Italy
Baby boomers and first-time travelers are shunning Europe’s summer hotspots in favor of ‘coolcations’
Baby boomers and first-time travelers appear to be driving a so-called “coolcations” trend, shunning Europe’s peak summer hotspots in favor of cooler climes — such as the Nordic and Baltic countries. Extreme summer heat, combined with cost and overcrowding concerns, are affecting where people choose to go on vacation. For some, the appeal of booking […]
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Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says
Key Points Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer. Analysts have been divided over the benefits of the deal, with some warning that there are limited synergies in combining two different banks. Acquiring […]
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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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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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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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European markets set to start the new trading week in positive territory
European markets are expected to start the new trading week in positive territory Monday. The U.K.’s FTSE 100 index is expected to open 14 points higher at 8,667, Germany’s DAX up 83 points at 22,966, France’s CAC 9 points higher at 8,057 and Italy’s FTSE MIB 171 points higher at 38,391, according to data from IG. […]
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European markets head for higher open ahead of German debt reform vote
European markets are heading for a higher open, with investor focus on the German government as it votes on historic debt reforms on Tuesday. The U.K.’s FTSE 100 index is expected to open 18 points higher at 8,696, Germany’s DAX up 90 points at 23,207, France’s CAC 21 points higher at 8,091 and Italy’s FTSE MIB […]
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