European shares end lower on rate cut jitters; Richemont shines PARIS: European shares closed lower on Friday, as investors turned cautious following remarks from a policymaker on... Published 18 May, 2024 05:45am
Business & Finance Dollar mostly flat as market mulls inflation outlook NEW YORK/LONDON: The dollar traded little changed against major currencies on Friday as market speculation continues... Published 18 May, 2024 05:45am
Markets STOXX 600 closes at record high on earnings, rate cut optimism PARIS: Europe’s main stock index closed at a record high on Friday, on track for its biggest weekly gain since ... Published 11 May, 2024 06:22am
Markets STOXX 600 ends at record high; BBVA weighs on Spain PARIS: Europe’s benchmark index inched up to close at a record high on Thursday, driven by a jump in industrial... Published 10 May, 2024 04:17am
Business & Finance ECB grows more confident about cutting rates, policymakers say VILNIUS/FRANKFURT: The European Central Bank is growing more confident about cutting interest rates as euro zone... Published 06 May, 2024 07:26pm
Markets European stocks eke out gains after German inflation data PARIS: European shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while... Published 30 Apr, 2024 03:43am
Markets Europe’s STOXX 600 logs best day in three months PARIS: Europe’s benchmark stock index had its biggest one-day gain in more than three months on Friday, propelled... Published 27 Apr, 2024 05:03am
Markets European stocks retreat on earnings gloom PARIS: European stocks dropped on Thursday, hit by bleak earnings from consumer giant Nestle and Dutch digital... Published 26 Apr, 2024 04:15am
Markets STOXX 600 falls on banks drag; tech contains losses on ASMI boost PARIS: Europe’s benchmark stock index dropped on Wednesday as financials sagged on disappointing earnings from... Published 25 Apr, 2024 03:05am
Markets Industrials boost STOXX 600 as earnings season rolls in PARIS: European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record... Published 19 Apr, 2024 05:07am
Markets Europe’s STOXX 600 flat as energy counters strength in industrials PARIS: Europe’s benchmark stock index closed on a subdued note on Monday, as energy shares dropped on weak oil... Published 16 Apr, 2024 03:38am
Markets Europe’s STOXX 600 flat on rising Middle East tensions PARIS: European shares were flat on Friday after hitting a one-week high in early trade, as rising tensions in the... Published 15 Apr, 2024 03:56am
Business & Finance Dollar jumps on central bank divergence NEW YORK: The euro stumbled to a five-month low against the dollar on Friday after the European Central Bank... Published 15 Apr, 2024 03:56am
Business & Finance ECB holds rates at record highs, signals upcoming cut FRANKFURT: The European Central Bank kept interest rates at record highs on Thursday but sent an even clearer signal... Published 11 Apr, 2024 07:36pm
Business & Finance ECB seen holding interest rates one last time FRANKFURT: The European Central Bank is expected to freeze its key interest rate at a record high again Thursday but... Published 11 Apr, 2024 10:54am
Markets European shares rebound from one-month low; ECB rate verdict up next European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with... Published 10 Apr, 2024 10:14pm
Markets European stocks gain on German data as focus turns to ECB meeting PARIS: European shares climbed on Monday, led by cyclical stocks, after strong industrial production data from the... Published 09 Apr, 2024 05:06am
Business & Finance ECB accounts show firming case for rate cuts FRANKFURT: European Central Bank policymakers are increasingly confident that inflation is heading back to their 2%... Published 04 Apr, 2024 05:27pm
Markets European stocks dragged down by healthcare PARIS: European stocks made a downbeat start to the second quarter, pressured by healthcare shares, while investors... Published 03 Apr, 2024 05:29am
Business & Finance ECB likely to start with ‘moderate’ rate cut this spring, Villeroy says PARIS: The European Central Bank (ECB) is likely to start off with a “moderate” interest rate cut this spring,... Published 30 Mar, 2024 04:58am
World Global warming to raise food prices, inflation: study PARIS: Global warming and heatwaves are expected to further increase food prices and overall inflation across the... Published 23 Mar, 2024 05:41am
Business & Finance ECB cannot commit to rate path even after first cut, Lagarde says FRANKFURT: The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts... Published 20 Mar, 2024 04:56pm
Markets Yen gains as bets firm for imminent rate hike; sterling slides TOKYO: The yen strengthened against the dollar on Monday as signs the Bank of Japan will exit negative interest... Published 11 Mar, 2024 09:24am
Markets Europe’s STOXX 600 jumps 1pc after ECB rate decision PARIS: Europe’s main index leapt on Thursday, after the European Central Bank kept rates steady on signs of ... Published 08 Mar, 2024 03:14am
Business & Finance Dollar slips vs euro NEW YORK: The dollar fell against the euro on Thursday after the ECB kept rates steady even as it acknowledged... Published 08 Mar, 2024 03:14am
Business & Finance ECB keeps rates on hold with inflation still sticky FRANKFURT: The European Central Bank froze interest rates again on Thursday as it held off from starting to cut... Updated 07 Mar, 2024 07:01pm
Markets Tech, financials steer Europe’s STOXX 600 to record high PARIS: Europe’s main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while... Published 07 Mar, 2024 04:59am
Business & Finance US dollar slips to one-month low NEW YORK: The US dollar slipped to a one-month low against the euro on Wednesday after US Federal Reserve Chair... Published 07 Mar, 2024 04:59am
Markets European shares slip after China reforms underwhelm PARIS: Europe’s main index dipped on Tuesday, as mining shares weakened with metal prices on a lack of substantial... Published 06 Mar, 2024 04:18am
Markets European stocks hover near record highs PARIS: European stocks settled just below all-time highs on Monday, as investors digested strong gains in recent... Published 05 Mar, 2024 03:09am