Markets

European shares rise as S&P 500 hits record high as earnings thrill

Shares climb in Europe as the S&P 500 hits the 5,000 level for the first time as strong financial results continue.

8 February 2024

Markets

AstraZeneca shares tumble despite posting strong sales for cancer drug

Shares in AstraZeneca were down nearly 4% on the London Stock Exchange on Thursday morning after reporting its latest financial results.

8 February 2024

Markets

A look at how the Magnificent Seven rival Europe’s top four economies

Euronews Business takes a closer look at how Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta, and Tesla now account for nearly one-third of the S&P 500 Index, a concentration that sparks intense debate over the future of market equilibrium.

6 February 2024

Markets

AI giants' earnings: Triumph or trouble for Microsoft, AMD, Google?

The quarterly financial reports from artificial intelligence heavyweights Microsoft, AMD and Google, released yesterday, delivered a mix of unexpected positive outcomes and disappointments.

31 January 2024

The Big Question

Why are US exchanges more appealing to European companies?

NYSE Vice Chair John Tuttle discusses why European companies are opting for US stock exchanges and how the upcoming US elections will impact the IPO market.

19 January 2024

Markets

Euroviews. Oil price forecast for 2024: What’s in store for global crude?

Despite the headwinds in 2024, consumers might be able to breathe a sigh of relief as oil prices are expected to remain range-bound or trend downwards as compared to 2023, Osama Rizvi writes.

25 December 2023

Markets

European markets mixed after week of central bank rate decisions

European markets were in a mixed mood on Friday as investors digested central bank decisions this week on interest rates, including from the US Federal Reserve, Bank of England and European Central Bank.

15 December 2023

Markets

Gold price climbs as investors buy the bullion after Fed rate decision

Euronews Business looks at how the markets are performing on Thursday after the US Federal Reserve's latest interest rate decision.

14 December 2023

Markets

Markets wrap: European stocks higher ahead of Fed rate decision

European stocks and the FTSE 100 were all trading higher on Wednesday morning ahead of the US Federal Reserve rate decision.

13 December 2023

Markets

World's biggest central banks gear up for crucial week for markets

Monetary policy decisions from some of the world's biggest central banks will take centre stage this week, against a backdrop of global speculation that they are finished with lifting key interest rates.

11 December 2023

Markets

Disney's dividend is back after a three-year suspension

The Disney dividend is back after a suspension of more than three years. Euronews Business takes a look at how the company is turning its finances around.

1 December 2023

Markets

Gold price climbs to record high: Why are investors flocking to it?

After two lackluster years, gold is staging an impressive comeback in 2023, with the precious metal delivering double-digit gains by the end of November, inching closer to its all-time highs of $2,060 per ounce reached in August 2020.

29 November 2023

Business

Guinness manufacturer Diageo sees stock plunge on profit warning

Shares in Guinness beer maker Diageo plunged 15.44% in afternoon trade on Friday as investors reacted to the company’s latest earnings report.

10 November 2023

Economy

Europe at risk of a renewed inflation shock from the Israel Hamas war

The International Monetary Fund (IMF) has warned that the conflict in the Middle East between Hamas and Israel could drive up inflation as central banks continue the battle to bring it down.

8 November 2023

World News

China's Evergrande struggling to avoid defaulting on $340 billion debt

Evergrande ran short of cash after Beijing tightened controls in 2020 on corporate debt the ruling Communist Party worries is dangerously high. Some other developers collapsed, leaving half-finished apartment blocks standing empty.

19 August 2023

Europe News

EU should 'stay alert' after Silicon Valley Bank collapse: McGuinness

"Higher inflation and rising interest rates present different challenges to financial stability," said European Commissioner Mairead McGuinness.

15 March 2023

Switzerland

European banks plunge, dragged down by Credit Suisse

On the Paris stock exchange, French bank Société Générale fell by 10.6% and BNP Paribas by 10.3% - marking the biggest decline in the session since 24 February 2022 for Société Générale and since 16 March 2020 for BNP Paribas.

15 March 2023

USA

'Stop the jitters': IMF chief chides UK amid pressure for Truss U-turn

World financial leaders meeting in Washington have criticised the Truss government's unfunded tax cut plan amid fears the market turmoil could overshadow more considerable challenges.

13 October 2022

Culture news

Where are the most iconic Christmas trees around the world?

Here's a list of some of the most tree-mendous (sorry) festive firs across the world.

24 December 2021

Money

Bitcoin has dropped by 29%. Why has it plunged this time?

The value of Ether also dropped by 10 per cent amid a broad sale of cryptos which saw the $2.5 billion worth of crypto liquidated. What caused the drop?

4 December 2021