Archive for Tag: stock markets

European stock markets

European Stock Futures Higher; U.K. GDP Release Helps

European stock markets are expected to open higher Thursday, continuing to stabilize after the sharp losses earlier this week, but doubts about China’s economic expansion remain. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.7% higher, CAC 40 Futures in France climbed 0.7% and...

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Volkswagen Stock Price

Volkswagen expects chips shortage to ease in Q3

Volkswagen (DE:VOWG) is trading up 0.03% at 367.80 Volkswagen (DE:VOWG)expects a shortage in semiconductor supply to ease in the third quarter but sees the bottlenecks continuing in the long-term, a board member told Handelsblatt newspaper. “At the moment we have reached the lowest point. We are facing the toughest...

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Marks & Spencer shares surge in otherwise sluggish London market

London stocks were generally lower on Wednesday, with heavily weighted HSBC dragging the index lower, along with British Land, though Marks & Spencer was a bright spot after well-received results. The FTSE 100 index dipped 0.1% to 7,019.67, while the yield on 10-year U.K. gilts fell 3 basis points...

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Activist Bramson abandons tussle with Barclays, selling stake

Barclays (LON:BARC) DOWN 1.31% AT 318.36 Activist investor Edward Bramson has sold his firm’s 6% stake in Barclays (LON:BARC), disbanding a three-year effort to overhaul the British bank and ending a stand-off with chief executive Jes Staley. Bramson’s fund, Sherborne Investors, had pressured Staley since 2018 to scale back...

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