2021-02-02 12:10:00
EUROPEAN INDEXES UP
REUTERS - FEBRUARY 2, 2021 - European shares rose on Tuesday as investors were hopeful of a faster economic recovery, while technology shares led the advance after French IT consulting group Atos ended talks of a potential takeover of U.S. rival DXC Technology.
Shares in Atos SE gained 5% after the firm said it has decided to discontinue talks about a potential $10 billion acquisition of DXC Technology Co.
The European technology sector rose 1.4%, while the STOXX 600 index gained 0.8%.
An upbeat mood from Asian markets spilt over to Europe in early trading on hopes of more stimulus for the U.S. economy.
Investor focus also remained on earnings reports from across Europe, with Fresenius Medical Care tumbling 12% after the world’s No.1 kidney dialysis firm warned its adjusted net profit would likely drop this year.
BP plunged 4% after its profit in the last quarter of 2020 sunk to $115 million due to weak energy demand and poor trading results.
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Earlier:
2021, January, 29, 14:15:00
EUROPEAN INDEXES DOWN AGAIN
The benchmark STOXX 600 index dropped 1.6% in early trading
2021, January, 28, 12:45:00
EUROPEAN INDEXES DOWN ANEW
The pan-European STOXX 600 fell 1.9%, turning negative for the year
2021, January, 28, 12:40:00
EUROPEAN RENEWABLES HAVE TO DOUBLE
While renewables' 2020 performance was impressive, especially during a global pandemic, the report warns that the average pace of deployment through the 2020s will need to more than double that of the prior decade if the EU is going to hit its target of a 55 percent reduction in emissions by 2030.
2021, January, 27, 14:00:00
EUROPEAN INDEXES DOWN
European share indexes opened in the red. The STOXX 600 was down around 0.3% on the day
2021, January, 19, 13:50:00
EU GAS MARKETS ARE CHANGING
The European Commission is planning to issue new proposals for gas legislation in the last quarter of 2021. EU gas markets are on the cusp of dramatic changes.
2021, January, 6, 13:30:00
EUROPEAN INDEXES UP
The pan-European STOXX 600 index was up 0.2%, while UK’s FTSE 100 rose 0.7% and Germany’s DAX gained 0.2%.
