London
British luxury icon Burberry dropped from UK’s FTSE 100 stock market index
LONDON, UNITED KINGDOM – 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 stock market index on Wednesday, as waning sales and […]
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Europe stocks close sharply lower as tech stocks lead losses; Dutch chip firm ASML falls 6%
LONDON — European stocks closed sharply lower on Wednesday, tracking losses on Wall Street and in Asia-Pacific markets. The pan-European Stoxx 600 index provisionally ended down 1%, with most sectors and major bourses in negative territory. Technology stocks dropped 3.2% to lead losses, while household goods fell 2%. The broad declines stateside prompted Asia-Pacific markets […]
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European markets close lower as sentiment turns wary; Stoxx 600 down 1%
Crowds of shoppers and visitors out on Oxford Street on 28th August 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — European stocks closed lower Tuesday, continuing a lackluster start to September trading. The pan-European Stoxx 600 index provisionally ended down 1%, with all major bourses and the majority […]
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This 29-year-old from one of London’s poorest neighborhoods became a millionaire after selling his influencer marketing firm
Timothy Armoo, co-founder and former CEO of Fanbytes. Timothy Armoo Timothy Armoo is a 29-year-old millionaire who became rich by selling his influencer marketing firm for eight-figures, but the young, Black entrepreneur had to beat the odds to find success. Armoo, the co-founder and former CEO of Fanbytes, hails from what was one of the […]
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Europe markets rise ahead of key inflation data
People cross a street in front the headquarters building of the European Central Bank (ECB) in Frankfurt am Main, western Germany, on June 5, 2024. Kirill Kudryavtsev | Afp | Getty Images LONDON — European markets were higher on Friday, the last trading day of August, as investors looked to key inflation data from across […]
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Copper prices near six-week high as one strategist says the ‘worst of the correction is over’
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Copper prices on Tuesday rose to an almost six-week high, supported by fresh investor demand and market optimism over the potential for imminent […]
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Europe markets to open higher as investors weigh geopolitical risks, UK markets reopen
The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images LONDON — European markets are set to open higher on Tuesday as investors weighed geopolitical risks and U.K. markets are due to reopen after being closed on Monday for a national bank […]
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European markets higher ahead of Powell speech; Nestle down 1.65%
LONDON — European stocks were higher Friday as investors looked ahead to U.S. Federal Reserve Chair Jerome Powell’s speech later in the session from Jackson Hole, Wyoming. The Stoxx 600 index was up 0.26% by 1:23 p.m. London time, with all major bourses and the majority of sectors trading in the green. Utilities stocks rose 0.81%, while tech […]
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European markets move higher as Fed minutes point to September cut
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. Mike Kemp | In Pictures | Getty Images LONDON — European stocks moved higher on Thursday as investors digested the […]
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Europe markets close higher with Fed in focus; UK net borrowing higher than expected
LONDON — European stock markets closed higher Wednesday, rebounding after snapping a long winning streak on Tuesday. The pan-European Stoxx 600 index provisionally closed 0.32% higher on Wednesday as nearly all sectors traded positive. Autos climbed 1.45% and mining stocks added 1.02%, while telecoms dipped 0.24%. The regional benchmark closed in the red on Tuesday, snapping a strong […]
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