European Markets
LATEST NEWS FROM EUROPEAN MARKETS
European Markets
Brembo, SGL joint venture boosts brake disc output in Italy, Germany
Brembo SGL Carbon Ceramic Brakes (BSCCB) has completed a 50% production capacity expansion at its plants in Italy and Germany to meet growing demand for its high-performance brake ...
European Markets
European shares dip as banks and insurers pull back ahead of Fed decision
European shares slipped on Tuesday, led by rate-sensitive banks and insurers, as investors grew cautious ahead of the U.S. Federal Reserve's highly anticipated monetary policy verd...
European Markets
Kazakh miner Solidcore expects gold rally to offset output decline
Kazakh gold miner Solidcore Resources expects high gold prices and stock sales to offset most of a production decline caused by sanctions-related disruptions to concentrate shipmen...
European Markets
ECB should not alter policy on small deviations from inflation target, Kazimir says
The European Central Bank should not adjust policy in the case of small deviations from its inflation target and should instead focus on the big picture, ECB policymaker Peter Kazi...
European Markets
Financials lift European shares to 3-week high; Rubis advances
European shares touched a three-week high on Monday, lifted by financials ahead of a pivotal week of central bank meetings, including the U.S. Federal Reserve's, while Rubis advanc...
European Markets
UK's AO World boosts profit outlook and unveils share buyback, shares soar
British electronics retailer AO World laid out plans for its first-ever share buyback and raised the lower end of its annual adjusted pre-tax profit forecast on Monday, with the an...
European Markets
German cabinet agrees draft law to improve startups' finance conditions
Germany's cabinet on Wednesday agreed a draft law to strengthen Germany as a business location by improving finance conditions for small businesses and startups, said a government ...
European Markets
Swedish government announces $747 mln package for businesses in election year 2026
Sweden's government will cut taxes on small businesses as part of a 7 billion crown ($747 million) package in the 2026 budget to help boost jobs and growth, Deputy Prime Minister E...
European Markets
Italy industry output unexpectedly rises in July in renewed sign of recovery
Italian industrial output rose by 0.4% in July from the previous month, data showed on Wednesday, in a further sign of recovery for the long-struggling manufacturing sector.
European Markets
European shares rise, led by Zara owner Inditex, Novo Nordisk
European shares climbed on Wednesday after Spanish fast-fashion giant Inditex said sales were picking up and Wegovy-maker Novo Nordisk said its plans to cut jobs and make other cha...
European Markets
French central bank sees 0.3% third-quarter growth
France's economy is set to maintain steady growth in the third quarter despite the re-emergence of political uncertainty, thanks to solid manufacturing activity, the central bank f...
European Markets
TSX hits another record high after blockbuster mining sector deal
Canada's commodity-heavy main stock index edged up to a record high on Tuesday as energy stocks climbed and Teck Resources Ltd agreed to merge with London-listed miner Anglo Americ...
European Markets
Russia will borrow more than planned in 2025, finance minister says
Russia will borrow more than planned this year to cover the rising budget deficit, Finance Minister Anton Siluanov was quoted as saying on Tuesday, though high interest rates, a st...
European Markets
European shares rise as M&A optimism offsets France turmoil
European shares edged up to a one-week high on Tuesday, as optimism from a wave of merger deals partly offset political uncertainty in France after Prime Minister Francois Bayrou w...
European Markets
Switzerland's SIX to delist shares in solar panel maker Meyer Burger
Switzerland's stock exchange operator SIX will delist all registered shares in Meyer Burger after the solar panel maker looks set to miss a deadline to submit its 2024 annual repor...
European Markets
Marshall Wace posts positive performance in two funds, says source
British hedge fund Marshall Wace posted positive returns in two of its funds in August, a source close to the matter told Reuters on Monday.
European Markets
US equity funds draw largest weekly inflow in three weeks
U.S. equity funds attracted the largest net investment in three weeks in the week through September 3 driven by expectations for a potential Federal Reserve rate cut this month.
European Markets
Dutch postal operator PostNL loses second bid for state support
Dutch postal operator PostNL on Friday lost its second bid this year for financial support from the Dutch government after a tribunal again rejected the request, saying the state w...
European Markets