Category: European

Inflation Jitters Take Toll on European Stocks Ahead of Earnings

October 12, 2021
Business & EconomyCompaniesearningsEconomieseconomyEuropeEuropeaninflationInvestmentMarket WatchMarketsstocksUKUSUS NewsWorld
0 Comment

European shares slipped on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer China Evergrande also hitting confidence. The pan-European STOXX 600 index was down 0.3 percent in morning trading, hovering about 5 percent below its August peak. Asian stocks also…

Read More

European Stocks Slip on Rate, Earnings Jitters

October 11, 2021
Business & EconomyCompaniesearningsEconomieseconomyEuropeEuropeanInvestmentMarketsslipstocksUKUSUS NewsWorld
0 Comment

European stocks kicked off the week slightly lower on Monday as nerves around inflation and the upcoming earnings season offset surging commodity prices that supported oil and mining shares. The pan-European STOXX 600 index slipped 0.4 percent in morning trading, with travel & leisure and real estate stocks the biggest decliners. “There is still real…

Read More

European Stocks Dip on Tech Losses, US Jobs Caution

October 8, 2021
Asia & PacificBusiness & EconomycautionCompaniesEconomieseconomyEuropeEuropeanInvestmentjobslossesMarketsMedia & Big TechstocksTechUKUSWorld
0 Comment

European stocks edged lower on Friday as declines in the technology sector more than offset gains in oil and auto shares, while investors remained cautious ahead of U.S. payrolls data. The pan-European STOXX 600 index slipped 0.3 percent, with tech stocks falling about 1 percent as rising bond yields dimmed the high-growth sector’s appeal. U.S….

Read More

European Shares Rally on Cooling Energy Prices, Construction Sector Gains

October 7, 2021
Business & EconomyChinaChina Business & EconomyCompaniescongressconstructioncoolingDemocratsEconomieseconomyenergyEuropeEuropeanInvestmentMarketsPoliticsRepublicansSharesUKUSUS NewsWorld
0 Comment

European stocks rallied on Thursday, as easing oil and gas prices offered relief to investors worried about runaway inflation, while positive earnings updates in the construction and materials sector added to the upbeat sentiment. The pan-European STOXX 600 index rose 1.0 percent to reverse weekly losses, with buying seen across sectors barring oil & gas….

Read More

European Stocks Skid on Inflation Angst as Oil Jumps

October 6, 2021
Business & EconomyCompaniesEconomiesEuropeEuropeaninflationInvestmentjumpsMarketsOilstocksWorld
0 Comment

Technology, travel and retail shares fuelled declines in European stocks on Wednesday as soaring oil and gas prices intensified concerns about higher inflation denting economic growth. After a late-session rally on Tuesday, the pan-European STOXX 600 index fell 1.7 percent, with travel & leisure and tech stocks tumbling more than 2 percent. Banks slipped 0.6…

Read More

European Politicians Call for Facebook Investigation After Whistleblower Revelation

October 4, 2021
Business & EconomyCompaniesEuropeEuropeanFacebookinvestigationMedia & Big TechpoliticiansrevelationUSUS NewswhistleblowerWorld
0 Comment

BRUSSELS/STOCKHOLM―Two members of the European parliament have called for an investigation into allegations by a whistleblower that Facebook prioritised profits above the public good. The whistleblower, Frances Haugen, who had worked as a product manager on the civic misinformation team at Facebook, shared internal documents with newspapers and attorneys general from several U.S. states. A…

Read More

Banks, Chipmakers Drag European Stocks Lower on Growth Worries

October 4, 2021
banksBusiness & EconomyChinaChina Business & EconomychipmakersCompaniesEconomiesEuropeEuropeangrowthMarketsstocksTechTech NewsUKWorldworries
0 Comment

European stocks struggled on Monday after their worst weekly showing since February, hit by a growing number of risks including signs of inflation, elevated bond yields, and developer China Evergrande’s financial troubles. The pan-European STOXX 600 index fell 0.5 percent, holding near a two-month low hit in last week’s selloff. Banks, chipmakers, and luxury stocks…

Read More

European Shares Rebound, but Set to End Volatile September With Losses

September 30, 2021
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompaniesEconomiesEuropeEuropeanInvestmentlossesMarketsseptemberSharesUKVolatileWorld
0 Comment

European stocks continued their rebound on Thursday from a bruising sell-off earlier this week, but were set for monthly declines on worries about a slowing global economy and higher inflation. The pan-regional STOXX 600 index rose 0.6 percent, led by technology stocks, which were at the centre of the market rout, while miners rose from…

Read More

European Shares Fall on Evergrande Fears but Hold Weekly Gains

September 24, 2021
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompaniesEconomieseconomyEuropeEuropeanevergrandeFallgainsInternationalInvestmentMarketsSharesUKUSweeklyWorld
0 Comment

LONDON/HONG KONG—European shares slipped on Friday but held their gains for the week as uncertainty around the fate of debt-ridden China Evergrande weighed on investor sentiment. The regionwide STOXX 600 index slipped 0.78 percent after a three-day run of gains. Britain’s FTSE 100 and Germany’s also weakened. Still, European shares look set to end the…

Read More

Oil, Banks Lift European Stocks on Recovery Bets

September 13, 2021
Business & EconomyCompaniesEconomiesEuropeEuropeanInternationalMarketsOilRecoverystocksWorld
0 Comment

European stocks rose on Monday, with oil, banks and utility shares driving gains as investors hoped that a strong euro zone economic recovery would outweigh risks from a global slowdown. The pan-European STOXX 600 index was up 0.4 percent after hitting a three-week low last week. Asian stocks, however, fell following news of fresh regulatory…

Read More