UK stocks fall after GDP data; Diageo tumbles to near 3-year low
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo...
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Morning Bid: Big Tech reports as bond yields recoil
A look at the day ahead in U.S. and global markets from Mike DolanBig Tech heavyweights Microsoft (MSFT.O) and Alphabet...
Birkenstock stumbles in underwhelming US market debut
Oct 11 (Reuters) - Birkenstock's (BIRK.N) stock ended more than 12% below its initial public offering (IPO) price on Wednesday in an underwhelming Wall Street debut that signaled investors remain cautious about new listings.Shares of the 250-year-old German sandal maker started trading at $41 after the IPO had priced at $46. That offering raised $1.48 billion, priced at the midpoint of the indicated range of $44 and $49 on Tuesday. The stock closed at $40.20, down 12.61%.The 11% decline from Birkenstock's IPO price on Tuesday to its opening price on...
Red Bull loses bid to suspend EU decision on antitrust raid
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Oct 2 (Reuters) - Austrian energy drinks maker Red Bull has lost its bid to get Europe's second highest court to suspend an EU antitrust decision that underpinned a raid on the company for alleged anti-competitive practices.The European Commission raided the company in March on concerns that it may have violated EU antitrust rules against cartels and abuse of a dominant position.Red Bull subsequently challenged the raid...
Novo Nordisk briefly overtakes LVMH as Europe’s most valuable company
LONDON, Sept 1 (Reuters) - Danish drugmaker Novo Nordisk (NOVOb.CO) unseated LVMH (LVMH.PA) as Europe's most valuable listed company on...
Morning Bid: Skyrocketing yields in the spotlight
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsA...
European shares drop on dour earnings, rate hike concerns
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 16, 2023. REUTERS/Staff/File...
UN asks Putin to extend Black Sea grain deal in return for SWIFT access -sources
UNITED NATIONS, July 12 (Reuters) - U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend...
Luxury shares boost Europe’s STOXX 600, French stocks hit new record high
STOXX 600 ends up 0.4%France's CAC 40 hits new record highLVMH hits all-time high after strong Q1 reportTesco expects flat...
Factbox: Which companies are affected by SVB collapse?
March 13 (Reuters) - Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the...
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