London’s FTSE 100 touched a fresh record high on Friday – and some market watchers see more upside ahead for the long-maligned index, with U.S. tariffs, macroeconomic influences and outperformance in certain sectors sparking a widespread reassessment of U.K. equities. The U.K. index — home to some of the world’sRead More →
Global rally Traders work on the floor of the New York Stock Exchange on Aug. 12, 2025. Spencer Platt | Getty Images It isn’t just stocks in Europe that are on the rise. Overnight in Asia, shares have been rallying, with Japan’s Nikkei 225 hitting an all-time high and HongRead More →
UK reports higher-than-expected jobs growth Sign outside a Job Centre Plus on Nov. 15, 2024, in Shrewsbury, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. employment grew by a greater-than-expected 238,000 in the three months to June, according to official data. The number of job vacancies declinedRead More →
Markets expect Bank of England to hold rates steady General view of the Bank of England and the Bank of England’s Prudential Regulation Authority (PRA) in March 2025. Sopa Images | Lightrocket | Getty Images Markets are now pricing in a more-than 90% probability the Bank of England keeps ratesRead More →
Pharma stocks falter Stock Chart IconStock chart icon European pharma stocks We’re around three hours into Wednesday’s session, and pharmaceutical stocks are extending their losses. The Stoxx Europe Pharmaceuticals and Biotechnology index was last seen trading 1.8% lower, a day after U.S. President Donald Trump threatened to impose tariffs ofRead 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 →
Porsche CEO says ongoing challenges are ‘not a storm that will pass’ as profit falls sharply Luxury carmaker Porsche has said that ongoing macroeconomic and geopolitical challenges have led to a sharp drop in profit and sales for the first six months of the year. “We continue to face significantRead More →
What EU leaders make of the U.S. trade deal Several European leaders have been critical of the EU’s trade deal with the U.S., with French Prime Minister François Bayrou describing it as a “submission.” Irish Minister of State Neale Richmond said the export-reliant country was “not exactly celebrating.” The blocRead More →
Temenos shares pop 21% Stock Chart IconStock chart icon Temenos share price Shares of Swiss fintech firm Temenos popped 21.2% by 10 a.m. in London (5 a.m. ET), taking the company to the top of the Stoxx 600 index. That came after the banking software company’s Chief Financial Officer TakisRead More →
