreat on U.S. tariff news; trade bellwether Maersk down 8%: Live updates
Europe stocks open lower Europe’s Stoxx 600 index was 1.6% lower shortly after the market open early on Thursday, as traders assessed the scope and impact of U.S. tariffs. Banks on the index were down 3.2% at 8:10 a.m. U.K. time, while technology stocks fell 2.6%. A range of European firms expected to be hit […]
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French politics to get ‘even messier’ as far-right figurehead Le Pen rails against ban, analysts warn
President of the far-right Rassemblement National (RN) parliamentary group Marine Le Pen is seen on monitors during a televised interview broadcasted on the evening news of French TV channel TF1, in Paris, on March 31, 2025. Julien De Rosa | Afp | Getty Images Paris has been plunged into more political turmoil after far-right firebrand […]
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French far-right leader Marine Le Pen found guilty in embezzlement trial: Media
Marine Le Pen, member of parliament and French far-right National Rally (Rassemblement National – RN) party leader, arrives at the RN party headquarters in Paris, France, July 1, 2024. Benoit Tessier | Reuters The leader of France’s far-right National Assembly Marine Le Pen on Monday was found guilty of misappropriating EU funds, according to Reuters […]
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European markets fall 1% as traders await Trump tariffs; Auto stocks sell off
European markets opened sharply lower on Monday as global investors braced for U.S. President Donald Trump’s trade tariffs to come into force. The regional Stoxx 600 index was 1% lower shortly after the opening bell, with all sectors and major bourses firmly in negative territory. Germany’s DAX index led losses, shedding 1.2% during early trade. […]
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Europe stocks fall as escalating trade war weighs on markets
European stock markets opened lower on Friday as global markets braced for U.S. President Donald Trump’s tariffs on automakers set to take effect on April 2. The pan-European Stoxx 600 was 0.13% lower shortly after the opening bell. The U.K.’s FTSE 100 was marginally higher, while France’s CAC 40 was down 0.4%. The German Dax […]
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European auto shares fall after fresh Trump tariffs; Jeep-maker Stellantis down 5.2%: Live updates
H&M posts weaker-than-expected first-quarter sales in slow start to the year H&M on Thursday posted weaker than expected first-quarter sales in a slow start to the year for the world’s second-largest clothing retailer. Sales at the Swedish fashion giant rose 2% in local currencies to 55.33 billion Swedish krona ($5.5 billion) in the three-month period, slightly […]
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European markets head for broadly higher open; UK inflation and economy in focus
European stocks are expected to open in broadly higher territory Wednesday ahead of a U.K.-focused day for markets. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,673, Germany’s DAX up 38 points at 23,142, France’s CAC 6 points higher at 8,108 and Italy’s FTSE MIB 87 points higher at 38,769, according […]
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European markets open higher amid tariff uncertainty; Shell up 2% as it plans to bolster shareholder returns
European markets opened higher on Tuesday as uncertainty remained over the scope and breadth of U.S. President Donald Trump’s trade tariffs. The pan-European Stoxx 600 index opened 0.3% higher, while London’s FTSE 100 was up around 0.33%, and France’s CAC 40 was 0.5% higher. Earnings come from Kingfisher and Smiths Group. On the data front, […]
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