European companies are being priced for stagnation in their full-year earnings, but there could still be “significant downside” should U.S. President Donald Trump’s sweeping tariff policies spark a recession in the region, according to analysts at Barcla...
Alphabet Inc’s (NASDAQ:GOOGL) Google is facing a class action lawsuit in the U.K., where it’s being sued for potential damages exceeding £5 billion ($6.6 billion). The claim alleges that the U.S. tech giant has been abusing its near-total dominance in the online sea...
Citi analysts upgraded Delivery Hero AG (ETR:DHER) to Neutral from Sell and updated its estimates to reflect the mixed trends in the food delivery sector and the negative impact of updated foreign exchange (FX) rates. The upgrade follows a 28% drop in Delivery Hero’...
The Canadian Dollar (CAD) has experienced a significant decline in its FX macro fundamental scorecard over the past nine weeks. This drop, which is the largest seen alongside the Norwegian Krone (NOK), has been driven by a sharp fall in Canada’s terms of trade and e...
The British pound experienced a slight decrease on Thursday following the release of data that showed a slowdown in British inflation in March. Despite this, the sterling remained higher against the dollar for the day due to gains made earlier. The rate of British i...
U.K. inflation cooled by more than expected in March, providing some room for the Bank of England to cut interest rates once more next month. Annual consumer price inflation rose 2.6% in March, below the 2.8% seen the prior month, but still above the U.K. central ba...
European equity indices retreated Wednesday as the trade war between China and the U.S. intensified, raising concerns over the strength of the global economy. At 03:05 ET (07:05 GMT), the DAX index in Germany dropped 0.5%, the CAC 40 in France slipped 0.7% and the ...
UBS has revised its GDP growth forecasts for the U.K. for 2025 and 2026, citing stronger-than-expected economic growth in the first quarter of 2025 and anticipated smaller-than-expected negative indirect effects. The Swiss multinational investment bank on Monday ra...
Gold prices fell slightly in Asian trade on Tuesday, but remained in sight of recent peaks as demand for safe havens remained underpinned by uncertainty over U.S. plans for trade tariffs. Bullion lost some ground in recent sessions as the exemption of electronics im...
The British pound gained traction on Tuesday, recovering some of its losses against the euro, as market volatility that has been prevalent for the past few weeks started to fade. On Tuesday, macroeconomic data indicated a potential weakening in the UK’s labor market...
