STOXX 600
Swiss pharma Novartis announces $10 billion share buyback
Private equity firm EQT triples deal exits to 13 billion euros in 2025 Europe’s largest private equity EQT said it had divested 13 billion euros’ ($15.05 billion) worth of investments in the first half of the year — three times as much as in the same period of last year. The Sweden listed fund said […]
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CNBC Daily Open: U.S. producer prices are flat — but they don’t factor in imports
A worker arc welds a metal door at the Metal Manufacturing Co. facility in Sacramento, California, U.S., on Tuesday, May 27, 2025. David Paul Morris | Bloomberg | Getty Images No one likes being the person who goes “but actually…”. Sometimes, however, it is necessary. The U.S. producer price index in June was flat, meaning […]
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Market watchers warn Trump might not ‘chicken out’ of 30% tariffs on the EU
Global investors may be underestimating U.S. President Donald Trump’s commitment to follow through on his latest tariff threats, some market watchers have warned. In his latest trade policy update, Trump announced that he would be slapping 30% tariffs on goods imported to the U.S. from the European Union and Mexico from Aug. 1. European markets […]
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Guinness owner Diageo says CEO to step down, names interim successor
Diageo shares up 4% after firm announces departure of CEO Debra Crew Diageo shares were 4% higher at 12:53 p.m. in London (7:53 a.m. ET) after the Guinness and Johnnie Walker owner named Nik Jhangiani as interim chief executive officer. Debra Crew, who has served as CEO of the firm since June 2023, stepped down […]
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CNBC’s UK Exchange newsletter: Britain was once known as a ‘nation of shopkeepers.’ Now, not so much
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch England, Napoleon Bonaparte reputedly once said, is a nation of shopkeepers. These days, he might observe that it is more a nation of administrators, insolvency practitioners and restructuring advisors. Barely a day passes […]
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Ericsson CEO says AI regulation and investment in Europe are ‘concerning’
U.S. stocks open higher after Nvidia gains, CPI comes in as expected The S&P 500 gained 0.5% in early deals, while the tech-heavy Nasdaq Composite jumped 0.8%. Stocks were boosted by gains in chip giant Nvidia, which said it hopes to resume deliveries of its H20 GPU sales to China. Traders were also poring through the latest U.S. inflation data. […]
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CNBC Daily Open: Trump brandishes tariffs for peace, not a trade war
US President Donald Trump meets with NATO Secretary General Mark Rutte (L) in the Oval Office of the White House in Washington, DC on July 14, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s secretary general, Mark Rutte, U.S. […]
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European markets expected to head south after Trump slaps 30% tariff on EU
Here’s a quick dive on EU-US trade Cargo shipping containers wait to be loaded by cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025. Fabian Bimmer | Afp | Getty Images Following President Trump’s decision to impose 30% tariffs on imports from the EU […]
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Tariffs are hitting European firms hard. Here are the sectors to watch as earnings kick off
Key Points Second-quarter earnings are set to be reported against a background of macro-economic uncertainty governed by U.S. President Donald Trump’s trade tariffs. Energy, the cyclical consumer and the financial sector will be some of the most closely watched in European markets this reporting season. Earnings per share across Europe’s benchmark Stoxx 600 are expected […]
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European stocks open lower with EU tariff letter expected from White House
BP flags lower gas, oil sales and impairment of up to $1.5 billion A electric pylon passed behind the BP logo displayed outside a petrol station that also offers electric vehicle recharging in Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil major BP on […]
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