LONDON — European stock markets kicked off the new month higher, as the defense and health-care sectors received a boost from corporate news. The Stoxx Aerospace and Defense index was up 1.65% at 10 a.m. in London (5 a.m. ET), after the U.K. government announced Sunday that Norway had placedRead More →
Why investors have welcomed Diageo’s results Diageo shares have pared gains, last trading around 3% higher as investors digest the drinks maker’s earnings report. CNBC’s Karen Tso dives into the details. Infineon up 5% as CFO says tariff impact less severe than thought Shares of Infineon are up 5% afterRead More →
Smaller Swiss firms face a ‘toxic cocktail’ of trade headwinds A fifth of the watches and jewelry made in Switzerland are exported to the United States. Yet, that market is unlikely to uniformly feel the impact of the tariffs, according to analysts at Vontobel, a Swiss asset manager. “[The tariffs]Read More →
European stocks decline for third day European stocks declined for the third day in a row as investors digested earnings from some of the largest companies on the continent. The Stoxx Europe 600 index fell by 0.5%. Regionally, Germany’s DAX declined by 1.2% and France’s CAC 40 was lower byRead More →
