Renault reports record operating profit and revenue beat French automaker Renault on Thursday posted its highest-ever annual operating profit while revenues came in well above expectations, as the company said its “unprecedented” flurry of product launches had boosted performance. Group revenue increased 7.4% year on year to 56.2 billion euros ($58.6 billion), ahead of the…
European markets are expected to open broadly higher Tuesday as traders keep an eye on geopolitical tensions in the region. The U.K.’s FTSE 100 index is expected to open 3 points higher at 8,768, Germany’s DAX up 64 points at 22,857, France’s CAC flat, down 1 point at 8,194 and Italy’s FTSE MIB 185 points higher…
Europe stocks close higher European stock markets regained positive momentum on Monday, with the Stoxx 600 index closing up 0.59% at an all-time high of 555.65. Germany’s DAX led major bourses with a 1.26% gain, while France’s CAC 40 and the U.K.’s FTSE 100 were 0.13% and 0.41% higher respectively. Stock Chart IconStock chart icon…
Volodymyr Zelenskyy, Ukraine’s president, during the Munich Security Conference in Munich, Germany, on Friday, Feb. 14, 2025. Bloomberg | Bloomberg | Getty Images Ukrainian President Volodymyr Zelenskyy called for the creation of a European army to boost the continent’s defenses as he warned that Russia was “not preparing for dialogue” to advance possible credible peace…
European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose…
European markets are heading for a positive open Wednesday as global markets await the latest inflation reading out of the U.S. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,785, Germany’s DAX up 75 points at 22,104, France’s CAC up 12 points at 8,042 and Italy’s FTSE MIB 102 points higher…
Santander posts record earnings, launches 10 billion euro share buyback A Santander office building in London. Luke MacGregor | Bloomberg via Getty Images Spanish lender Santander posted a 14% year-on-year increase in annual profit on Wednesday, with its full-year profit reaching 12.6 billion euros ($13.1 billion) in 2024. Full-year revenues in constant currency rose 10% from…
European markets are expected to open sharply lower Monday after U.S. President Donald Trump imposed trade tariffs on several countries and threatened to do the same with the European Union and U.K. The U.K.’s FTSE 100 index is expected to open 116 points lower at 8,563, Germany’s DAX down 498 points at 21,217, France’s CAC down…
Grainger CEO says company performance should ‘return’ with high occupancy and good rental growth Helen Gordon, the CEO of the U.K.’s largest residential landlord Grainger, said the company’s performance should rebound with high occupancy and good rental growth over the next year, in an interview with CNBC host Sylvia Amaro on “Street Signs Europe.” Gordon…
European equity markets opened higher on Friday to cap a positive week for stocks. The U.K.’s FTSE 100 and Germany’s DAX opened higher by 0.2%, and France’s CAC 40 gained 0.7% in early trade. Meanwhile, the pan-European Stoxx 600 index was in positive territory by 0.5%. Among the biggest gainers on Friday were shares of Burberry,…