Here are your opening calls After three consecutive days of gains, the pan-European Stoxx 50 looks set to rise again today, with futures tied to the index last seen trading 0.6% higher. Those tied to the German DAX, France’s CAC 40 and London’s FTSE 100 are also all up by around 0.6%. Market participants will…
The stock market has been on a tear over the past month, as Wall Street mulled over quarterly earnings reports, President Donald Trump ‘s tariff moves, and the Federal Reserve’s next monetary policy decision. Since last month’s third annual meeting of the CNBC Investing Club, the S & P 500 and Nasdaq hit nine and…
European shares open higher Twenty minutes into Wednesday’s session, European equities are broadly moving higher, with the pan-European Stoxx 600 gaining 0.45% so far. Germany’s DAX index is around 0.7% higher, while the French CAC 40 and London’s FTSE 100 were last seen trading 0.4% and 0.3% higher, respectively. — Chloe Taylor Global rally Traders…
Watch: Munich Re CFO interview Munich Re shares have tumbled toward the bottom of the Stoxx 600 this morning, after the reinsurer cut its revenue guidance for the year. The company’s chief financial officer, Christoph Jurecka, told CNBC’s “Squawk Box Europe” that the tariff environment is not affecting its commitment to the U.S., and warned…
Fast-food chains are still ringing up sales, but the diners they serve look different from a year ago. McDonald’s said this week that profit for the spring quarter rose 11% to $2.25 billion, helped by a 3.8% gain in worldwide same-store sales. But growth at U.S. outlets slowed to 2.5%. Executives pointed to “continued pressure”…
A Rolls Royce driving past the entrance of the Jaeger-LeCoultre boutique on Rue du Rhône on August 2, 2025 in Geneva, Switzerland. Robert Hradil | Getty Images News | Getty Images Business leaders are scrambling to get their head around a new era of tariff complexity. The bemused mood among European chief executives on Thursday…
TOKYO (AP) — Asian shares were mostly higher in muted trading Wednesday, after discouraging signs about the U.S. economy sent Wall Street shares declining, and Investors are sifting through a slew of corporate earnings reports to assess how businesses may have been affected by U.S. President Donald Trump’s tariffs. Among Japanese companies, automakers Honda Motor…
Cathay Pacific has benefited from a pick-up in travel demand in Asia – Copyright AFP Peter PARKS Hong Kong’s Cathay Pacific said Wednesday it would place a US$8.1-billion order for 14 Boeing jets, its first order with the American aircraft maker for 12 years. The airline has “exercised the purchase rights… to purchase 14 Boeing 777-9…
Robert Thomson, CEO of Rupert Murdoch’s News Corp., which was sued last month by Donald Trump, found a crafty way to bring Trump back into the conversation Tuesday. The feisty and puckish exec, whose signature communiqués often include alliteration and high-flown language, cited Trump in the company’s fiscal fourth quarter earnings report. Trump’s suit was…
Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices…