Now playing Next Business AstraZeneca stock up as it pulls Covid-19 vaccine from European market The pharma giant AstraZeneca has requested that the European authorisation for its Covid-19 vaccine be pulled, according to the EU medicines regulator. 09/05/2024
Now playing Next Business Spanish government rejects BBVA bid to win over Sabadell shareholders The Spanish government has rejected an offer by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) to Banco Sabadell SA shareholders, sparking renewed discussions on banking consolidation within Europe. 09/05/2024
Now playing Next Business Munich Re stock rises as company cheers investors with latest earnings A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re's latest financial results. 08/05/2024
Now playing Next Markets Weekly markets recap: Mixed trends as investors digest company results Global markets this week have shown a mixed trend as investors delved into a diverse array of macroeconomic developments and company quarterly earnings. 03/05/2024
Now playing Next Business French government will 'fight' against TotalEnergies’ New York listing A move to Wall Street is not in the best interest of the French people, says Finance Minister Bruno Le Maire. 02/05/2024
Now playing Next Markets Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be on the Federal Reserve's monetary policy meeting to gauge investment sentiment. 29/04/2024
Now playing Next Markets Markets rebound: Easing geopolitical tension brings recovery European stock markets have bounced back after a three-week losing streak, bolstered by eased geopolitical tensions and robust corporate earnings. Meanwhile, Wall Street is also set for a positive week, with performance influenced by the outcomes of major tech company results. 26/04/2024
Now playing Next Business France's Casino supermarket chain to cut 3,200 jobs following takeover France's Casino supermarket chain is to cut between 1,300 and 3,200 jobs following its recent takeover by Czech billionaire Daniel Kretinsky. 26/04/2024
Now playing Next Markets French lender BNP Paribas beats profit estimates as expenses decline French lender BNP Paribas beats profit estimates for the first quarter (Q1) as expenses fell. 25/04/2024
Now playing Next Markets FTSE hits new record as Associated British Foods posts strong results London's FTSE 100 hit an all-time high on Tuesday as traders digested latest economic data and positive corporate earnings from Primark owner Associated British Foods. 23/04/2024
Now playing Next Markets Markets report: Stocks rebound as fears ease over Middle East conflict Stocks were seen on the rebound as investors showed relief that a wider conflict in the Middle East might be averted. Gold and the dollar eased back as crude oil prices slipped following Iran's Friday comments that it is not looking to retaliate after Israel's reported drone attack. 22/04/2024
Now playing Next Europe News Faced with US and China, EU leaders call for competitiveness deal The 27 leaders of the European Union have called for a "new competitiveness deal" to close the economic gap with its global rivals and reverse a worrying trend of industrial decline. 18/04/2024
Now playing Next Markets LVMH stock falls as consumers rein in spending on luxury goods LVMH shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results. 17/04/2024
Now playing Next Markets European markets slump as investors weigh Middle East developments European markets were all in the red on Tuesday afternoon as traders continued to monitor developments in the Middle East - and digest fresh economic data from China. 16/04/2024
Now playing Next Markets Week ahead in the markets: Risk-aversion expected to take centre stage Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings result this week. 15/04/2024
Now playing Next Markets Weekly round-up: Markets at crossroads following ECB’s rate-cut hint The European stock markets will likely end the week in the red for the second straight week due to surging bond yields, despite the European Central Bank’s hint for a June rate cut. 12/04/2024
Now playing Next Markets The week ahead on the markets with all eyes on the ECB's rate decision This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic outlook. Additionally, the US will release its March inflation data, steering the global market’s sentiment. 08/04/2024
Now playing Next Markets Weekly round-up: European markets lose steam amid bond jitters The European stock markets saw a decline for the week due to spiking bond yields, as some US Federal Reserve officials maintained a hawkish stance on interest rates, which rippled through the global markets. 05/04/2024
Now playing Next Economy Eurozone economic pulse quickens: Can stocks surge further? The Eurozone's private sector growth surges to a ten-month peak, fueled by a robust services sector. Investor confidence remains high, yet further stock market gains depend on continued disinflation and potential ECB rate cuts, with escalating oil prices posing a threat to stability. 04/04/2024
Now playing Next Markets What's boosting the FTSE? London blue-chip index climbs above 8,000 In early trade on Tuesday 2 April, the FTSE 100 index in the UK broke through the 8,000 level, setting a new record at 8,015.60. 02/04/2024