European Markets
LATEST NEWS FROM EUROPEAN MARKETS
European Markets
Zscaler sees annual revenue above estimates on strength in cybersecurity demand
Zscaler forecast annual revenue above Wall Street estimates on Tuesday, betting on robust demand for its cybersecurity services as businesses upscale infrastructure to accommodate ...
European Markets
Spain's government to assume up to $97 billion in regions' debt
The Spanish government announced plans on Tuesday to absorb as much as 83 billion euros ($97 billion) in debt held by regional administrations in a move aimed at freeing up more re...
European Markets
Central bank chief says the longer France waits to tackle debt, more painful it will be
The longer France puts off tackling its excessive budget deficit and debt, the more painful it will be to find a solution, central bank head Francois Villeroy de Galhau said on Tue...
European Markets
Russia has made substantial progress in fighting inflation, central bank official says
Russia has made substantial progress in fighting inflation, Alexei Zabotkin, deputy governor of the central bank, said on Tuesday, ahead of a rate-setting meeting scheduled for Sep...
European Markets
Spain's eDreams shares tumble after subscriber growth slows down
Shares of Spanish travel booking company eDreams ODIGEO fell more than 10% on Tuesday after the company announced slower subscriber growth in April-June compared with the previous ...
European Markets
Euro zone inflation edges up in August, pointing to steady ECB rates for now
Euro zone inflation edged up a touch in August, staying close to the ECB's 2% target and likely firming up market bets that interest rates will remain unchanged in the near term, e...
European Markets
STOXX 600 ends near one-month low as bond yields rise on fiscal woes
European shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew increasingly concerned over fiscal pressures i...
European Markets
Spain's August jobless rises 0.91% from July to 2.43 mln
The number of people registering as jobless in Spain rose 0.91% in August from a month earlier, or by 21,905, leaving a total of 2.43 million people out of work, data from the Labo...
European Markets
Italy close to exiting EU's excess deficit procedure, ECB's Lagarde says
Italy will soon leave the European Union's excessive deficit procedure as it is close to bringing its budget shortfall to 3% of gross domestic product (GDP), the president of the E...
European Markets
Irish inflation rose to 1.8% in August, flash estimate shows
Irish consumer prices rose 1.8% year-on-year in August from 1.6% a month earlier, the highest rate since April, a flash estimate of the Harmonised Index of Consumer Prices showed o...
European Markets
STOXX 600 ends higher on defence boost; Novo Nordisk jumps after Wegovy data
European shares finished marginally higher on Monday, supported by defence stocks, while Novo Nordisk gained after data showed its weight-loss drug Wegovy delivers stronger heart-p...
European Markets
CapVest to acquire majority stake in Stada, ending German firm's IPO plans
London-based buyout firm CapVest Partners is to acquire a majority stake in Stada Arzneimittel, the German generic drugmaker said on Monday, in what is set to be one of the biggest...
European Markets
Irish manufacturing growth slows in August as demand weakens, PMI shows
Growth in Ireland's manufacturing sector slowed in August as output and new business growth eased to their weakest rates in seven months, a survey showed on Monday.
European Markets
S&P upgrades Portugal's rating to 'A+' on economic resilience
Global ratings agency S&P upgraded Portugal's rating to "A+" from "A" on Friday, citing expectations of further external financial deleveraging as a key driver behind the upgrade.
European Markets
Financial services firm JTC rejects Permira's takeover proposals
London-listed financial services firm JTC said on Friday it had rejected two preliminary takeover proposals from British private equity firm Permira made in the past 10 days, witho...
European Markets
European shares slip ahead of crucial US, euro zone data
European shares edged lower on Friday as British bank stocks slid, while investors geared up for a slew of euro zone data and a key U.S. inflation report for cues on the potential ...
European Markets
Spain's 12-month EU-harmonised inflation remains at 2.7% in August
Spain's European Union-harmonised 12-month inflation rate remained at 2.7% in August, from the period through July, preliminary data from the National Statistics Institute (INE) sh...
European Markets
French economic growth confirmed at 0.3% in second quarter - INSEE
France's economy grew slightly in the second quarter, final data from statistics office INSEE showed on Friday, confirming the preliminary reading of 0.3% that showed the euro zone...
European Markets