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Milan’s FTSE MIB closed 0.9% higher at 49,628 on Tuesday, recovering from early losses as falling oil prices boosted sentiment across sectors. Tech shares led the rally, with STMicroelectronics (7.1%), Technoprobe (3.4%) and Prysmian (3.3%) extending gains from the previous session. Utilities distributors Snam (2.8%),
The FTSE MIB closed 1.3% higher at 49,187 on Monday, lifted by defense, tech and heavyweight financials. Defense Leonardo (1.9%) and Fincantieri (3.5%) rose as Europe's five largest defense spenders warned of Russia's threat to the continent. Avio rose 5.8% after Berenberg raised its target price and rating to "Buy". P
Italy's FTSE MIB closed 0.4% higher at 48,559 on Friday but held near a May low, as gains in energy offset losses in AI, auto and luxury. Energy shares rallied as global oil prices continued climbing, with Tenaris (4.5%) and Saipem (4.2%) advancing. Eni surged 5.8% after beating earnings estimates and announcing plans
Italy’s FTSE MIB closed 1.2% higher at 49,643 on Wednesday, rebounding from a five-month low, lifted by gains in tech and heavyweight financials. Prysmian (2.8%), Technoprobe (2.8%) and STMicroelectronics (2.6%) advanced, tracking optimism across the sector following upbeat results from SpaceX and Super Micro Computer.
European stocks closed higher on Friday with broad support from all major sectors as markets continued to gauge positive earnings prospects against risks of high inflation. The Euro STOXX 50 added 0.6% to 6,204 and the STOXX Europe 600 rose for a fifth session in six, gaining 0.7% to 644. Banks closed sharply higher as
Rocket Lab said the first Neutron launch has been pushed into 2027. Bending Spoons rose 41.20% after Berkshire Hathaway committed another $330 million, while Greenland Energy gained 76.47% after revising drilling deadlines; CoreWeave and Dell shares also fell sharply.
Berkshire Hathaway committed an additional $330 million to Bending Spoons, raising its stake to 4%. Bending Spoons will issue 10 million shares at $33 each in a private placement.
By Jamie McGeever ORLANDO, Florida, Oct 12 (Reuters) — Oil and fuel prices rose on Monday following weekend attacks on a Saudi airport, which had a varied impact on global stocks. Asia shares mostly fell, Europe shares rose, and Wall Street was mixed. The dollar continued its recent rally and hit an 18-month high, and
(Updates prices) Shares narrowly mixed globally Volatile oil turns higher amid Gulf attacks US banks to kick off earnings season on Tuesday Dollar holds recent broad gains, euro on defensive By Sinéad Carew and Danilo Masoni NEW YORK/MILAN, Oct 12 (Reuters) — Oil prices climbed on Monday as attacks on Saudi Arabia over
European shares rise, Wall Street futures steady Volatile oil turns higher amid Gulf attacks US banks to kick off earnings season on Tuesday Dollar holds recent broad gains, euro on defensive (Updates after US stock market open) By Sinéad Carew and Danilo Masoni NEW YORK/MILAN, Oct 12 (Reuters) — MSCI's global equities
Bank of America strategists say European stocks are set to perform in line with global peers after a period of underperformance.
LONDON, Sept 25 (Reuters) — European diesel refining margins fell sharply on Friday as regional inventories edged higher. Low-sulphur gasoil futures traded at $79.30 a barrel above Brent crude futures by 1640 GMT, $9.53 lower than the previous close. Margins hit a record high of nearly $95 on Wednesday after President
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
The FTSE MIB closed largely unchanged at 51,555 on Tuesday, amid gains in defense and utilities while heavyweight financials were mixed amid ongoing merger talks. UniCredit fell 2.3% after holding talks with the German Finance Minister regarding its stake in Commerzbank. The Italian lender expects to take full ownershi
Kroger said second-quarter identical sales without fuel rose 0.2% and adjusted EPS was $1.09. The company also lowered full-year identical sales guidance without fuel to 0.2% to 0.8% while maintaining its adjusted operating profit outlook.
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.
The FTSE MIB rose 0.3% to 52,883 on Wednesday, lifted by prospects for higher defense spending and ongoing consolidation talks that weighed on banking.