U.S. President Donald Trump shakes hands with President of the European Commission Ursula von der Leyen as he announces a trade deal with the EU at Trump Turnberry golf club on July 27, 2025 in Turnberry, Scotland. U.S. Andrew Harnik | Getty Images News | Getty Images The U.S. and …
Bayer shares drop after earnings Roundup weedkilling products for sale at a home improvement store on May 14, 2019, in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Shares of German chemicals giant Bayer were last seen trading 4.5% lower, after the company said on Wednesday that …
Nokia profit misses expectations, as tariffs and weak dollar weigh on outlook Finnish telecoms giant Nokia‘s second-quarter profit came in below expectations, a day after the company warned it would take a hit of up to $364 million this year from tariffs and a weak U.S. dollar. The firm’s second-quarter …
Teleperformance shares rebound after AI fears wipes out 700 million euros from market cap Paris-listed shares of Teleperformance have rebounded more than 3% after a violent trading day in its stock, which saw hundreds of millions of euros wiped off the value of the company. The company presented its “Future …
Entain up 11% as North American sports betting booms Shares of London-listed Entain have popped 11% to their highest level for more than a year, after the gambling group hiked full-year guidance for its North American sports betting and online gaming arm BetMGM in an unscheduled update. The business reported …
German foreign minister backs Trump’s target of spending 5% of GDP on defense On Thursday, German Foreign Minister Johann Wadephul backed U.S. President Donald Trump’s calls for NATO members to spend 5% of their gross domestic product on defense. Speaking on the sidelines of a meeting of NATO foreign ministers …
Europe stocks close slightly lower European stocks ended Monday’s session narrowly in the red, with the regional Stoxx 600 down 0.13%. The index closed 0.56% higher last week after two weeks of losses, but is currently on course for its first monthly decline of the year. The Stoxx 600 has …
Larry Summers predicts a ‘new miracle drug’ will emerge every couple of years Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Speaking on a panel moderated by CNBC’s …
Euro, sterling fall against U.S. dollar The euro and British pound were both around 0.2% lower against the U.S. dollar in mid-morning trade, coming off solid gains against the greenback in the previous session. Investors are continuing to assess the impact of U.S. President-elect Donald Trump’s upcoming increase in trade …
Commerzbank reports third-quarter drop in net profit Commerzbank posted a 6.2% drop in net profit to 642 million euros in the third quarter amid a broader drop in net interest income and higher risk provisions. The lender nevertheless said it has lifted its 2024 expectations for net interest and net …