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Banking

European shares post worst week in three months, Siemens Energy slumps

Siemens Energy weighs on German stocksGSK jumps on settling first Zantac cancer U.S. lawsuitEuro zone business growth stalls in June - flash PMISTOXX 600 off 0.3%, Germany's DAX down 1.0%June 23 (Reuters) - European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher for longer, while shares of Siemens Energy plunged as it withdrew its annual profit outlook.The STOXX 600 (.STOXX) index closed 0.3% lower after data showed euro zone business growth stalled this month as the...
Banking

European shares fall, Sartorius plunges on forecast cut

German stocks retreat from record highAirbus rises amid string of new ordersMTU Aero Engines up on FY earnings outlook hikeJune 19 (Reuters) - European shares fell on Monday, with Franco-German lab equipment maker Sartorius leading the declines, while investors cautiously awaited further stimulus measures from China to revive demand.The pan-European STOXX 600 index (.STOXX) shed 0.6%, while Germany's DAX index (.GDAXI) dropped 0.6% after closing at a record high in the previous session.Shares of Sartorius (SATG.DE) plunged 16.6%, to the bottom of the STOXX 600, after the company cut its...
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