European Markets
LATEST NEWS FROM EUROPEAN MARKETS
European Markets
Sterling rises against weakening dollar as traders focus on Fed/Trump
Sterling edged up against a weakening dollar on Thursday as traders continued to worry about threats to the U.S. central bank's independence.
European Markets
Portuguese airline TAP's profit slides, hit by competition and bottlenecks
Portuguese airline TAP's second-quarter net profit fell 42.5% from a year ago, with costs increasing much more than revenues as it faced fierce competition in its main markets and ...
European Markets
TransUnion says 4.4 million consumers' data compromised in hack
Credit bureau TransUnion said Thursday that more than 4 million people's data was exposed in a recent hack involving an unidentified third party.
European Markets
Italy consumer sentiment worsens more than expected, business morale stable
Italian consumer morale fell by more than expected in August whereas businesses sentiment was stable, data showed on Thursday, in mixed signs for the euro zone's third-largest econ...
European Markets
For bruised bond markets, turbulence persists as debt sales ramp up again
Signals from the world’s biggest bond markets point to more volatility as Germany, Japan and the U.S. prepare to sell long-dated bonds in early September - adding pressure to an al...
European Markets
European shares rise as Pernod Ricard lifts spirits makers, Nvidia quells AI drag woes
European stocks climbed on Thursday, after Pernod Ricard's strong earnings lifted shares of French spirits makers, while Nvidia's strong results, quelling broader worries over cool...
European Markets
Lurpak maker Arla says softer consumer sentiment hits sales of core products
Dairy producer Arla's sales for the first half of the year rose by 13% though sales of its key products such as Lurpak butter and Castello cheese fell.
European Markets
Delivery Hero's Q2 growth overshadowed by lowered profit guidance
Delivery Hero's revenue for the second quarter came in slightly above expectations on Thursday, with the German online takeaway food company citing a stronger performance across se...
European Markets
Gold holds firm as soft US dollar, rate-cut bets lend support
Gold held firm near a more than two-week peak on Thursday, supported by a weaker dollar and U.S. interest rate cut prospects as market participants awaited U.S. inflation data due ...
European Markets
Delivery Hero updates full-year outlook to reflect exchange rate headwinds
German online takeaway food company Delivery Hero on Wednesday lowered its full-year adjusted earnings and free cash flow outlook to reflect foreign exchange rate headwinds.
European Markets
TechMet launches critical minerals trading unit after Mercuria ups investment
U.S. government-backed investment vehicle TechMet is launching a trading arm for critical minerals after further investment from commodity trading house Mercuria, it said on Wednes...
European Markets
Ukraine launches tender for lithium deposit site in Kirovohrad region, PM says
Ukraine has launched a tender for the right to mine a lithium deposit site in its central Kirovohrad region, Prime Minister Yulia Svyrydenko said on Wednesday.
European Markets
National Bank of Canada's quarterly profit misses estimates as trading slows
National Bank of Canada reported a quarterly profit on Wednesday that missed analysts' estimates, hurt by weakness in its capital markets segment as trading activity slowed amid lo...
European Markets
Toronto Stock Exchange closes at record high as bank earnings boost index
The Toronto Stock Exchange zoomed past its previous record on Wednesday with the main index closing at a new peak as profits and commentary from the country's biggest bank boosted ...
European Markets
Sterling retreats as dollar rebounds, traders digest British PPI
Sterling slipped on Wednesday as the U.S. dollar firmed against major currencies, recouping losses spurred by investor worries over independence of the U.S. Federal Reserve while t...
European Markets
German labour costs higher than in other industrialised countries, study shows
Unit labour costs in German industry were 22% higher last year than the average of 27 industrialized countries examined by the Germany Economic Institute IW in a report seen by Reu...
European Markets
European shares rise after selloff as focus shifts to Nvidia results
European shares edged higher on Wednesday, recovering from their largest drop in nearly a month, as investors bought the dip, keeping an eye on political risks in France and awaiti...
European Markets
Frankfurt and Zurich poised to eclipse London in expected IPO flurry
Frankfurt and Zurich are poised to lead a European revival of stock market listings over the coming weeks, outpacing London, equity capital markets advisers say.
European Markets