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European markets edge lower as corporate earnings remain in focus; Novo Nordisk jumps 4%
German factory orders jumped more than expected in March ERGOLDING, GERMANY – OCTOBER 25: An employee during the final check while Bavarian Minister of State Florian Herrmann attends the opening of the new electric car motor housing production line at the BMW Landshut factory on October 25, 2024 in Ergolding, Germany. Analysts are predicting a […]
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European markets mixed, Erste Group Bank rises 7% after acquiring stake in Santander’s Polish unit
On the trading floor of the Frankfurt Stock Exchange, traders watch their monitors in front of the display board showing the Dax curve on April 9, 2025. Arne Dedert | Picture Alliance | Getty Images European bourses had a mixed start to the week on Monday, with U.K. markets closed for a bank holiday, as […]
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European stocks open higher on China-U.S. optimism
European stocks opened higher on Friday, as investors assessed a signal that China is seeking trade negotiations will the U.S. The Stoxx 600 index jumped 0.88% in early deals, led by mining stocks, up 2.5%, while banks climbed 1.7%. Most markets were closed on Thursday for the May 1 holiday. London’s FTSE 100 ended a choppy […]
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Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]
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Europe stocks open higher; Volvo Cars sheds 10%, Porsche falls 7% after earnings
AstraZeneca shares fall despite earnings growth AstraZeneca’s production plant in Snackviken, Sweden. Roland Magnusson | iStock Editorial | Getty Images British pharmaceutical giant AstraZeneca was 4% lower shortly after the opening bell, after the company posted its first-quarter earnings update. On Tuesday morning, AstraZeneca reported a 10% year-on-year rise in total revenue, which hit $13.59 […]
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Europe markets set to open higher; Italy’s Mediobanca makes $7.2 billion bid for Banca Generali
Mediobanca puts in $7.2 billion takeover offer for Banca Generali The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025. Bloomberg | Bloomberg | Getty Images Italian lender Mediobanca on Monday made a public 6.3 billion euro ($7.17 billion) offer to buy domestic peer Banca Generali as it seeks […]
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European markets open lower as global trade concerns mount
European markets returned from the long Easter weekend on a negative note, amid continuing jitters around the U.S. economy and global trade. The pan-European Stoxx 600 index was 0.5% lower by 8:27 a.m. in London, with most sectors and all major bourses in negative territory. Tech stocks led regional losses, with the Stoxx Europe Technology […]
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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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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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