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 →
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 →
