european shares

 
 

Retail stress roils European stocks, no Christmas boost in sight

LONDON, Dec 18 ― European shares tumbled yesterday when a profit warning from online fashion retailer ASOS sent retail stocks into nose-dive as investors fretted that consumers were failing to deliver the traditional pre-Christmas spending boost…


Investors ditch European shares as political risk bursts

LONDON: Investors took cover and ditched European shares as a burst of political risk with a key vote on Brexit being delayed and unrest over the weekend in France added to concerns over global growth and US-China trade tensions. Losses accelerated at the end of the session when Wall Street indexes slid and the S&P 500 […]


Global shares mixed as trade worries loom; oil surges

NEW YORK, Dec 8 — Concerns over China-US trade tensions gave European shares their worst week of losses in two months and sank US stocks yesterday, overshadowing the lift from higher oil prices and jobs data. While Europe was higher on the day…


Bitcoin crashes to lowest this year, losses top 25 pct in a week

LONDON: Bitcoin slumped to its lowest this year, tumbling as much as 10 per cent to breach US$4,300 and taking losses in the world’s best-known digital coin to 25 per cent within a week. Other smaller coins also skidded sharply as a broader cryptocurrency sell-off, said by traders and market makers to be rooted in […]


Oil claws back after plunge, sterling rises on Brexit deal

NEW YORK, Nov 15 — Oil prices bounced up yesterday, as hopes for output cuts fueleld a partial rebound from the previous session's steep decline, and the euro and sterling gained as British Prime Minister Theresa May obtained her cabinet's backing…


European shares recover after US tech rout; US dollar gains

LONDON, Nov 13 — European shares recovered today after feeling the strain of a tech rout on Wall Street, while political risks in Europe helped the dollar as investors dumped riskier assets. Fears of a peak in corporate earnings growth, softening…


Slump in oil prices and China data weighs on global stocks

NEW YORK, Nov 10 — Stocks around the globe suffered their biggest drop in two weeks yesterday as weak Chinese economic data sapped demand for equities while oil prices weakened again. US stocks were broadly lower, with energy shares falling more…


Tech tremors sink European stocks, Valeo plunges on profit warning

LONDON, Oct 26 — European shares buckled today, tracking a decline in US stock futures after tech stocks Alphabet and Amazon missed results expectations, further sapping risk appetite as European earnings also disappointed with Valeo harshly…


Sixth straight day of losses for European stocks as banks, autos, tech fall

LONDON, Oct 25 — European shares failed to rebound yesterday as weak results from chipmaker STMicro and Deutsche Bank, and falling US stocks, kept the mood bearish despite strong results from Gucci owner Kering that boosted the luxury sector. The…


Dollar stands tall, stocks fall after hawkish Fed minutes

LONDON, Oct 18 — The dollar rose to a one-week high today and stocks edged lower after signs that the Federal Reserve will keep raising interest rates through 2019 undermined a bounce in world markets. China’s stock markets were hit hard — its…