European Markets
LATEST NEWS FROM EUROPEAN MARKETS
European Markets
VW shareholder Porsche SE eyes higher defence exposure as auto sector flails
Volkswagen's largest shareholder, holding firm Porsche SE , said on Wednesday that it planned to deepen its involvement in the defence sector, while reaffirming its core focus on c...
European Markets
Renk's revenue rises more than expected in Q2
German tank gearbox maker Renk reported better than expected second-quarter revenue on Wednesday as European countries kept their defence investments steady.
European Markets
TUI raises profit guidance on record hotel, cruise demand
European travel group TUI raised its annual earnings guidance on Tuesday, based on strong results for the first nine months of its financial year and positive signs for July.
European Markets
European Q2 corporate profit outlook improves further
The outlook for European corporate health has considerably improved, the latest earnings forecasts showed on Tuesday, showing a continued rise after the extension of the U.S.-China...
European Markets
Russian diamond maker Alrosa flags high rates, inflation pressure as revenue falls
Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on deman...
European Markets
Romanian central bank expects inflation surge and will keep rates on hold, governor says
Romania's central bank nearly doubled its annual inflation forecast for this year on Tuesday, but it expects a return to target in 2026 and will keep interest rates steady for now,...
European Markets
Sneaker brand On raises sales forecast as promotions drive demand
On Holding raised its annual sales forecast on Tuesday as its focus on brand promotion drove demand for its athletic-focused apparel and footwear, sending its shares up about 9%.
European Markets
UK manufacturing firm Spirax jumps on forecast of faster second-half sales growth
Shares of Spirax rose more than 15% on Tuesday after the British manufacturing group forecast organic sales growth accelerating in the second half of the year, thanks to a strong o...
European Markets
UK's Bellway expects to build more homes as profitability picks up
Britain's Bellway expects to build more homes in its new financial year after higher completions and average selling prices helped to boost profit margins in the year ended July 31...
European Markets
Japan's Nikkei races to record high, SoftBank leads tech surge
Japan's Nikkei share gauge powered to an all-time high on Tuesday, driven by sharp gains for tech companies and renewed optimism over trade with the United States.
European Markets
Japan's July aluminium stocks down 0.4% m/m, Marubeni says
Aluminium stocks at three major Japanese ports fell to 315,400 metric tons at the end of July, down 0.4% from the previous month, Marubeni Corp said on Tuesday.
European Markets
Online trading platform Plus500's lack of forecast upgrade weighs on shares
Online trading platform Plus500's lack of an annual forecast upgrade and weak half-year profit margins weighed on its shares on Monday, sending them down over 6%.
European Markets
NN Group to consider further return of capital at end of year
Dutch insurer and asset manager NN Group on Friday reported first half earnings which beat market expectations and said it would consider returning further excess capital to shareh...
European Markets
European shares post biggest weekly gain in 12 powered by financials
European shares posted their biggest weekly gain in twelve weeks on Friday, as banking stocks continued to drive the benchmark index upwards, while investors watched for signs of a...
European Markets
Broadcaster RTL bets on streaming shift as M&A activity picks up in Europe
European broadcaster RTL Group plans to speed up its business transformation, betting on the planned Sky Deutschland acquisition to drive streaming growth and offset declines in TV...
European Markets
Take-Two lifts annual bookings forecast on 'Mafia', 'Borderlands' launches
Take-Two Interactive raised its annual bookings forecast on Thursday, betting on strong demand for its new "Mafia" and "Borderlands" titles, sending its shares up 5% in extended tr...
European Markets
Instacart forecasts strong quarter on demand for cheaper grocery deliveries
Instacart forecast third-quarter gross transaction value above Wall Street estimates on Thursday, betting on resilient demand amid efforts to offer cheaper groceries through its pl...
European Markets
Russia's seven-month budget deficit exceeds annual target
Russia's seven-month budget deficit exceeded the target for the entire year by a quarter, Finance Ministry data showed on Thursday, highlighting the strain of financing the war in ...
European Markets