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European markets trade higher as traders assess simmering geopolitical tensions
Treasury yields rise as investors weigh geopolitical tensions, economic data U.S. Treasury yields were higher on Wednesday as investors considered the geopolitical situation and assessed the latest economic data. At 2:58 a.m. ET, the yield on the 10-year Treasury was up by over four basis points to 4.4178%. The 2-year Treasury yield was last trading at 4.2932% after rising […]
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European markets head for higher open as traders focus on data, earnings
Thyssenkrupp books $1 billion impairment on struggling steel unit A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Germany’s Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the […]
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Smart ring leader Oura plans international push as CEO touts new features and thinking on hardware
The Oura Ring 4 Courtesy: Oura LISBON — Samsung’s foray into smart rings isn’t concerning the boss of the product category’s pioneer, Oura — in fact, Tom Hale says he’s seeing a boost in business. “I’m sure that a major tech company making an announcement saying: ‘Hey, this is a category that matters. It’s going to be […]
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European markets head for mixed open as traders assess Fed’s rate cut path after downbeat inflation data
European markets were heading for a mixed open on Thursday as traders assessed the global inflation outlook and the possible trajectory of central bank rate cuts. The U.K.’s FTSE 100 index is expected to open 24 points higher at 8,041, Germany’s DAX 1 point higher at 18,975, France’s CAC up 12 points at 7,223 and Italy’s […]
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Europe markets decline with U.S. inflation data in focus; Just Eat Takeaway, Siemens Energy soar
European stocks traded slightly lower Wednesday, with global markets focused on upcoming U.S. inflation data. The pan-European Stoxx 600 index was down 0.1% in early deals, with the majority of sectors in negative territory. Shares of Just Eat Takeaway stock soared 20% shortly after the open Wednesday after the company said it had struck a deal to […]
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Europe markets rally to start the week on a positive note; auto supplier Continental up 7%
There are no winners if Trump imposes universal tariffs, Citi strategist says President-elect Donald Trump speaks during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, on Nov. 6, 2024. Jim Watson | AFP | Getty Images Donald Trump’s pledge to impose universal tariffs on all imports into […]
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European stocks head for lower open as global markets focus on U.S. vote count
Novo Nordisk quarterly profit meets expectations Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance. The Danish pharmaceutical giant said that its […]
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Record numbers of wealthy Americans are making plans to leave the U.S. after the election
Ferragudo, Portugal. Gonzalo Azumendi | Stone | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A growing number of wealthy Americans are making plans to leave the country in […]
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China tells carmakers to pause investment in EU countries backing EV tariffs, Reuters reports
Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. Nick Carey | Reuters China has told its automakers to halt big investment in European countries that support extra tariffs on […]
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European markets set for lackluster open as traders continue to focus on earnings
Novartis sales rise 10% in third quarter, raises guidance Signage for Novartis AG at a building in the company’s headquarters campus in Basel, Switzerland, on Monday, Jan. 8, 2023. Bloomberg | Bloomberg | Getty Images Novartis reported 10% sales growth and 20% core operating income growth in its third-quarter results Tuesday, prompting the Swiss pharmaceutical […]
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