Latest News: Europe

European markets retreat as global sentiment falters on recession fears

European markets retreat as global sentiment falters on recession fears

Slowdown in private equity deals set to continue in 2023, says fund manager The slowdown in private equity transactions is expected to continue in the first quarter of 2023, according to a trust fund manager at Abrn. Alan Gauld, trust fund manager of private equity opportunities at Abrn, discussed the company’s 2023 outlook for private …

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European markets fall as investors assess China's Covid relaxation and oil moves

European markets fall as investors assess China’s Covid relaxation and oil moves

Stocks in motion: CFF up 8%, Rational down 7% Swedish real estate company SBB saw its shares surge 8% mid-afternoon to top the Stoxx 600 after presenting its pro forma earning capacity for 2023 following the sale of shares in education unit EduCo. At the bottom of the index, German kitchen appliance maker Rational fell …

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European Markets Stall as China Covid Policy Takes Center Stage;  HSBC up 5% on RBC deal

European Markets Stall as China Covid Policy Takes Center Stage; HSBC up 5% on RBC deal

UK gilt market ‘not back to normal’, says BOE governor Britain’s gilt market is “not back to normal” after the Bank of England intervened on Sept. 28, according to Governor Andrew Bailey, who spoke to a committee of lawmakers on Tuesday. The governor said the bank did not want to buy pegged gilts, but “needed …

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European markets edge lower as investors assess economic outlook

European markets edge lower as investors assess economic outlook

October wholesale price inflation in Germany well below expectations Germany’s producer price index came in at -4.2% month on month in October, the Federal Statistical Office said on Monday, well below Reuters consensus forecast for a 0.9 increase. %. On an annual basis, wholesale prices rose 34.5%, below expectations of a 41.5% slope. -Elliot Smith …

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European markets edge lower as investors assess economic outlook

European markets edge lower as investors assess economic outlook

October wholesale price inflation in Germany well below expectations Germany’s producer price index came in at -4.2% month on month in October, the Federal Statistical Office said on Monday, well below Reuters consensus forecast for a 0.9 increase. %. On an annual basis, wholesale prices rose 34.5%, below expectations of a 41.5% slope. -Elliot Smith …

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