Germany
European markets set to start the new trading week in mixed territory
European markets are expected to start the new trading week in mixed territory Monday, as jitters over the global economy persist. The U.K.’s FTSE 100 index is expected to open 22 points lower at 8,227, Germany’s DAX down 37 points at 20,182, France’s CAC down 11 points at 7,413 and Italy’s FTSE MIB down 143 points […]
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Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
The first Wayfair brick-and-mortar store in Wilmette, Illinois, prepares to open, May 2, 2024. Scott Olson | Getty Images Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth drivers such as physical retail, the […]
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European stocks head for positive open but concerns over inflation dominate market sentiment
China’s consumer inflation slows further in December, stoking deflation worries China’s consumer price inflation in December slipped to 0.1% year on year, data from the National Bureau of Statistics showed Thursday, stoking deflation concerns. Growth in headline inflation was in line with Reuters estimates, but less than the 0.2% rise in November. Core CPI, which excludes food and […]
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European markets expected to open broadly lower as traders assess the region’s economic outlook
European markets are expected to open broadly lower Wednesday as traders assessed the region’s economic outlook. The U.K.’s FTSE 100 index is expected to open 4 points lower at 8,242, Germany’s DAX down 40 points at 20,308, France’s CAC down 22 points at 7,477 and Italy’s FTSE MIB down 83 points at 34,922, according to data […]
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European markets head for lower open, with traders focused on euro zone inflation data
European markets are heading for a negative open on Tuesday as investors in the region focus on the latest euro zone inflation data. The U.K.’s FTSE 100 index is expected to open 40 points lower at 8,200, Germany’s DAX down 87 points at 20,123, France’s CAC down 33 points at 7,414 and Italy’s FTSE MIB down […]
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IT disruption causes delays at German airports, police say
Passengers stand in front of the display board in Terminal 1 at Frankfurt Airport. Picture Alliance | Picture Alliance | Getty Images German federal police are experiencing a countrywide IT systems outage at airports, a spokesperson said on Friday, forcing officers to manually process passengers arriving from outside Europe’s free-travel Schengen area. “There is currently a […]
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European stocks pull back; Turkish inflation falls by more than expected
European markets were lower on Friday after a rocky start to 2025 for stocks around the world. The pan-European Stoxx 600 was down 0.3% by 8:33 a.m. London time, with most sectors in negative territory. Auto and mining stocks led losses, down 1.22% and 1.04% respectively, while financial services stocks added 0.32%. France’s CAC 40 […]
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European stocks kick off 2025 on a positive note
European markets kicked off 2025 in positive territory on Thursday. The pan-European Stoxx 600 index was 0.27% higher by 8:05 a.m. London time. Regional bourses are all reopening after the New Year’s Day holiday, with markets that were open on New Year’s Eve closing higher. There are no major earnings or data releases Thursday. Asian […]
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Get your house in order, Europe — or face ‘ongoing decline,’ economists warn
German Chancellor Olaf Scholz welcomes French President Emmanuel Macron before a private dinner at the “Kochzimmer” restaurant in Potsdam outside Berlin, Germany, June 6, 2023. Michael Kappeler | Pool | via Reuters It’s been a topsy-turvy last year for the euro zone with its largest economies, Germany and France, seeing political and economic turbulence that […]
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European markets expected to see muted open ahead of the New Year holiday
European markets are expected to open flat to lower Tuesday ahead of the New Year holiday. London’s FTSE 100 index is expected to open 20 points lower at 8,100 and France’s CAC 40 is seen opening 5 points lower at 7,309. Both bourses will be closing early today. Markets in Germany and Italy are shut […]
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