STOXX 600
Grubhub-owner Just Eat Takeaway to deliver sex toys in partnership with adult retailer Lovehoney
A Just Eat sign displayed at the front of a pizza takeaway shop on May 19, 2020 in Fleet, England. Alex Burstow | Getty Images Grubhub-owner Just Eat Takeaway.com said Thursday it had partnered with sex toy retailer Lovehoney Group, in an unexpected expansion into the so-called sexual wellness sector. The Anglo-Dutch online takeaway delivery […]
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Grubhub-owner Just Eat Takeaway to deliver sex toys in partnership with adult retailer Lovehoney
A Just Eat sign displayed at the front of a pizza takeaway shop on May 19, 2020 in Fleet, England. Alex Burstow | Getty Images Grubhub-owner Just Eat Takeaway.com said Thursday it had partnered with sex toy retailer Lovehoney Group, in an unexpected expansion into the so-called sexual wellness sector. The Anglo-Dutch online takeaway delivery […]
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Luxury stocks slip as fears grow of a prolonged downturn
An advertisement for Hugo Boss AG in Shanghai, China, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images LONDON — European luxury stocks tumbled Monday as analysts warned of a deteriorating demand outlook, particularly among high-spending Chinese consumers. Germany’s Hugo Boss was among the worst performers on the Stoxx 600 index by midday, […]
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European markets flat as French and German PMIs point to renewed downturn
Customers sit outside at a cafe terrace in Paris, France, on Nov. 10, 2021. Bloomberg | Bloomberg | Getty Images LONDON — European stocks were flat in early trade Monday morning as German and French business activity data pointed to renewed declines in the region’s two largest economies. The pan-European Stoxx 600 index opened modestly […]
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Bank of England presses pause on rate cuts, highlights ‘gradual approach’
Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank’s Monetary Policy Committee’s interest rate decision is scheduled for release on Sept. 19. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England on Thursday said it would hold interest […]
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European stocks end week down 2.5%, worst since early August slump
LONDON — European stocks closed lower Friday afternoon, paring earlier gains after a weaker than expected U.S. jobs report clouded global sentiment. The pan-European Stoxx 600 closed down 1.15%, with all major bourses and almost all sectors ending in the red. Tech and mining stocks saw the biggest losses, shedding 2.39% and 2.41%, respectively. Health […]
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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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The peak interest rate era is over. Here’s what investors are watching
A trader works on the floor of the New York Stock Exchange on Aug. 23, 2024. Bloomberg | Bloomberg | Getty Images Central banks around the world are set to kick off or continue interest rate cuts this fall, bringing an end to an era of historically high borrowing costs. In September, the U.S. Federal […]
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‘Reacceleration ahead’: Bank of America names global tech stocks to buy — predicting growth in the second half
Bank of America analysts painted an optimistic picture for a handful of European technology stocks, forecasting an acceleration in growth during the latter half of this year. Despite a challenging earnings season and mixed results in the second quarter — which contributed to the 10% fall in European technology stocks since mid-July — the bank […]
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