Business

Inflation jitters take toll on European stocks ahead of earnings

(Reuters) -European shares slipped on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer China Evergrande also hitting confidence.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 8, 2021. REUTERS/StaffThe pan-European […]

Business

European stocks hit 2-month lows on inflation worries

(Reuters) -European stocks slumped to their lowest in two months on Friday, as warnings from companies and factory activity data highlighted the economic headwinds from supply-chain constraints and elevated prices.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 29, 2021. REUTERS/StaffThe Europe-wide STOXX 600 index fell 0.4% […]

Business

European stocks hit 2-month lows on inflation worries

(Reuters) -European stocks slumped to their lowest in two months on Friday, as warnings from companies and factory activity data highlighted the economic headwinds from supply-chain constraints and elevated prices.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 29, 2021. REUTERS/StaffThe Europe-wide STOXX 600 index fell 1.1% […]

Business

European stocks hit 2-month lows on inflation worries

(Reuters) -European stocks slumped to their lowest in two months on Friday, as warnings from companies and factory activity data highlighted the economic headwinds from supply-chain constraints and elevated prices.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 29, 2021. REUTERS/StaffThe Europe-wide STOXX 600 index fell 1.1% […]

Business

European stocks snap 4-day losing streak as oil, banks rise

(Reuters) -European stocks ended higher for the first time in five days on Monday, as oil, banks and utility shares gained on hopes that a strong euro zone economic recovery would outweigh risks from a global slowdown.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September […]

World News

Europe floods: Death toll over 110 as rescues continue

By FRANK JORDANS BERLIN (AP) — In one flooded German town, the ground collapsed under family homes. In another, floodwaters swept through an assisted living center, killing 12. Rescue workers across Germany and Belgium rushed Friday to prevent more deaths from some of the Continent’s worst flooding in years as the number of dead surpassed […]

World News

Further flooding feared in western Germany with death toll above 80

SCHULD/ERFTSTADT, Germany (Reuters) – Further flooding was feared in western Germany on Friday as a breach at another dam loomed and the death toll rose to more than 80 in what is Germany’s worst mass loss of life in years.Slideshow ( 3 images )Entire communities lay in ruins after swollen rivers swept through towns and […]

Business

Analysts lift profit growth forecast for European firms to 42.7%: Refinitiv

FILE PHOTO: A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, October 1, 2008. REUTERS/Toby Melville/File PhotoMILAN (Reuters) – Analysts have lifted their first-quarter profit growth forecast for European listed companies to 42.7% from the 41% that was expected last week, according to […]

Analysis & Comment

SoftBank-backed Kahoot plans $7 billion Oslo listing in coming weeks: sources

LONDON (Reuters) – SoftBank-backed online education firm Kahoot is planning to launch a main market listing on the Oslo bourse in the coming weeks, with the company valuation pegged at $7 billion, two sources familiar with the matter told Reuters.FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, February 4, […]

Business

U.S. authorities investigating SEB, Swedbank and Danske -Dagens Industri reports

STOCKHOLM (Reuters) – The U.S. Justice Department and the FBI are investigating SEB, Swedbank and Danske Bank over possible breaches of anti-money laundering regulations, Swedish newspaper Dagens Industri reported on Tuesday.FILE PHOTO: SEB bank flag flutters next to the bank’s building in Tallinn, Estonia December 1, 2019. REUTERS/Ints KalninsSwedbank, SEB, and Danske were not immediately […]