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Sep 05 2024
News
European shares inch lower on jitters ahead of U.S. labor data
Sept 5 (Reuters) - European stocks slipped for a fourth straight session on Thursday, as investors awaited more economic data from the euro zone, while also tracking U.S. jobs data to gauge the Federal Reserve's outlook for interest rate cuts. The pan-European STOXX 600 index (.STOXX) edged 0.1% lower, as of 0715 GMT. Miners (.SXPP) were down 0.8%, after prices of most industrial metals fell
Reuters
Sep 01 2024
News
European Stocks’ Quest to Outshine US Markets Is Fading Quickly
The promise of European stocks gaining an edge over their US counterparts is fading after a brief spell of outperformance, as concerns of an economic slowdown weigh on the outlook for earnings.
Where Europe stood to gain from a shift away from big tech stocks, investors are instead turning to undervalued sectors of the US market. Their preference is driven by data showing the US economy
Bloomberg
Sep 05 2024
News
European Stocks Slip as Growth Worries Weigh Ahead of Jobs Data
European stocks edged lower as worries over the risk of a US recession and slowing growth in China weighed on sentiment ahead of a closely-watched jobs data release.
The Stoxx Europe 600 Index fell less than 0.1% as of 8:13 a.m. London time. Mining stocks were among the biggest declines, coming under pressure amid a slump in iron ore prices. Luxury stocks were also weak amid renewed
Bloomberg
Aug 22 2024
News
BMW Pulls Ahead of Tesla in European EV Sales For First Time
BMW AG outsold Tesla Inc. on electric vehicles in the European Union for the first time last month as the German carmaker managed to increase shipments in an otherwise weakening market for battery-powered cars.
Sales of fully electric BMWs in the bloc jumped by around a third to 14,869 units in July, according to data compiled by consultants Jato Dynamics. Tesla’s shipments declined 16
Bloomberg
Jun 25 2024
News
Microsoft+breached+antitrust+rules+by+bundling+Teams+with+office+software%2C+European+Union+says
Microsoft violated European Union antitrust rules with “possibly abusive” practices by tying its Teams messaging and videoconferencing app to its widely used business software, the bloc said. The European Commission said Monday it informed Microsoft of its preliminary view that the U.S. tech giant has been “restricting competition” by bundling Teams with core office productivity applications
New Orleans City Business
Aug 30 2024
News
End of an era: The big change coming to European travel in November
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. In travel news this week: an accidental megadeal on first-class tickets, the world’s best-connected airport and why now is a good time to plan a trip to Europe. Plus a bit of relief for those of you traveling this Labor
CNN Digital
Sep 07 2024
News
Business openings: Ivybrook Academy, Jenny Holladay Design & European Wax Center
Ivybrook Academy at Winterfield has opened a private half-day preschool serving children from 18 months to 5 years old. The school also offers summer camps. This is the first location in Virginia, with another location in North Carolina. 480 Winter Place Way. ivybrookacademy.com Junk Yeti leased space in Henrico to open a business location for junk removal serving residential and commercial
Richmond Times Dispatch
Aug 30 2024
News
European Stocks Climb to New High as French Inflation Eases
European stocks reached a new intraday record high as cooling French inflation data cemented expectations that interest rate cuts are coming.
The Stoxx 600 Index added as much as 0.2% to 525.68, surpassing the previous intraday peak. Real estate and basic resources sectors were leading gains, while media and technology were the biggest laggards.
Bloomberg