FTSE MIB

European markets higher despite global trade uncertainty
World

European markets higher despite global trade uncertainty

Deutsche Bank names autos as ‘growing risk’ for its portfolio Deutsche Bank flagged autos as a “growing risk” for its portfolio that is being “monitored closely given the challenging economic environment in Europe, Electric Vehicles (EV) transition and competition in China,” Germany’s largest lender said in its annual report out Thursday. Europe’s auto sector now […]

Read More
European markets open lower; Novo Nordisk, Novartis retreat
World

European markets open lower; Novo Nordisk, Novartis retreat

European markets opened lower on Tuesday as global markets buckle amid anxiety that the U.S. economy will suffer because of President Donald Trump’s trade tariff policies. The pan-European Stoxx 600 index was around 0.2% lower shortly after the opening bell, with the U.K.’s FTSE 100 down 0.2%, while France’s CAC 40 was up 0.3%, and […]

Read More
European markets fall as traders digest latest Trump tariff reprieve; Luxury stocks decline
World

European markets fall as traders digest latest Trump tariff reprieve; Luxury stocks decline

European markets were broadly lower Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate cut from the European Central Bank, German fiscal reforms and a regional defense spending boost. The regional Stoxx 600 index was down 0.65% at 10:20 a.m. U.K. time, with retail and household goods stocks […]

Read More
Air France-KLM pops 16% after profit beat; Europe markets open higher ahead of ECB meeting
World

Air France-KLM pops 16% after profit beat; Europe markets open higher ahead of ECB meeting

European markets opened higher on Thursday as investors look ahead to the latest monetary policy decision of the European Central Bank. Source

Read More
Europe stocks open higher; German borrowing costs soar as Merz plans debt rule overhaul
World

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
German stocks lift European markets higher; Wienerberger jumps 12%
World

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
Europe stocks set for muted open after Thursday’s sell-off on Wall Street
World

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
World

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
World

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
World

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