European Markets
LATEST NEWS FROM EUROPEAN MARKETS
European Markets
Ashmore's management fees miss forecasts, shares slide
Emerging markets specialist investor Ashmore reported lower-than-expected fee revenue and a dip in profit in its annual results on Friday, provoking a 7% drop in its shares in earl...
European Markets
German industrial orders unexpectedly drop in July
German industrial orders unexpectedly fell in July due to a drop in large-scale orders, data showed on Friday.
European Markets
German budget committee approves investment-heavy 2025 budget
Germany's budget committee finalised the budget for 2025 with record investments to revive the economy and a strong commitment to defence spending, people familiar with the matter ...
European Markets
Levine Leichtman weighs selling stake in debt fund administrator GLAS, sources say
The owner of Global Loan Agency Services (GLAS) is exploring selling its stake in the debt administration services firm, three people familiar with the matter told Reuters, which w...
European Markets
Steady economic outlook brings end to ECB rate cuts, economists say: Reuters poll
The European Central Bank is done cutting interest rates as a steady economic outlook and near-target inflation put the central bank in a comfortable place, according to a majority...
European Markets
Greek PM to unveil tax breaks as popularity dips
Greek Prime Minister Kyriakos Mitsotakis will announce more than 1.5 billion euros in tax breaks and other handouts this weekend, officials said, as he seeks to halt a slide in pop...
European Markets
European shares flat as bond market worries subside, airline stocks slide
European shares steadied on Thursday as investors held back amid bond market jitters, while a weak forecast from British budget airline Jet2 dragged the travel and leisure sector.
European Markets
German economy seen growing only 0.1% this year, IfW says
Germany's economy is set to tread water this year despite firmer sentiment, with gross domestic product expected to edge up by 0.1% after two years of contraction, according to for...
European Markets
Irish corporate tax growth slows sharply after August dip
Growth in Irish corporate tax revenues slowed to a trickle in August after a sharp monthly dip that the finance ministry said was due to exceptionally strong returns a year ago dis...
European Markets
Italian sneaker brand Golden Goose's revenues up 13% in first half
Golden Goose reported a 13% increase in net revenues at a constant exchange rate in the first half of the year, to 342 million euros ($400 million), the Italian luxury sneaker make...
European Markets
Hungary vows to maintain market trust as deficit edges higher
A combination of anaemic European growth and pre-election government spending could push Hungary's budget deficit as high as 4.5% of GDP this year, the country's economy minister h...
European Markets
IMF mission starts work in Kyiv as Ukraine seeks funds for 2026
An International Monetary Fund mission started work in Ukraine on Wednesday as Kyiv seeks funds to cover a gaping hole in its wartime budget next year.
European Markets
Italy service sector growth slows in August, PMI shows
Italy's service sector expanded for a ninth month running in August but at the slowest pace since January, a survey showed on Wednesday, dampening hopes of recovery for the country...
European Markets
European shares edge higher as bond selloff stabilizes ahead of US data
European shares edged higher on Wednesday, recovering from steep falls in the previous session, as a selloff in longer-dated bonds appeared to stabilize, while investors awaited U....
European Markets
Spain's service sector grows at slower rate in August, PMI shows
Spain's service sector growth slowed down in August although it maintained a solid pace thanks to strong demand that allowed firms to raise prices, S&P Global reported on Wednesday...
European Markets
Italy's stocks rally but the market remains (very) cheap
Italian stocks continue to trade at a deep discount to global peers, even after surging this year, reflecting nagging concerns about fiscal credibility and weak long-term growth pr...
European Markets
UK's M&G misses half-year profit expectations despite record inflows
British insurer M&G missed market expectations for half-year adjusted operating profit on Wednesday due to some one-off charges, despite incurring record net inflows of 2.6 billion...
European Markets
French finance minister says deficit reduction plan less ambitious if government falls
French Finance Minister Eric Lombard said the government would have to compromise on plans to cut the budget deficit if Prime Minister Francois Bayrou is toppled in a confidence vo...
European Markets