The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense…
Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg | Bloomberg | Getty Images British government bond yields rose sharply on Friday following reports Finance Minister Rachel Reeves is no longer planning to raise income tax rates in the Autumn Budget later this month. The yield…
European stocks were slightly lower on Monday morning, as investors closely monitored U.S. President Donald Trump‘s visa crackdown. The pan-European Stoxx 600 index traded 0.2% lower shortly after the opening bell, with most sectors and major bourses in negative territory. Auto stocks notched some of the biggest losses in early deals. The Stoxx Europe Automobiles…
European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…
European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value…
European stock markets opened sharply lower on Tuesday, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals after the country’s three main opposition parties said they would not back a confidence vote called by…
Hannover Re shares fall as LA wildfires eat into first-half earnings The Palisades Fire during a windstorm on the west side of Los Angeles, California, U.S., on Jan. 7, 2025. Ringo Chiu | Reuters Shares of Hannover Re were 2% lower by 8:48 a.m. London time (3:48 a.m. ET), making it one of the worst…
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following pivotal…
Here are the opening calls The Millennium Bridge in London, on July 4, 2025. Jonathan Brady – Pa Images | Pa Images | Getty Images Good morning from London, and welcome to CNBC’s live blog covering all the action and business news in European financial markets on Thursday. Futures data from IG suggest a positive…
Vehicles are assembled on a line at the BMW plant in Leipzig. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s top carmakers rose on Wednesday after the U.S. and Japan’s blockbuster trade agreement raised hopes of a tariff breakthrough for other major exporters. In a post on social media platform Truth Social,…